The post These 3 Altcoins Will Help You Capitalize on Stellar’s Recent DIp appeared on BitcoinEthereumNews.com.

Stellar (XLM) has been once again fallen victim to bears’ trap. The XLM price has dropped by 2% in the last 24 hours.  While this downtick can be chalked up to a panic dip, it does give you an opportunity to go after the best altcoins that could help you capitalize on this rise. What Triggered XLM Price Decline? There are no coherent factors to be found that have triggered the Stellar price drop, but there might be several factors at play. Market observers say that the continued interest in XRP, thanks to the rising chance of SEC dropping the Ripple lawsuit, could have trickled down to the XLM value. There is not much news coming from the development front of XLM, and social media posts of this project are pretty barren. But the rise is still here, and so are the altcoins that could gain from this momentum. 3 Best Altcoins To Choose While Price Drops Solana (SOL) While XLM price dropped, crowd favorite crypto Solana price has gained a minor surge of more than 1% over the last 24 hours. Trading at around the $197 mark at the time of writing, Solana has seen a 45% increase in its trading volume. Source: CoinMarketCap The reasons attributed to this are institutional. Franklin Templeton has moved towards Solana, launching the Benji Investment platform. This has resulted in over $512 million FOBXX being transferred to the Solana network. On the development side of things, multiple new updates are arriving, including Solana Foundation events and more. Solana is also seen as a better alternative to Ethereum by developers, which could give it more boost in 2025. While a parabolic price increase should not be expected, considering the current market conditions, a linear long-term value could be generated through SOL holdings. Aureal One…

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Filed under: News - @ February 17, 2025 1:27 pm