Stellar's XLM Price Surges 7.5% Amid Renewed Interest in Payment-Focused Networks

The crypto market has seen a surge in interest for payment-focused layer-1 networks, with Stellar's XLM being one of the notable beneficiaries. In the last 24 hours, XLM has climbed 7.5%, outperforming the broader crypto market. This price increase is attributed to ongoing stablecoin and CBDC experiments on Stellar, which are driving up volumes and market capitalization.