As soon as after the agreement on January 04, 2021, between Stellar Foundation and the Ukraine Government, Stellar (XLM) saw major price action within a week.
According to Coinmarketcap, XLM is now the 9th largest cryptocurrency by market capitalization. It just overtook Binance Coin (BNB) and Chainlink (LINK).
However, it has increased by 78.41% within the past week according to Coinmarketcap. At the time of writing, the XLM market cap is around $6.4 Billion, where BNB capped at $5.6 Billion and LINK at $6 Billion.
XLM trading at $0.28 in most exchanges with the leading market volume on Binance.
According to Cointelegraph, Stellar has recently won the battle of blockchain payment network against Ripple’s XRP. Further, the Ukraine government agreement with Stellar foundation came a day before the battle of blockchain winning. Cointelegraph reports.