Stellar Soars, Monero Under Pressure as BlockDAG Raises $386M and Takes Center Stage

The cryptocurrency market is witnessing contrasting trends today. Stellar (XLM) appears poised for a breakout towards new highs, fueled by positive technical signs and increasing use cases. Meanwhile, Monero (XMR) faces pressure following a 51% attack that has raised concerns about its decentralization. Stellar’s bullish momentum is driven by steady support above moving averages and growing adoption, while Monero’s chart remains uncertain following the security incident.