- Stellar (XLM) has surged by 35% and is rapidly closing in on Shiba Inu (SHIB) in market capitalization, with XLM now valued at $13.65 billion, just behind SHIB’s $14.22 billion.
- Both tokens have experienced a strong start to 2025, with XLM continuing its upward momentum while Shiba Inu benefits from its growing ecosystem, including the success of its Shibarium platform.
The world of cryptocurrency has been buzzing with excitement as Stellar (XLM) makes waves in the market rankings. After a remarkable 35% surge, XLM is rapidly closing in on Shiba Inu (SHIB) in terms of market capitalization, with both tokens experiencing a solid start to 2025.
A Strong Start for Stellar in 2025
At the beginning of the new year, Stellar took the crypto world by storm. It surged from lows of $0.331 to a high of $0.44, marking an incredible 30% increase on January 1st alone. The rally was not a one-time occurrence; bulls continued to push the price upward, driving XLM to a near three-week high by January 4th. At that point, the price hit $0.441, reflecting a robust and sustained growth trajectory.
As of now, Stellar’s market cap has reached an impressive $13.65 billion, securing its position as the 16th largest cryptocurrency. With this upward momentum, XLM is quickly closing in on Shiba Inu, which is currently valued at $14.22 billion.
Shiba Inu: Still Leading but Facing Strong Competition
Despite Stellar’s surge, Shiba Inu remains ahead, holding the 15th spot with a market capitalization of $14.22 billion. However, SHIB has not been sitting idle. It too has benefited from the positive market sentiment surrounding cryptocurrencies in the early days of 2025. The Shiba Inu token rose over 15% in the past week, peaking at $0.00002492 on January 4th, before pulling back slightly.
Additionally, Shiba Inu’s ecosystem is thriving, particularly with the success of its layer-2 platform, Shibarium. The platform recently crossed a significant milestone by surpassing two million wallet addresses, adding to the excitement surrounding the SHIB community.
What’s Next for Stellar and Shiba Inu?
While Shiba Inu holds the edge in market value for now, Stellar’s impressive growth shows no signs of slowing down. Both projects are benefiting from the bullish sentiment in the crypto space, but as XLM continues to gain ground, it will be interesting to see if it can surpass SHIB in the near future.
For now, the crypto world is keeping a close eye on these two assets, watching as they battle it out for a top spot in the rankings. Whether you are a Shiba Inu loyalist or a Stellar enthusiast, the market dynamics will certainly make for an exciting year ahead.
