Stellar spikes 10% on Japanese crypto exchange listing

Following a gradual uptrend since late September, Stellar (XLM) has once against burst to life, after climbing from $0.065 to over $0.071 in under 2 hours. Since then, Stellar has cooled off slightly and sits at a current value of $0.07, a 10% growth in the last day.

This follows the news that Stellar was listed on Japanese crypto exchange Coincheck, known infamously for suffering one of the largest exchange hacks in crypto history.

Stellar's recent price move has also seen it gain ground on Bitcoin (BTC). When measured in Bitcoin value, its price has climbed from around 0.000007 BTC/XLM up to 0.0000077 BTC/XLM, in the last 24 hours.

Stellar has now reclaimed its position as the tenth-largest cryptocurrency by market capitalization, knocking Tron (TRX) back to the #11 position.

Scaling further back, we find that Stellar has been on an uptrend since late September, having gained 20% in the last month.