Over the weekend, Stellar (STR) had climbed back to above 1000 satoshi ($0.004), near all-time highs, for the first time since immediately after launch.
It has since retraced back to 950 satoshi. After stabilizing in the low 400’s, STR has rallied by over 150%, bringing it to 13th in market cap rank. Its total valuation is now $4.9 million.
Understanding the 'Long' and 'Short' Types of Trades in ForexGo to article >>
Stellar has remained fairly immune to the recent slump ongoing in the crypto markets. Similar behavior is observed with Ripple, Nxt and other protocols for decentralized exchange.
Along with Peercoin, it is one of the few cryptocurrencies to be hovering near mid-term highs these days.
Volume has been above average, with over $200,000 worth traded in the past 24h.