📈 Market Highlights
Bitcoin remains strong at around $117.5K, with a narrow intraday range ( $117,041–$118,171), showing slight downward consolidation after a recent record high near $119K .
Ethereum is stabilizing near $2.94K, rebounding from a peak above $3K earlier today .
Solana (SOL) sits around $160.5, down ~3.9 %, after reaching near $167 amid growing ETF interest .
📰 Noteworthy Crypto News
🚀 Stellar (XLM) surges
XLM is up ~6% today, topping the 20 largest cryptocurrencies. The rally is fueled by PayPal's announcement to launch its PYUSD stablecoin on the Stellar blockchain .
Institutional flows heating up
A spot Ethereum ETF has attracted over $900 million in inflows this week, with Bitcoin ETF inflows setting multi-billion-dollar weekly records .
Reckoning in liquidations
Over the past 24 hours, around $371 million in crypto positions were liquidated—primarily on Bitcoin and Ethereum trades .
Altcoin action
Solana saw a surge to $167 earlier on rising ETF and trading interest .
XLM soared again, climbing ~70% week‑to‑date and recently hitting the $0.40 level amid upgrade rumors .
🔎 What it means
Market optimism remains strong: Bitcoin and Ethereum continue gaining traction with renewed institutional interest and ETF inflows.
However, rapid liquidations suggest volatility spikes—keep risk management at the forefront.
XLM’s gains and Solana’s ETF buzz underscore deepening focus on altcoins, especially those backed by institutional products or major platforms like PayPal.