XLM and Trump's Crypto Bill: A Boost for the Cryptocurrency Market
XLM's Potential for a Bullish Rally
XLM, the native cryptocurrency of the Stellar network, has been making headlines recently for its promising potential for a bullish rally. The coin has been steadily climbing in value, with a 35% increase in the past week alone. This surge can be attributed to bullish patterns and the recent surge of its competitor, XRP. As XRP continues to gain momentum, investors are seeing the potential for XLM to follow suit.
Trump's Cryptocurrency Nod
In addition to the bullish patterns and XRP's surge, another major event has caught the attention of the crypto community - US President Donald Trump's signing of a landmark crypto bill. The bill, known as the Cryptocurrency Act of 2020, aims to provide a clear regulatory framework for digital assets. This move has been seen as a positive sign for the cryptocurrency industry, as it brings a level of legitimacy and stability to the market.
The Impact on the Crypto Market
The combination of XLM's potential for a bullish rally and Trump's nod towards the crypto market has caused excitement and optimism among investors. This boost in confidence has led to a surge in trading volume for XLM, as well as other top cryptocurrencies. The market is buzzing with anticipation as traders keep a close eye on the developments of XLM and the overall impact of the new crypto bill. With
About the People Mentioned
Donald Trump
Donald John Trump, born June 14, 1946, in Queens, New York, is an American businessman, media personality, and politician. He graduated from the University of Pennsylvania’s Wharton School in 1968 with a degree in economics. In 1971, he took over his family’s real estate business, renaming it the Trump Organization, through which he expanded into building and managing skyscrapers, hotels, casinos, and golf courses. Trump gained widespread fame as the host of the reality TV show *The Apprentice* from 2004 to 2015, which helped establish his public persona as a successful entrepreneur. Trump entered politics as a Republican and was elected the 45th president of the United States, serving from 2017 to 2021. His presidency was marked by significant policy actions including tax cuts, deregulation, the appointment of three Supreme Court justices, renegotiation of trade agreements (notably replacing NAFTA with the USMCA), and a focus on immigration control including border wall expansion. He withdrew the U.S. from international agreements such as the Paris Climate Accord and the Iran nuclear deal, and engaged in a trade war with China. His administration’s response to the COVID-19 pandemic was criticized for downplaying the virus’s severity. Trump was impeached twice by the House of Representatives—first in 2019 for abuse of power and obstruction, and again in 2021 for incitement of insurrection—but was acquitted by the Senate both times. After losing the 2020 election to Joe Biden, Trump challenged the results, culminating in the January 6, 2021, Capitol riot. He remains a central figure in American politics, having won the 2024 presidential election and returned as the 47th president in 2025, continuing to promote policies aimed at economic growth, border security, and military strength[1][2][3][4].
About the Organizations Mentioned
Stellar
**Stellar: A Decentralized Financial Platform** Stellar is a decentralized, open-source blockchain platform designed to facilitate fast, secure, and low-cost cross-border financial transactions. Founded in 2014 by Jed McCaleb and Joyce Kim, Stellar aims to promote global financial inclusion by enabling individuals and organizations to move money across borders quickly and affordably[1][2]. **History and Mission** The Stellar Development Foundation (SDF), a nonprofit organization, supports the platform's development and growth. The foundation's mission is to create equitable access to the global financial system through blockchain technology, helping communities worldwide gain better financial access[4][6]. **Key Features and Achievements** - **Speed and Cost:** Stellar's transactions are processed in seconds, making it faster than many traditional financial systems. It also offers low transaction costs, making it more accessible to a broader audience[1][3]. - **Consensus Protocol:** Stellar uses the Federated Byzantine Agreement (FBA) consensus algorithm, which allows for quick validation of transactions without requiring the entire network to approve them[3]. - **Smart Contracts:** Stellar's smart contract platform, Soroban, allows developers to create decentralized applications (dApps) that can execute complex transactions automatically[2]. - **Asset Issuance:** Users can issue their own digital assets on the Stellar network, enhancing its utility for financial services[2]. **Current Status and Notable Aspects** Stellar is recognized for its ability to connect different financial systems and currencies seamlessly, making it a popular choice for cross-border transactions[4][5]. The platform's cryptocurrency, Lumens (XLM), acts as a bridge for currency conversions, enabling real-time transactions[1]. Stellar's focus on financial inclusion and its innovative consensus protocol set it apart from other blockchain platforms, offering a promising solution for global financial access challenges.
XRP
XRP is a digital asset created in 2012 to enable fast, secure, and affordable payments on the XRP Ledger (XRPL), a decentralized, public blockchain designed specifically for global financial transactions. Developed by engineers David Schwartz, Jed McCaleb, and Arthur Britto, XRP was conceived as a more scalable and energy-efficient alternative to Bitcoin, leveraging a unique consensus protocol that does not require mining. This consensus mechanism allows XRP to settle transactions within 3-5 seconds with very low fees, making it especially suitable for cross-border payments and acting as a bridge currency between different fiat currencies[1][2][3][7]. The XRP Ledger is open source and supports various token types beyond XRP, such as frequent flyer miles or mobile minutes. Only 100 billion XRP tokens exist, with about 59 billion currently in circulation. Ripple Labs, the company behind XRP, controls a significant portion of the supply, placing tokens in escrow to manage market stability. Ripple Labs aims not to replace traditional banking but to provide an efficient blockchain-based infrastructure that financial institutions can adopt gradually[3][5][6]. XRP and Ripple Labs have experienced notable milestones, including a 2018 charitable donation by Ashton Kutcher worth $4 million in XRP and a 2023 U.S. court ruling declaring XRP itself is not a security, although some sales practices might be[2]. In 2025, XRP was named by former President Donald Trump as part of a planned U.S. crypto strategic reserve, reflecting its growing institutional recognition[2]. Despite its successes, XRP faces criticism regarding centralization since Ripple controls over half of the supply and influences validator trust decisions, contrasting with more decentralized cryptocurrencies[5]. The XRPL Foundation, an independent nonprofit established in 2020, now supports the ledger's decentralized development and global adoption, signaling ongoing efforts to balance innovation with community governance[3]. Overall, XRP represents a significant advance in blockchain technology focuse
