tl;dr
Stellar (XLM) has surpassed Bitcoin Cash (BCH) in market capitalization, becoming the 16th largest cryptocurrency with a market value of $8.4 billion, while BCH is 17th at $8.25 billion. Nasdaq reconstituted its Crypto U.S. Settlement Price Index to include Stellar, Solana, Cardano, and XRP alongsid...
Stellar (XLM) has overtaken Bitcoin Cash (BCH) in market capitalization, ascending to become the 16th largest cryptocurrency with a market value of $8.4 billion. Bitcoin Cash now holds the 17th position at $8.25 billion. This milestone reflects Stellar’s growing influence in the crypto landscape.
Nasdaq has updated its Crypto U.S. Settlement Price Index to include Stellar alongside Solana, Cardano, and XRP, joining Bitcoin and Ethereum. This reshuffling broadens the scope of the benchmark index for the Hashdex Nasdaq Crypto Index U.S. ETF, signaling a wider institutional recognition of these digital assets.
Stellar’s real-world impact is notable—its blockchain supports cross-border payments in over 70 countries and underpins $17 billion in tokenized financial assets. The network has established itself as a major player in the on-chain real-world assets (RWA) space, serving as a backbone for tokenized financial products.
Further advancements are underway with Stellar’s Soroban smart contract platform, which is continuously improving in terms of performance and scalability. Enhancements such as concurrency, aggressive caching, and ahead-of-time compilation aim to boost the network’s efficiency and smart contract capabilities.
While Bitcoin Cash remains comfortably within the top 20 cryptocurrencies, it now faces increased competition from Stellar’s rising market presence. Market watchers will be closely monitoring both assets to see if BCH can leverage buying momentum to regain ground or if Stellar will continue its upward trajectory.