#Stellar (XLM) has increased by more than 12% this morning, to $0.161942, reflecting a phenomenal 72% gain in the previous 30 days.

#XLM is also up 123% since the start of the year, with the cryptocurrency being the greatest benefactor - apart from XRP - of Ripple's partial triumph against the SEC a few weeks ago.

It's also worth noting that XLM's support level (green) continues to rise steadily, indicating that the currency won't go back to where it was before the Ripple-SEC verdict earlier this month.

Not only has this verdict delivered much-needed hope to XLM and the larger market, but it has also paved the way for future development and expansion in Stellar's case, considering that Stellar, like Ripple, is primarily focused on cross-border payments.

Moreover, with Stellar seeing tremendous acceptance and growth in recent months, there's a genuine possibility that XLM may increase more fiercely than XRP in the near future, even though the distance may be too large for it to overtake the larger cryptocurrency.

XLM's chart is perhaps the strongest of any top-50 cryptocurrency right now, with its signs pointing to more rises in the coming days.

Its 30-day moving average (yellow) has stopped declining and seems to be on the verge of rising again, while its relative strength index (purple) is approaching 70.

This indicates extremely strong purchasing momentum, and considering that the RSI hasn't yet reached 70, there's a considerable probability that XLM may advance further over the weekend.

Moreover, Stellar has been rapidly rising in recent months, helping to enhance XLM's standing even further.

According to a recent research, the Stellar blockchain is the top network in terms of off-ramp sites for converting cryptocurrency to money.

Stellar has also seen increased adoption as the underlying blockchain layer for several stablecoins, demonstrating its reputation as a scalable and cost-effective network.

All of this speaks to further Stellar acceptance in the near and far future, but although XLM may move up the market cap leaderboard, it is doubtful that it will surpass XRP very soon.

#XRP is now the fourth-largest cryptocurrency in terms of market capitalization (XLM is the twenty-first), and with Ripple's partial victory against the SEC, it's likely to see even more adoption, with Ripple recently announcing a partnership with the Republic of Palau to trial an XRPL-based stablecoin.

XLM is expected to continue expanding, with the cryptocurrency hitting $0.17 again in the next weeks and perhaps reaching $0.20 by the start of next year.