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Crypto

Stellar fees drop despite weekly busiest day, upgrade effect in focus

Stellar (XLM) cut its average transaction fee to a seven-day low on a day when network usage was at its highest for the week. It recorded an average fee of $0.00012 on Oct. 11, while processing about 12 million transactions at an average 139.15 transactions per second. The shift comes after the Stellar Protocol 28 “Adapter” upgrade, including CAP-83, designed to speed consensus. Other ecosystem indicators, including real-world assets, have also grown.

Crypto

Near jumps 140 percent in a month to enter top 20 by crypto market cap

Near Protocol’s token NEAR has risen 138 percent over the past 30 days, pushing it into the top 20 cryptocurrencies by market value. Cointelegraph reported that cumulative trading volume for Near Intent exceeded $31 billion, with the ranking boosted by the launch of the first U.S. spot exchange-traded product tied to NEAR. Near traded around $5.51, with a market value of about $7.2 billion and 24-hour volume of about $1.2 billion.

Crypto

Peter Brandt picks Stellar\'s XLM as long-term crypto to watch for years

Veteran commodities trader Peter Brandt named Stellar Lumens (XLM) as a cryptocurrency worth watching over the coming years. He wrote on X that if investors are making a long-term bet measured in years rather than days, XLM is a good pick. The market reacted quickly, with XLM trading around $0.2233, up 6.9 percent over 24 hours. The move came alongside recent Stellar integration and stablecoin expansion updates.