Ethereum (ETH), Stellar (XLM), and NEO Seeing Green – Why?

It’s a good day for the crypto markets. In fact, all of the top ten coins by market capitalization listed on CoinMarketCap are seeing green. Coins on this list include Ethereum (ETH), Stellar (XLM), and NEO. Bitcoin (BTC), of course, is on this list, currently up 3.03% in the past twenty-four hours. However, that’s not the coin we’re going to focus on today.

Today, we are going to look at Ethereum (ETH), Stellar (XLM), and NEO. 

Ethereum (ETH) 

Ethereum (ETH) is currently selling for $586.15. This puts the ETH coin up 7.07% in the past twenty-four hours. Ethereum (ETH) is ranked as the 2nd largest virtual currency, with a market capitalization of $57,992,546,630. 

Source: CoinMarketCap

Ethereum (ETH) is clearly approaching $600, so it will be interesting to see if the coin will reach that price level, or if it will fall before it gets a chance.

So what caused Ethereum (ETH) to jump? Well, interestingly, there has not been any news announced today that would explain Ethereum (ETH) being up more than 7% in the past twenty-four hours. It’s either that April 20th is just a good day for cryptocurrencies – and that appears to be so – or it’s because the marketplace has become increasingly more interested in Ethereum after the platform announced its involvement with NASA. 

Reportedly, NASA is looking at using Ethereum blockchain to conduct a deep-space exploration project. Since the project was unveiled, the public has become intrigued in finding out more details about it. 

Stellar (XLM)

Stellar (XLM) is currently selling for $0.367357. This puts the XLM coin up 2.03% in the past twenty-four hours. Stellar is ranked as the 7th largest cryptocurrency, with a market cap of $6,821,536,530. 

Ethereum (ETH)

Source: CoinMarketCap

It has been a pretty significant week for Stellar. The platform made a number of moves in the past 7 days which impacted its growth. One of the moves, for instance, was the announcement that the Stellar network partnered with the Novatti group. This is most likely the reason why the coin is up in the past twenty-four hours. As a global software technology provider, Novatti group partnering with Stellar Network for the integration of blockchain payments is bound to have innovative results. 

Stellar showed its excitement for this partnership on Twitter. 

Ethereum (ETH)


NEO is currently selling for $75.24, which puts the coin up 2.74% in the past twenty-four hours. 

Ethereum (ETH)

Source: CoinMarketCap

This is a coin I have been looking at over the course of the week. Primarily because NEO just kicked off its European tour, which means exciting announcements are likely on the way. NEO already announced one announcement in Amsterdam, at the first stop of the tour. 

NEO is in Madrid today so stay alert for possible announcements from the Spanish leg of its tour. In other news this week, NEO’s first decentralized exchange project – ‘Switcheo’, has officially gone live.  

The Ethereum (ETH), Stellar (XLM), and NEO Takeaway

Were you surprised by any of these coins today? I wasn’t. Out of these three, however, I hope to see Ethereum (ETH) climb further so it can move past the $600 mark.

Featured Image: twitter