XLM surged past the $0.3020 resistance on strong institutional volume, outperforming the crypto market as analysts eye a possible seven-year triangle breakout targeting $1.52.
The token’s 4.62% rally and strong volume confirmed growing institutional interest, though a sharp end-of-session reversal highlighted emerging resistance and short-term volatility.
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company’s ambitions to scale to $18.6 billion in annual revenue across its Texas and Canadian sites.
The U.K.'s central bank said on Monday it is proposing "temporary" limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.
The market's gains were fueled by President Donald Trump's announcement of a potential tariff dividend as well as movement towards reopening of the government.