Investors worry about Stellar’s lack of growth potential as its market cap continues to fall. On the other hand, 1Fuel’s presale is filling up faster than justified, which is a sign of high demand and a positive investor mood. Its fresh approach to blockchain technology is driving this momentum, offering opportunities where others are falling short.

Let’s look at what’s propelling 1Fuel up while the likes of Stellar fumble.

Stellar (XLM): A Declining Market Presence

While Stellar has been sold as a solution for lightning-fast and cost-effective cross-border payments, its market performance is painting a different picture. Currently, XLM is trading at around $0.34, which is approx. 1.5% less than the previous close. The high and low of the day’s trading range were at $0.3486 and $0.3235, respectively. This isn’t a periodic downturn; Stellar’smarket cap has fallen steadily, which is indicative of a larger issue with whether it can remain viable in the long term.

The problem with Stellar is twofold. First off, it is competing against newer blockchain networks with similar features but on an even more advanced level when it comes to scalability. Secondly, its own blockchain solution has been unable to scale to adapt to changing DeFi trends, leaving it behind in the crypto space. Currently, XLM investors are getting anxious as its Relative Strength Index (RSI) is approaching oversold territory at 39.9, and its price is sinking below the support levels. Analysts warn that if Stellar’s price cannot maintain stability above $0.351, further declines may be coming.

Stellar has made a name for itself in crypto, but recognition alone isn’t good enough. XLM is less appealing than rising projects like 1Fuel due to a lack of innovation, and investors are looking for high-demand DeFi assets to make investments.

1Fuel (OFT): A New Leader in Scalability and DeFi Growth

At first glance, Stellar has its work cut out fo

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Author: Crypto Daily

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