Crypto is back in the green – and cross-border payment tokens are leading the way.

XRP and Stellar are both up after a slow start to the week.

Meanwhile, the new meme coin staking project Crypto All-Stars continues to make headlines in its ICO.

And rumor has it that crypto whales are scooping up STARS tokens before the official launch in December.

XRP Breaks Out – Is This the Start of a New Uptrend?

XRP is rising again after a few days in the red.

The token has shot up to $1.46, a 14% gain since Tuesday’s low, and has added another 4% in the past day alone.

No one is quite sure what kicked things off, but traders are feeling good about XRP now.

Plus, the 4-hour chart shows a classic bull flag pattern, which usually means the price will keep climbing.

Traders are definitely upbeat about the future – evidenced by open interest ticking up to $1.6 billion.

And many people think the recent surge is related to Ripple’s ongoing legal battles.

With Gary Gensler set to leave the SEC, there’s a chance things might finally start to go Ripple’s way.

After all the regulatory headaches Ripple has had in the past few years, investors are hoping for some closure.

And that optimism is boosting XRP’s price.

Stellar Also Rallies as Expert Predicts XLM Will Hit New All-Time High

XLM, the token behind Stellar, is also on the move.

It’s mirroring XRP’s bullishness and is now trading around $0.476 after an 8% jump from yesterday’s low.

All in all, XLM is up 14% in the past three days.

It seems like anything related to blockchain payments is hot right now.

However, even though XLM’s price is going up, spot trading volumes have actually dropped by 43% in the last 24 hours.

That’s got many traders scratching their heads.

Despite that, some big names, like Crypto Tony, are still bullish on Stellar.

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Author: Felix Mollen

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