Stellar Lumens (XLM) has experienced a significant price increase, reaching its highest level in over a week, while other cryptocurrencies have seen declines. The rally is attributed to the company's continued utility, including a recent partnership with Fonbnk to provide digital banking solutions in Africa using Stellar's technology. Stellar's close relationship with Ripple (XRP) is also contributing to its recovery, as Ripple forms a bullish pennant pattern. The upcoming inauguration of President-elect Donald Trump is expected to benefit both Stellar and Ripple, as there is hope for more favorable cryptocurrency regulations under the new administration. Stellar's blockchain is also growing, with over 1.16 million smart contract invocations in a recent period. The XLM price rebounded after forming key bullish patterns, including doji candlestick patterns and a falling wedge chart pattern, suggesting the potential for further price gains. The price may jump to last year's high of $0.6400, representing a 63% increase from the current level.



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