Stellar (XLM) has seen a 10% increase in the last 24 hours, following a surge in XRP due to the U.S. Securities and Exchange Commission (SEC) acknowledging filings from Grayscale to list spot XRP and Dogecoin exchange-traded funds (ETFs). The SEC's acknowledgement implies that the regulator will soon review and decide on the applications within a 240-day timeframe. XRP saw a 13% surge in response to the news, leading to a positive sentiment spilling over to Stellar. The XLM price is currently consolidating within its daily moving averages and a move above or below could determine its next move.
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