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Cardano Founder Applauds Stellar and Hedera as XLM and HBAR Lead Altcoin Rally

Stellar (XLM) and Hedera (HBAR) have emerged as top performers among major cryptocurrencies this week, and their impressive gains have caught the attention of Cardano’s founder, Charles Hoskinson. True to his...

Cardano Founder Applauds Stellar and Hedera as XLM and HBAR Lead Altcoin Rally

Stellar (XLM) and Hedera (HBAR) have emerged as top performers among major cryptocurrencies this week, and their impressive gains have caught the attention of Cardano’s founder, Charles Hoskinson. True to his belief in collaboration over rivalry, Hoskinson congratulated both communities for their resilience and growth, reinforcing his push for a more unified crypto industry.

Congrats to Stellar and Hbar, they have weathered the storms of the past few years and are growing well.

— Charles Hoskinson (@IOHK_Charles) July 14, 2025

Stellar and Hedera Steal the Show

Fueled by Bitcoin’s rally to fresh all-time highs, altcoins are seeing renewed momentum. While assets like XRP and SUI posted solid gains, Stellar and Hedera have stolen the spotlight. Over the last 24 hours, XLM rose by 11% while HBAR surged by 17%.

Source: XLM 4H Chart

The seven-day charts tell an even more compelling story. Stellar climbed an eye-popping 93%, moving from $0.25 last week to a high of $0.51 before retracing slightly to around $0.48. Hedera followed closely, rallying 55% in the same period. HBAR started at $0.16, closed the week at $0.24, and briefly touched $0.25 before settling at its current level.

Source: HBAR 4H Chart

Interestingly, despite their parallel moves, Stellar and Hedera do not share any direct connection. Still, they both offer innovative use cases for digital transactions and continue to attract user and developer interest.

Related article: Cardano’s Ultra Bullish Breakout: Analyst Targets $1.83 as Next Easy Price Level

Hoskinson Calls for Cross-Chain Unity

Charles Hoskinson’s public congratulations quickly sparked positive reactions across the crypto space. He praised the Stellar and Hedera teams for “weathering the storms” over the years and staying committed to building, regardless of market cycles or industry setbacks.

Beyond his supportive words, Hoskinson emphasised his long-standing mission to eliminate the tribal mindset that often pits projects against each other. He has repeatedly urged the cryptocurrency industry to adopt a collaborative approach instead of a competitive one, calling the zero-sum mindset outdated and counterproductive.

Building Bridges with Other Chains

Hoskinson is actively living out this principle by connecting with other blockchain leaders. Last November, he met Jed McCaleb, creator of Stellar and co-founder of Ripple, fueling speculation that a cross-chain partnership could be in the works. He has also held discussions with Ripple CEO Brad Garlinghouse about unlocking DeFi opportunities on the XRP Ledger and bringing the RLUSD stablecoin to Cardano’s ecosystem.

His push for cross-chain synergy has not gone unnoticed. Prominent crypto attorney John Deaton recently praised Hoskinson for his solo efforts to bridge gaps between communities that have often clashed. Notably, Hoskinson’s outreach also included a meeting with the Flare Network team, signalling his broader commitment to ending tribalism in crypto.

Stellar and Hedera Show the Power of Resilience

This past week’s rally has not only delivered impressive returns for XLM and HBAR holders but also underscored the value of staying focused on long-term growth. Both projects have demonstrated how consistent development and real-world use cases can pay off when market conditions align.

For Hoskinson, Stellar and Hedera’s recent momentum serves as proof that the crypto industry can thrive when projects choose collaboration over conflict. As altcoins continue to gain traction, Hoskinson’s vision of an interconnected blockchain ecosystem could be exactly what the space needs to sustain long-term adoption.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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