- XLM trades near $0.36 with weaker momentum as daily trading volume drops over 41%.
- AVAX climbs above $23, holding gains with strong market cap support despite a 51% volume decline.
- HIVE edges higher at $0.20, benefiting from a fixed supply but facing weaker liquidity.
The altcoin market displayed mixed performance as Stellar, Avalanche , and Hive moved in different directions. Prices reflected volatility, while trading volumes highlighted weaker participation. Each token showed unique developments that defined their short-term positions in the broader market.
Stellar Consolidates with Lower Liquidity
Stellar traded at $0.3574, reflecting a daily decline of 0.17%, and signaling weaker short-term momentum. Its market cap reached $11.21B, while its fully diluted valuation stood near $17.96B. However, reduced liquidity weighed on performance as daily trading volume fell by over 41% to $248.3M.
The circulating supply stood at 31.37B XLM, against a total and maximum supply fixed at 50B. This represented a circulating share of about 62%, which ensured strong supply presence in active markets. Price activity fluctuated, with market cap moving between $11.05B and $11.35B throughout the day.
In general, XLM was trapped in a range of consolidation and decreasing volume. The action in the market implied declining momentum, and intraday volatility continued. Stellar showed a poor traction due to the constrained liquidity that curtailed more intense movements.
Avalanche Holds Ground Amid Swings
Avalanche was trading at 23.73 with a 1.25 percent growth throughout the day, which is an indicator of strength in the face of the volatile market. Its market value was at 10.02B, and this represents a stable growth. However, the volume slackened drastically when 24 hour trading dropped to less than 51 percent at $403.2M.
The circulating supply reached 422.27M AVAX, near its total supply of 457.27M AVAX. The token’s maximum supply is capped at 715.74M, giving it a strong circulating ratio. Intraday swings moved the market cap between $9.75B and $10.1B, reflecting volatile yet supported trading.
Despite weaker activity, AVAX maintained upward movement with rebounds after each dip. Buying demand supported consolidation at higher price levels. Avalanche continued to demonstrate steady positioning despite declining liquidity conditions.
Hive Posts Modest Gains Despite Drop in Volume
Hive ended the session at $0.2016, marking a daily increase of 1.34%, which lifted its market cap to $98.1M. Growth remained modest as short-term participation weakened. The 24-hour trading volume declined by more than 61% to $1.22M.
The circulating and total supply stood fixed at 486.46M HIVE. The capped supply eliminated inflation risk and supported valuation stability. Market cap movement fluctuated between $96.5M and $99M during the day, indicating intraday volatility with stable recovery.
Hive closed stronger despite weaker volume, maintaining modest upward pressure. The fixed supply structure added stability, but reduced activity limited short-term gains. Hive’s performance confirmed resilience but showed muted participation in broader markets.
