Token founded by Ripple co-founder gains 90% in a week

Token founded by Ripple co-founder gains 90% in a week originally appeared on TheStreet.

As Bitcoin hit a record high of $119,292.62 on July 13, it also provided a tailwind for altcoins to rally.

While other altcoins posted impressive gains, one token that usually remains under the radar took everyone by surprise — one shot ahead by a mile.

Over the last seven days, Bitcoin has surged by 9%, Ethereum 17%, XRP 24%, Solana 7%, Dogecoin 17%, and ADA 26%.

However, this less-discussed altcoin has posted a weekly gain of 90%.

We are talking about Stellar Lumens (XLM) that reached as high as $0.481 on July 13, its highest point since mid-January.

Join the discussion with Benjamin Cowen on Roundtable here.

Launched by Ripple co-founder Jed McCaleb in 2014, Stellar Lumens doesn't seem to create as much noise as XRP or other altcoins within the crypto community.

However, its recent rally has sent the crypto community into a state of euphoria.

Popular crypto handle on X, @LLuciano_BTC, highlighted how XLM is outperforming many of its competitors.

With a market cap of $14.4 billion, XLM is the twelfth-largest cryptocurrency. Its trading volume within the last 24 hours is $2.4 billion.

Monster altcoin season

BitMEX co-founder Arthur Hayes, a prominent voice in the crypto circles, asked the community to "get ready for a monster alt szn," given BTC has hit a record high and ETH is also following in its footsteps.

To gauge whether an alt season is underway, a key metric to analyze is Bitcoin dominance. It refers to BTC’s share of the total crypto market cap.

When Bitcoin dominance dips, it means altcoins are gaining more market cap, pointing toward an alt season.

As per TradingView, Bitcoin dominance stood at 64.40% at the time of writing. The metric doesn't indicate any sign of an upcoming alt season, even if altcoins such as XLM are going through the roof.

Disclaimer: The content above is intended for informational purposes only and should not be taken as financial advice. Do your own research before investing.

Token founded by Ripple co-founder gains 90% in a week first appeared on TheStreet on Jul 12, 2025

This story was originally reported by TheStreet on Jul 12, 2025, where it first appeared.