Stellar (XLM) & NEO – The cryptocurrency market is ending the work week in the red and sitting just below the $330 billion mark. May turned out to be extremely bearish for the market, but hopefully, in June it will turn around.

Let’s take a look at two aLTCoins that have been flying under the mainstream rADAr lately.

Stellar (XLM) Update

Stellar has been flying under the rADAr lately, as the non-profit project has yet to announce any major partnerships in quite some time. Both Ripple (available on Binance) and Stellar’s value come from its utility and it seems the big brother (Ripple (available on Binance)) is certainly winning in this department.

Stellar’s co-founder and CTO, Jed McCaleb, was previously the founder and former CTO of Ripple (available on Binance). Ripple (available on Binance) is geared more towards institutions, whereas Stellar’s tech is aimed to be used by anyone.

The latest movement from the Stellar comes by way of a cryptocurrency exchange pairing. Binance announced yesterday that it would be pairing XLM with TETHer (USDT) on its platform.

#Binance Adds XRP/BNB, TUSD/USDT, XLM/USDT and IOTA/USDT Trading Pairshttps://t.co/XhhO0TpZ1P pic.twitter.com/Rph2nytsXB
— Binance (@Binance) May 31, 2018

There seems to be no indication of a new partnership on the horizon, but the aLTCoin remains the 8th largest by its market cap still. Stellar investors remain confident. At press time, XLM is trading at $0.289 a coin, down -3.44%, in 24 hours.