Stellar Foundation Is Working In Countries across the Globe to Boost the Ecosystem of Stellar (XLM)

Last month was one of the best months the digital currency market has seen so far this year. While the major crypto bull run for this year started on the 1st of April, the month of June saw almost all coins in the market test new year-to-date highs. The price of Bitcoin (BTC) – the most dominant digital currency in the world – surged significantly and tested a high of almost $14k. Other digital currencies such as Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Litecoin (LTC), and Stellar Lumens also tested year-to-date highs.

The recent bull run last month also saw the price of Stellar Lumens surge to a high of $0.1306. The price of Ethereum (ETH) broke over the $300 mark and traded over the $300 mark. Another digital currency that greatly benefited from the bull run is Litecoin (LTC). The price of surged enormously and it traded close to the $150 mark with ease. However, over the past week, the digital currency market has been somewhat stagnant. The prices of digital currencies have been in a tight range, with Bitcoin (BTC) struggling to break over the $12k level. While the price of Stellar Lumens has plunged significantly from its year-to-date high, the team behind the project has been working to boost the adoption, use, as well as the ecosystem of blockchain.

Stellar Lumens Goes Global to Boos the Ecosystem of Stellar – Cryptocurrency News Today – Stellar Lumens News Today

The team behind the Stellar Lumens project has been working very hard to make sure the digital currency project remains relevant in the crypto space. While the firm has achieved a considerable level of success over the past years, they are still working to achieve more milestones. Recently, Lisa Nestor – the head of partnerships at the Stellar Development Foundation – said that the blockchain project is working in countries across the globe to boost the ecosystem of Stellar Lumens (XLM).

In a recent interview, Lisa Nestor said that most of the successful efforts of the Foundation so far are in Africa and South America. During the interview, she said:

“In Nigeria, Mexico, and Brazil, there are a lot of firms that have the capacity to provide really good, local currency deposit and withdrawal services into the ecosystem of Stellar. Though these firms might not be as big of a brand name as IBM, they are really important and they are playing a major role in getting the network to where it needs to be. That means a lot of methodical, slow, one-by-one discussions, but I think it is critical.”

Stellar Lumens Price Analysis – Stellar Lumens Price Prediction – XLM USD Live Price – Cryptocurrency News Today – Cryptocurrency Market Update

Stellar Lumens (XLM) is currently trading in the green after a recent plunge of more than 6 percent. Stellar Lumens is one of the biggest rivalries of XRP (XRP). The digital currency has seen a great level of adoption since its emergence. Stellar Lumens has great potentials and it has a promising future. At the press time, XLM USD price has found support at the $0.1000 mark. On the upside, the resistance of the coin is at the $0.1100 level.

Stellar (XLM) Price Today – XLM / US

Name Price24H (%)
Bitcoin (BTC)
$10,796.00
2.29%
Stellar (XLM)
$0.094363
2.95%

At the time of writing, the price of Stellar Lumens (XLM) is $0.1021 after an increase of about two percent over the past twenty-four hours. The current market cap of the digital currency is $1.98 billion with a trading volume of $321 million over the past day.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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