Stellar Development Foundation Changes Strategy In A Bid To Make The Stellar Lumens XLM Coin More Popular And Boost Price

Stellar News Today- Despite the slow movement of XLM since the beginning of July, Stellar is not leaving any stone unturned in its attempt to make the coin popular. The firm is taking every possible step to ensure the mass adoption of XLM. Besides, expectations are high that the coin will perform better in the following weeks. Stellar, a decentralized payment technology, provides a bridge between users and financial institutions. Its coin XLM facilitates the transactions on this platform. The Stellar project is determined to provide financial services to the unbanked and also popularize its native cryptocurrency.

The recent listing by StellarX can also encourage the adoption of open banking features to the platform. The new listing of 1:1 fiat, offered by token.io is backed by XLM tokens.

Stellar Lumens News Today – XLM Price Analysis – XLM is Likely to Experience a Surge

Compared to other top cryptocurrencies, XLM is still in the infancy stage. Consequently, it has not gained much traction like its competitors. Stellar is working hard to provide solutions to global transactions across the border in countries where the traditional banking system is underdeveloped. By targeting the unbanked in Africa and the Far East, Stellar will achieve mass adoption in these regions and become popular.

The dip in the price of XLM is temporary. Expectations are high that the price will increase to above $0.10 and trade at that level for a long period. The coin is expected to experience a surge. Considering the current market trend of Stellar now is the right opportunity for a long-term investment in XLM.

Stellar Price Analysis – Stellar Lumens News Today – XLM Latest Update – Current Market Price of XLM

In the past one month, the price of XLM has plunged from $0.12100 to its current value. At 05:35:06 on July 11, 2019, the coin traded at $0.0888. Almost throughout June, XLM surged from $0.12100 to $0.133874. In the last week of the month of June, it made a drastic dip to $0.1039. Unfortunately, the coin hasn’t recovered till date.

Stellar (XLM) Price Today – XLM / USD

NamePrice
bitcoin
Bitcoin
$8,165.652.22%
stellar
Stellar
$0.0630.191%

Yesterday, Stellar hit a high at $0.1024. However, it recorded a low note of $0.095057 at the close of the day. Currently, the cryptocurrency has declined further from yesterday’s lowest value which was recorded at $0.093. There is a possibility that the price of the coin may rise again by the close of the day. According to TradingView, the current, the current status of XLM is as follows:

  • The current price of the coin is recorded at $0.0888 and 0.00000778 BTC
  • The Market Capitalization of XLM has reached $1,719,191,899
  • The 24-hour volume is currently at $402,823,093
  • The ROI of XLM is at 2,881.41%
  • The circulating supply of the coin has reached 19,425,871,142 XLM

XLM Price Prediction – Stellar Lumens News Today – The Future of Stellar Lumens XLM

Despite the lack of media exposure, XLM has partnered with large corporations including IBM. With these high-profile partnerships, the coin will easily attract traders and investors in the crypto market. Stellar is working hard to enter into partnerships with more large companies as such collaborations will help encourage mass adoption of XLM coin. Besides, they will help make the coin popular and increase its value.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.