The estimated reading time for this post is 41 seconds

Stellar (XLM) is a payments protocol that aims to connect banks, payments systems, and people. The XLM spot price is down 89% from an all time high of US $0.72, set in January 2018. The market cap currently stands at US $2.05 billion with US $201.68 million in exchange volume over the past 24 hours at time of writing. Throughout late 2018, XLM followed the rest of the crypto market with a significant downward decline. Since then, price has stabilized near the May 2017 high. Fundamental network metrics for XLM show fees rising substantially with no significant rise in transactions per day, which may point to a scaling issue in the near future. Despite the flat or slightly rising usage metrics over the past few months, comparatively, XLM has much lower usage than other chains. Read the entire in depth analysis on Brave New Coin

Karen Holleran

Karen Holleran

Karen Holleran Editor @aikarensf Karen is a proud third generation San Franciscan, and has worked in various positions including developer relations, winemaking, freelance writing, and as a teaching assistant for autistic children. She is passionate about disruptive tech, artificial intelligence, cryptocurrencies, and blockchain technology. She is excited at how these technologies can improve the quality of life for people globally. When Karen isn’t busy discovering new things, you can find her enjoying the diversity of the Bay Area, keeping up to date on the latest tech news, or relaxing at home with her beloved rescued cat.

View all posts

Stay Updated FinTech Silicon Valley

Follow Us

Read previous post:
Cosmos Hub and the Internet of Blockchains

Cosmos Hub launched just last month, and its popularity is growing Cosmos calls itself “the Internet of Blockchains,” and it’s...

Close