Stellar Climbs Past $0.16 Amid Renewed Debate Over Decentralization in Blockc...
Stellar (XLM) has risen back above $0.16, signaling a modest recovery after several weeks of consolidation. The rebound comes as investors remain wary, with renewed discussions around decentralization standards and real-world blockchain adoption influencing investor sentiment. Related Reading: XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks Data aggregated shows XLM trading near $0.16 with a market capitalization above $5.4 billion, reflecting steady demand within a long-standing support range between $0.13 and $0.16. Market observers note that this zone has....
Related News
A recent unintended ledger fork in the Stellar network led to a temporary disruption of its transaction system and a broader debate about the integrity of the Ripple consensus protocol. The debate began on 5th December, when Stellar Development Foundation (SDF) executive director Joyce Kim published a blog post outlining a fork in the Stellar network that the company attributed to problems within the Ripple consensus protocol. Both Ripple Labs and Stellar use the open-source protocol to provide competing transaction networks that allow fiat money to be sent over the blockchain. The....
Stellar Lumens saw major price action after the Stellar Development Foundation signed an agreement with the Ukrainian government. Stellar Lumens (XLM) is now the ninth-largest cryptocurrency by market capitalization, overtaking Chainlink (LINK) and Binance Coin (BNB), according to data from major crypto tracking website CoinGecko. At publishing time, Stellar’s market cap amounts to $6.6 billion, while LINK and BNB’s market caps stand at $6.1 billion and $5.8 billion, respectively.Top-10 cryptocurrencies by market cap chart. Source: CoinGeckoStellar’s return to the top-10 list comes amid....
The bitcoin price has been in decline recently, and many altcoin prices have fallen in its wake. However, the bitcoin price decline has not affected the stellar price. In fact, while the bitcoin price fell 15% during the past week, the stellar price increased nearly 40%. CCN examines the stellar price increase to help traders make informed investing decisions. Stellar Price Rising Despite Bitcoin Price Decline. The stellar price has increased more than 35% over the past seven days. The bitcoin price has been falling over the past couple weeks, potentially due to the much-hyped Alibaba IPO.....
Although it has yet to overtake Ripple, Jed McCaleb's Stellar has performed respectably in its first several months. The payment gateway's native currency has consistently remained in the top-twenty on the market cap charts. However, the stellar price has not been living up to its name over the past couple weeks. Also read: Stellar Price Rises Despite Bitcion Price Drop. Stellar Price Reaches Three-Week Low. On October 9, the stellar price fell to 662 satoshis, which marked a three-week low for Ripple co-founder Jed McCaleb's latest altcoin project. As recently as September 29, the stellar....
Justin Bons, founder and CIO of Cyber Capital, has ignited a fresh decentralization debate with a sweeping thesis that Solana’s economics and roadmap will propel it past Ethereum on virtually every decentralization metric over time. In an August 30 thread, Bons opens with the blunt contention that “Solana is destined to become the most decentralized […]