Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
XLM
Stellar (XLM) and The Graph (GRT) Join The DeeStream’s (DST) Presale Tipped to 50X Return Potential Amid Market Uncertainty
Amid the flurry of activities in the crypto market, DeeStream (DST) is shining through with massive growth potential while still at the presale. With the crypto market still recovering from the current downturn, Some analysts have projected over 50x ROI for DeeStream (DST) in the coming months. This has drawn Stellar (XLM) and The Graph (GRT) holders to the project, given that both tokens are battling the bear trend. Meanwhile, DeeStream (DST) is in the second stage of the presale…
1 year ago
Stellar Soroban Experiment: All Employees Write, Deploy, and Invoke Smart Contracts – What Does This Mean for The XLM Network?
Stellar organized a dogfooding Soraban experiment involving coding and non-coding staffs. The experiment ultimately helped enhance the UI and UX of the Soraban smart contract network. In February, the Stellar Development Foundation (SDF) conducted a dogfooding experiment that permitted all employees to write, deploy, and invoke smart contracts on Soroban. How the Stellar Soroban Experiment Performed As noted in a blog post released by Stellar developers, central to the Stellar Soroban experiment was Okashi, the web-based platform for smart contracts…
1 year ago
With Fezoo’s (FEZ) Launch, Stellar (XLM) and Cosmos (ATOM) Traders Predict a New Frontier in Crypto Exchange Services
The crypto industry is big enough for new and innovative players. Stellar (XLM) and Cosmos (ATOM) traders are predicting that Fezoo (FEZ), a new decentralized exchange (DEX), will become a platform of choice for users who want improved security, lower fees and transparency. When Fezoo (FEZ) launches, will it be worth the salt of Stellar (XLM) and Cosmos (ATOM) traders who are eagerly waiting for its crypto exchange services? Stellar (XLM): Soroban Goes Live, $100 Million Allocated to Adoption Fund…
1 year ago
Storing Your XLMs – A Look at the Best Stellar Lumens (XLM) Wallets
Cryptocurrency wallets come in handy to offer a safe, transparent, and efficient way of storing digital assets. Crypto wallets essentially store users' private keys and public addresses. They may also provide encrypting and signing information, i.e., executing a smart contract function or a cryptocurrency transaction. In addition to storing the private key and public address, Stellar Lumen wallets store the third code, i.e., a Stellar Memo. The Stellar Memo is a feature that allows Stellar network users to communicate and…
5 years ago
Token Burning: Reasons Why Burning Tokens Is Important
What is Token Burning? Token burning or coin burning is an intentional action taken by the coin's creators to "burn," i.e., remove from circulation a specific number from the total available tokens in existence. There are several reasons to burn tokens this way, but generally, the move is for deflationary purposes. In a coin burn, the tokens are algorithmically taken out of circulation by sending the outputs to a public address known as an 'eater address.' However, the keys to…
5 years ago
BCH/USD Surges As Price Of Other Cryptocurrency Pairs Drop
Recently, the aggregate cryptocurrency market is maintaining significant support. Major cryptocurrencies, including ETH, TRX, XLM, EOS, XLP, LTC, and BCH, are having a hard time increasing in price. BCH/USD, on the other hand, is surging following a move to $170. Its price increased to over $180, and as we speak, it is into consolidation close to $185. The upside shows two critical resistances close to $192 and $195; a move over them may take the price towards $ 215. The…
5 years ago
The Beginner’s Guide to Stellar Lumens (XLM) – All You Need To Know
Boasting a galactic ensemble of developers and one of the fastest cross-border exchange networks in the industry, Stellar is a success story waiting to happen in the world of cryptocurrency. Spurring from the creative mind of Jed McCaleb, Stellar announces itself as "borderless, limitless [and] powerful." With skyrocketing transfer speeds and some of the tiniest transaction fees on the market, this decentralized platform aims to practice what it preaches. Stellar comes with its crypto that bears an equally cosmos-like name.…
6 years ago