Connect the world – How Stellar is connecting the global financial system
Jed McCaleb is the co-founder and Chief Architect of the Stellar Development Foundation, an open network working to connect the world’s financial infrastructure. In 2014, Jed created Stellar, an open-source blockchain network designed to democratize economic participation by making money more fluid, markets more open, and people more empowered.
Stellar Price Analysis – Bullish momentum
Technicals for the XLM/USD pair continue to suggest bullish trend metrics. With the current spot price above both the 200-day exponential moving average and daily Ichimoku Cloud, bullish momentum should continue to propel the pair higher over the next few weeks.
Stellar Price Analysis – Technicals flip bullish
Stellar (XLM) is a payment protocol that aims to connect banks, payment systems, and people. The current spot price is down 93% from the all-time high of US$0.72, set in January 2018. The market cap currently stands at US$1.40 billion on a 20.35 billion XLM circulating supply, with US$76 million in exchange-traded volume over the past 24 hours.
Stellar to vote on protocol upgrade
The Stellar project released the 13th version of its core protocol on June 13th. Network validators will vote on whether to upgrade the network on June 18th.
Stellar Price Analysis – Token supply cut in half
In a likely bid to increase the adoption of Stellar as a store of value, the Stellar Development Foundation axed 55% of the total token supply, as well as successfully campaigning for the removal of inflation on the network.
Abra receives US$5M in Investment from The Stellar Development Foundation
Abra, one of the very early global crypto investment apps designed for the future of finance, has received a US$5M investment from The Stellar Development Foundation (SDF). The deal will facilitate a blockchain integration, and soon bring an array of new products to the Stellar network.
Stellar Price Analysis – Bullish confluence mounts
Transactions per day have increased dramatically over the past three months, reaching a new all-time high, as average transaction values have held near US$1,000 in the same period.
Stellar Price Analysis – Active addresses continue to decline
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past two years, active addresses have continued to decline. In a likely bid to increase XLM’s potential store of value, the SDF axed 55% of the total token supply as well as successfully campaigned for the removal of inflation on the network.
Stellar Price Analysis – Active addresses in decline
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past two years, active addresses have continued to decline.
Stellar Price Analysis – Network inflation removed and 55 billion tokens burned
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past year, active addresses have continued to decline. In a likely bid to increase XLM’s potential store of value, the SDF axed 55% of the total token supply as well as successfully campaigned for the removal of inflation on the network.
Major Japanese crypto exchange Coincheck to add Stellar Lumens (XLM)
Coincheck announced that it will list the cryptocurrency Stellar Lumens (XLM) from November 12, 2019. The exchange will be the first to list XLM in Japan.
Stellar Price Analysis – Inflation mechanism set to end in November, pending validator vote
The Stellar Development Foundation recently released a proposal to remove inflation rewards from the network at the end of the month. A validator vote is scheduled for Monday, October 28th.
Stellar Price Analysis – Continued airdrops and declining active addresses
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past year, active addresses continued to decline.
Stellar Price Analysis – Fundamentals mixed, technicals bearish
Active Stellar users have declined slightly over the past six months despite new incentive schemes for adoption. Perceptions of the project have also taken a hit due to issues regarding the Stellar consensus model - and a full network outage that occurred in May.
Stellar Price Analysis – Rising on-chain use
Fundamental network metrics for XLM show rising on-chain use over the past few months. However, the concern in April around network centralization followed by the brief network outage in May suggests the chain remains in the nascent stages of maturity.
Stellar Price Analysis – Increasing on-chain use
Fundamental network metrics for XLM show rising on-chain use over the past few months. The recent concern around network centralization followed by the brief network outage suggests the chain remains in the nascent stages of maturity.
