XLM grew by more than 15% in the last day

Stellar (XLM) continues to assert itself as one of the leading platforms and coins, increasing market capitalization. Over the last day XLM grew by more than 15%, settling at $0.25 at the time of the preparation of the material. At the same time, over the past month, the cryptocurrency has demonstrated far more tangible stability than the market leader — bitcoin.

Although Stellar does not openly compete with Ethereum, the platform is gaining more and more interest as an alternative platform for organizing ICO projects seeking an ecosystem for distributed applications. Unlike Ethereum, Stellar offers much faster transactions.

At the same time, the system, if any, has controversial points that are criticized by the community. Stellar uses so — called" anchors " - credit issuers in the ecosystem that act as banks. This principle is seen as contradicting the idea of digital currencies, according to which there is no dependence on individuals or organizations in the system.

However, XLM remains among speculative assets, and its relatively low price may prove to be extremely attractive. Especially now, when the altcoins markets are moving into the stage of short-term recovery.

In addition, the further development of the project will be discussed soon. In the social network Twitter team Stellar reported:

Stellar [email protected]
On April 19th, @JedMcCaleb will be discerning his journey as @StellarOrg Founder and outlining the road ahead for Stellar. This event is hosted by @baypayforum. See more details here: https://www.baypayforum.com/e041918 #Stellar #Blockchain https://twitter.com/baypayforum/status/981989089355288576 …

BayPay Thought Leadership with Jed McCaleb, Co-founder and CTO of Stellar Development Foundation -...
BayPay Forum - buses Network for Payment, Commerce and Fintech Executives-Innovation? It's All About People

"On April 19, jed McCaleb will discuss his journey as the founder of StellarOrg and talk about Stellar's future plans."
Currently, XLM is regarded as an attractive and affordable asset in the us and Asian markets. The coin is actively traded on the stock exchanges Binance and Poloniex. The value of the asset did not see a significant increase compared to other rapidly developing assets. But in case of further General market recovery, the cryptocurrency can reach new highs. XLM, of course, has won new positions and increased trading volumes in comparison with its position in the explosive for cryptocurrencies in December 2017.
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