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Stellar {XLM} notes big gains after a bad day as Cardano {ADA} releases Shelley Install Guide – OBN
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Stellar {XLM} notes big gains after a bad day as Cardano {ADA} releases Shelley Install Guide – OBN

by Raphael PutongJuly 12, 2019

A day ago, Stellar dropped by more than 14% at one point of time. Now, the price has begun trading in the green zone. A boost of 9.48% was noted which has helped cover a major section of the losses. The price of XLM is $0.097180 according to the latest data.

Stellar is ranked at #11 on coinmarketcap, below TRON. The circulating supply involves 19,425,874,742 XLM tokens. The trading volume recorded is $515.953 million. The total market cap of Stellar Lumens is $1.887 billion.

The partnership with IBM was revered by many in the cryptosphere. IBM has many blockchain experts, as the demand for developers keeps surging in companies such as Amazon, Ripple, to name a few. In parts of Africa and Latin America, Stellar has had many partnerships unveiled.

As their demand for adoption increases, so will the price. But Stellar is known for having issues related to centralization.

IDEO CoLab has launched a new venture for blockchain entrepreneurs. For this they have teamed up with Amazon, Atrium, Avanta Ventures, Blockchain at Berkeley, Brex, CoinList, CSAA Insurance Group, Deloitte, Electric Capital, Ethereum Foundation and ETH Global, Fidelity, GS Group, Hanwha, Messari, NEAR Protocol, Oasis Labs, Perkins Coie, she256, Stellar Foundation, Silicon Valley Bank, TQ Tezos till now.

Cardano is priced at $0.068682. A bump of 5.42% was noted. The trading volume recorded is $112.970 million in the course of the past 24-hours. The total market cap of ADA is $1.780 billion. The supply has 25,927,070,538 ADA as of this moment.

Earlier, Cardano had said that they would focus on improving liquidity and scalability. This new direction was implemented so as to draw in institutional investors.

Via ourbitcoinnews.com

About The Author
Raphael Putong