Stellar (XLM) Surges: Market Cap Soars and Gains 180% in a Week

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Source: U.Today
Stellar (XLM) Surges: Market Cap Soars and Gains 180% in a Week
Photo: U.Today
TL;DR Summary

Jed McCaleb, co-founder of Ripple and creator of Stellar, argues that Stellar's XLM is an underrated cryptocurrency due to its high transaction volume, simplicity, low fees, and robust features like stablecoin issuance and a decentralized exchange. He highlights Stellar's real-world usage, efficient smart contract platform Soroban, and developer-friendly documentation. McCaleb emphasizes Stellar's mission to revolutionize digital payments, especially for unbanked communities. Recently, XLM's price surged nearly 500%, partly due to regulatory changes affecting XRP.

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