The crypto market appears to have a promising future for Stellar Coin (XLM). Analysts predict that the coin has the potential to reach $1 between 2024 and 2030, showing a strong bullish view. Stellar Coin is set to perform well, perhaps even standing alongside Ripple, Polygon, BlockDAG, and Toncoin as top cryptocurrencies in 2024. In addition, Stellar Lumens, the native cryptocurrency of the Stellar network, manages to surge amidst a bearish period facing major cryptocurrencies.
Stellar Foundation continues supporting the delay of its much-awaited smart-contracts upgrade following the discovery of a significant bug. The upgrade will inaugurate Stellar's 'Soroban' Smart Contracts, which could possibly spark an XLM rally. The token formed a bullish divergence, however, certain risks persist.
Franklin Templeton has tokenized a $380 million US government money fund on both Polygon and Stellar. Additionally, Stellar powers VISA's new partnership, triggering a potential breakout for XLM. Finally, analysts predict XLM to shoot 60% if it clears a significant resistance level. However, caution must be exercised as unnamed sources suggest that both Stellar and Solana are securities.
Stellar Coin News Analytics from Fri, 08 Sep 2023 07:00:00 GMT to Sun, 18 Aug 2024 19:00:21 GMT - Rating 6 - Innovation 8 - Information 6 - Rumor 8