Why Stellar XLM Could Become Huge In 2019

Why Stellar XLM Could Become Huge In 2019

Stellar (XLM) is a digital asset that hardly needs any introduction at this point, as it has already achieved a lot reputation, with even more impressive goals expected to be achieved in the future. The Stellar (XLM) team has focused a lot on reinforcing digital asset swaps, which has made Stellar (XLM) one of the best Cryptocurrency for placing orders with."Why Stellar XLM Could Become Huge In 2019"

Why Stellar XLM Could Become Huge In 2019

It has often made headlines in 2018, even though the year was dominated by a bearish market which has caused a lot of losses to many other cryptos, including Stellar's competitors. Of course, XLM has suffered as well, especially regarding its price. However, the coin remains one of the most stable digital assets out there.

At the time of writing, the Stellar (XLM) price is at $0.114871, and while this may not be especially impressive, XLM market cap sits well above $2.2 billion. Stellar XLM has also had a lot of movement on the list of top 10 Cryptocurrency by market cap, especially in the last two months. It currently sits at the 6th position on CoinMarketCap's list, although it threatens to regain the 5th position, presently occupied by EOS Coin.

The XLM is also often compared to XRP, as they are both focusing on providing a faster, cheaper, and better way of making international payments. The most significant difference between the two is the fact that Ripple aims to provide these services to banks and financial institutions around the world. Stellar XLM, on the other hand, offers its services to individuals, which will help those in developing countries, and especially those who are considered underbanked or unbanked.



Also, the Stellar XLM is considered to be the fastest cryptocurrency on the market, with transaction speed record only lasting around 3 seconds, which is a current record. Not to mention its DEX which offers extremely low transaction fees and a dedicated and robust community.

Furthermore, Stellar XLM is expected to become one of the tokens known for STOs (Security Token Offerings), which are to become spiritual successors to ICOs. Security tokens are believed by many to be the future of Cryptocurrency or at least a large part of the future, and jumping on an opportunity to launch them early might pay off shortly.

Stellar (XLM) Partnership With IBM

Stellar XLM already has a lot of things going for it, but its success does not stop there. As users are already aware of, it is crucial for cryptocurrencies to enter large, important partnerships to survive. Big, influential partners can back an XLM by name and funds, and Stellar understands this very well.

While Ripple has entered a partnership with countless banks across the world, Stellar XLM is backed by Partnership With tech giant IBM, which serves as proof that the XLM has potential, as well as a future. In return, IBM will make use of Stellar XLM advanced payment protocol to provide almost instant international payments.

Everything that XLM has achieved so far, as well as most of the things that its developers are still working on, are expected to take this cryptocurrency to new heights in 2019.

Every Cryptocurrency investor hopes that this year will finally loosen the bearish grip, and if it happens, Stellar's potential might truly take this coin to the stars. While the future is still unknown at this point, XLM seems like a coin worth investing in, and it is indeed a digital asset worth holding onto.

Neo Project Key Achievements in 2018

Why You Should Pay Attention to Cardano in 2019

Tron TRX Price Momentum Looks Promising

Post a Comment

0 Comments