The Stellar blockchain’s native cryptocurrency is the lumen, a token that trades under the symbol code XLM.
The Stellar cryptocurrency is a digital/virtual currency created by Stellar Development Foundation. The Stellar network is a blockchain-based distributed LEDGER network that enables financial transactions and connects banks, payment systems, and users.
Traders can use lumens on the Stellar network to facilitate low-cost, cross-asset transfers of value, including payments.
Investors watch XLM news closely, as Stellar is counted as one of the best-performing altcoins in the crypto market.
Stellar, a fork of the Ripple protocol, was founded by Jed McCaleb and Joyce Kim in the year 2014 after some disputes surfaced in Ripple’s management.
Coingape, a well-known media hub for crypto news updates, covers XLM news everywhere. The news platform provides timely updates on the price performance of XLM, its competitors, and all other relevant updates to its viewers. Coingape’s XLM news section includes all topics ranging from XLM coin price prediction to, Is Stellar a good investment? Should you invest in XLM? How to buy Stellar (XLM)? and a lot more.
