{"id":543352,"date":"2023-07-19T14:00:43","date_gmt":"2023-07-19T14:00:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=543352"},"modified":"2024-06-11T13:39:35","modified_gmt":"2024-06-11T13:39:35","slug":"stellar-xlm-surges-over-43-in-one-week-whats-pushing-it","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/stellar-xlm-surges-over-43-in-one-week-whats-pushing-it\/","title":{"rendered":"Stellar (XLM) Surges Over 43% In One Week, What’s Pushing It?"},"content":{"rendered":"
While <\/span>Bitcoin price<\/span> recedes from the $30,000 support, payment solutions Stellar (XLM) and XRP continue riding the bullish wave, with <\/span>Stellar (XLM) outranking<\/span>\u00a0top gainers today<\/span><\/a> amid impressive ecosystem developments.<\/span><\/p>\n Determined to break all barriers to the $0.2 target, XLM painted all charts green, with a whopping 43.29% gain in value on the week. <\/span>The cross-border payment facilitator has added over 8.79% to its valuation over the past 24-hour trading session.<\/span><\/p>\n Following ecosystem developments, XLM continues to soar as interest in its innovative payment and remittance solution increase. <\/span>In a recent <\/span>development<\/span><\/a>, Stellar partnered with MoneyGram and HoneyCoin app to support global digital assets cash out with USDC across Nigeria, Ghana, Tanzania, Kenya, Uganda, and the UK.<\/span><\/p>\n Related Reading: Pre-Mined Ethereum Worth $116M Moves After 8 Years: Is A Major Price Dip Imminent?<\/a><\/p>\n In another <\/span>announcement<\/span><\/a>, Stellar partnered with Fonbnk to provide payment solutions to the unbanked in Africa. Considering that millions of Africans lack access to banking services, Stellar’s partnership with MoneyGram and Fonbnk could bring more users to the digital finance landscape, further expanding the crypto industry.<\/span><\/p>\n Moreover, Stellar is now available on multiple chains, including Ethereum, Solana, Celo, and Polygon, through Allbridge\u2019s interoperability and bridge solution. <\/span>Announced<\/span><\/a> on July 11, the integration marks a significant milestone for Stellar, demonstrating its utility for innovative opportunities in decentralized finance.<\/span><\/p>\n This feat could be among the factors pushing XLM’s price over the past seven days. Again, the token still enjoys the bullish wave of its close relative, XRP’s victory in the SEC\/Ripple lawsuit.\u00a0<\/span><\/p>\nXLM Rides On Bullish Momentum From Impressive Ecosystem Developments<\/span><\/h2>\n