Stellar (XLM) is one of the most talked about cryptocurrencies that the market has to offer. Despite being surrounded by so much hype, Stellar (XLM)’s price is still struggling beneath the $1 milestone. Coinmarketcap shows that Stellar (XLM) is valued at $0.284150 at the moment and that its total market capitalization sits at over $5.2 billion.
This cryptocurrency has made lots of interesting partnership in the past with IBM being one of the biggest companies, but Stellar (XLM) is not stopping there. The reason we are saying this is because Stellar (XLM) is looking to introduce some new innovations which are going to help its price per token skyrocket.
The first thing we that we need to mention about Stellar (XLM) is that the folks who are in charge of Stellar (XLM) have considered integrating the atomic swap into the Stellar main platform. This information was made public in a recent Reddit AMA (ask me anything) post where Stellar (XLM) and KIN (cryptocurrency) participated together.
Tomer who is a lead engineer at Stellar (XLM) is said that the main developer team is not aware of current automate solutions that will support Stellar (XLM). Therefore, the Automatic process swap will not be integrated anytime soon.
On the other hand, the lead engineer also said that the develop team has plans to introduce manual swap mechanics but that they require third-party escrows in order to work with Stellar (XLM).
Stellar (XLM) is Listed on Coindirect and Buybit
Even though getting listed on cryptocurrency exchange platforms might not seem like such a big deal, history shows that all cryptocurrencies which were listed on new platforms saw a major price spike. Moving on, popular cryptocurrencies like Ethereum are listed on more than 400 exchange platforms while Stellar (XLM) is listed on only 79 and this heavily affects the liquidity of it.
With that being said, Stellar (XLM) has now been listed on Coindirect and Buybit. These two new P2P (peer to peer) trading platforms are now offering XLM tokens for sale. This opens up the doors for more investors and it will probably impact Stellar (XLM)’s price in a good way. In fact, the XLM token is up by 1.78% in the past 24 hours.
We should also mention that statistics show Asia is buying the largest number of cryptocurrencies and Stellar (XLM)’s addition to Buybit is a great move because Buybit is based in New Delhi. Therefore, the XLM token is now available in exchange for Indian Rupees (INR).
The “Thought Leadership” Event
The question that’s sitting in everyone’s mind right now is what will Stellar (XLM) do next? This question is impossible for us to answer since we don’t have any insight to what the folks who are in charge of Stellar (XLM) are looking to do.
However, the future of Stellar (XLM) will be unveiled on April 19th, 2018 in San Francisco, California. The reason we know that everyone is going to find out what the future holds in store for Stellar (XLM) on that date is because Jed McCaleb who is the founder of Stellar (XLM) is hosting an event called “Thought Leadership”.
Jed McCaleb is going to use the spotlight of the “Thought Leadership” event in order to highlight what he thinks will happen to Stellar (XLM) in the upcoming future and why people should consider investing in the XLM token. In addition, Jed McCaleb also said that everyone who wishes to can join the event.