We haven't touched some alt's for a long time and it's always good to keep track of both their returns and their fundamentals. One of the ones that has always caught my attention is stellar (XLM), however it does not have enough brightness and when the market hits hard, Bitcoin (BTC) and all the alt's feel them.
Since the strategic integration of XLM with Samsung, this blockchain has been working in an ecosystem for the development of the security of applications installed on mobile devices. The innovation, however, has taken the Stellar Development Foundation (SDF) in a not very privileged strategic position but which is still a benchmark within the list of the most relevant alt's.
Likewise, XLM continues to aim at the integration of new users towards cryptocurrencies and its approach with ABRA, which is more than relevant to continue with the path of cryptographic growth.
The explosion of the DeFi world has increased the sense of competition in many of the platforms, especially Etherium, but XLM wants to change that and aim to improve and integrate the traditional functions of banking. The projections of this alternative and decentralized movement has many moving millions and the development is exponential.
XLM must find new ways to expand the use of its platform and what better service than to exploit these financial activities with an emphasis on security, a combination that many want.
Today in XLM dial it is located in position 20 of the cryptographic list, with a value of $ 0.0737 per token and a capitalization of $ 1,171,348,257; It is still currently experiencing a slight and not so significant recession, being able to recover that path towards $ 0.10 per token.
Like other currencies, we could expect a rise within that alt movement again and see it touch resistance at $ 0.15 per unit. The adoption must be accompanied by that point that makes the alt's different, that show a competitive advantage that makes reference to that change, and XLM is working on that.