Stellar's XLM looks undervalued
Stella is a free, open-source network used to facilitate cross-border digital payments on the blockchain. It is one of the oldest decentralized projects and cryptocurrency ecosystems, having been launched in 2014
Stellar is focused on digital payments and the company behind it is the Stellar Development Foundation.
Stellar uses a unique consensus mechanism called the Stellar Consensus Protocol (SCP) which make it has a fast, secure, and affordable way to transfer money around the world. It is also a scalable platform that can be used to build innovative financial applications.
Recently, Stella treasure marketcap exceeds ethereum and it also get listed on a new exchange which is Bitget. There are also a lot of development going on for $XLM.
Here are some of the key features of Stellar :
- Fast and affordable transactions: Stellar transactions are processed quickly and cheaply. The average transaction fee is less than $0.00001.
Global reach: Stellar is a global network that can be used to transfer money between any two currencies.
Scalability: Stellar is a scalable platform that can be used to process millions of transactions per second.
Interoperability: Stellar is interoperable with other blockchain platforms, such as Ethereum and Bitcoin. This means that Stellar can be used to transfer assets between different blockchains.
What do you think about current XLM marketcap and price?