Cryptocurrency

Stellar Lumens Is One Crypto That May Gain Attention

If you are currently looking into the possibility of investing in cryptocurrencies that have been fairly steady so far this year, then it could be a good move to look into Stellar Lumens or XLM.

XLM has clocked gains of 267% so far this year despite having gone down by 8% over the course of the past month. It may have declined from its peak of 79 cents a token, but XLM could well be an option to consider for those who are looking beyond Bitcoin.

The most important thing to keep in mind with regards to Stellar Lumens is that it operates a payments system that is powered by blockchain. The aim is to make it easier to make global money transfers and back in 2017, it started in this field for the Ukrainian government with the final aim of creating a national digital currency. The real-world use case and its implications make XLM a cryptocurrency that could be followed closely by investors.