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Stellar

Elon Musk

<ul> 
 <li>Stellar Lumens registers an 11.5% price surge within a week, outpacing both Bitcoin and altcoins.</li> 
 <li>Speculation mounts as Stellar vaguely teases potential partnerships and a possible pivot toward real-world assets.</li> 
 <li>Stellar’s $100 million adoption fund and smart contract platform Soroban loom large for its future.</li> 
</ul> 
<p>Stellar Lumens (XLM) bucked the general market trend last week, marking an impressive 11.5% surge in its value. While the broader <a href="https://cryptonewsland.com/massive-liquidity-approaching-crypto/">crypto market</a> faltered, Stellar not only held strong but also triggered significant growth.</p> 
<p>This performance came on the heels of nebulous announcements made by Stellar’s governing body. These announcements, although lacking specific details, employed phrases like “something cool is dropping” and “change on the horizon,” fueling market speculations.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Elon Musk will build X into the worlds most valuable financial institution <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3e6.png" alt="🏦" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>He is acquiring all the necessary licenses to integrate CRYPTO into Twitter/X<br><br>My hope is that <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>, <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> or <a href="https://twitter.com/search?q=%24HBAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$HBAR</a> or even <a href="https://twitter.com/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XLM</a> is one day involved <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/YjRTxF0pMz">pic.twitter.com/YjRTxF0pMz</a></p>— MASON VERSLUIS 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3c6.png" alt="🏆" class="wp-smiley" style="height: 1em; max-height: 1em;">
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f52e.png" alt="🔮" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MasonVersluis) <a href="https://twitter.com/MasonVersluis/status/1697275034388336818?ref_src=twsrc%5Etfw">August 31, 2023</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>Alongside, rumors circulated that Elon Musk’s X (formerly Twitter) might integrate Stellar Lumens, following its recent acquisition of a currency transmitter license. However, it’s crucial to note that Stellar’s current $3.4 billion market cap does not make it a top-20 contender just yet.</p>    
<p>But there’s more. In August, Stellar Development Foundation (SDF) became a minority investor in MoneyGram, bolstering its financial position. Furthermore, Stellar is set to launch its smart contract platform, Soroban, supported by a $100 million adoption fund.</p> 
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   <a href="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/">Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take</a>
  </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="“Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take” — Crypto News Land" src="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/embed/#?secret=sY5UR0Pc1K#?secret=gUoWyZUf1t" data-secret="gUoWyZUf1t" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
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<p>Looking ahead, the direction Stellar Lumens takes could redefine crypto norms. The coin’s resilience and potential for innovation make it a compelling choice for both short-term traders and long-term investors.</p> 
<p>Given Stellar’s recent market performance and the anticipation it has generated, the future seems remarkably bright. With smart contract capabilities and real-world application, Stellar Lumens is poised to become a keystone in the crypto-verse.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/">Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take</a></li>
 <li><a href="https://cryptonewsland.com/stellar-lumens-xlm-shows-promising-signs-of-upswing/">Stellar Lumens (XLM) Shows Promising Signs of Upswing</a></li>
 <li><a href="https://cryptonewsland.com/stellar-unveils-open-source-disbursement-platform-for-fast-transparent-payments/">Stellar Unveils Open-Source Disbursement Platform for Fast Transparent Payments</a></li>
 <li><a href="https://cryptonewsland.com/how-and-why-is-stellar-lumens-xlm-outperforming-ripples-xrp/">How and Why Is Stellar Lumens (XLM) Outperforming Ripple’s XRP?</a></li>
 <li><a href="https://cryptonewsland.com/stellar-xlm-investors-reap-137-gains/">Stellar (XLM) Investors Reap 137% Gains, Capitalizing on June 15th Discount</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/why-stellar-could-be-the-next-big-thing-in-crypto-11-5-surge-in-a-volatile-market/">Why Stellar Could Be the Next Big Thing in Crypto, 11.5% Surge in a Volatile Market&nbsp;</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Why Stellar Could Be the Next Big Thing in Crypto, 11.5% Surge in a Volatile Market

Crypto News Land

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