🌟 Stellar Skyrockets in Activity 🚀: Jed McCaleb on Its Potential 🌐
📣 Jed McCaleb, Stellar's co-founder, shared on X (formerly Twitter) (https://t.co/oyXi8NOw46) that the Stellar network now ranks among the busiest crypto platforms! 💳 Processing 10x more daily transactions than Ethereum, Stellar’s rapid growth highlights its utility, speed, and developer-friendly nature.
✨ Why Stellar Shines Bright
✅ Built-in Decentralized Exchange (DEX) 💱
✅ Token issuance and advanced on-chain governance 🛠
✅ Support for stablecoins and safe, scalable smart contracts 🤖
✅ Near-zero fees, perfect for global payments and financial inclusion 🌍
💡 Features like passkey support and native multi-signature capabilities simplify adoption for businesses and users alike. 📲
📈 Price Action Update
Stellar’s $XLM token recently surged from $0.1599 to $0.6395, then retraced to $0.5590. Key levels:
Immediate support: $0.5663
Deeper zones: $0.3997 & $0.3431
⚠️ RSI signals overbought conditions (79.18), suggesting a cooling-off period before the next move. 🔄
🌍 Transforming Financial Infrastructure
Stellar’s focus on practical, efficient payments puts it at the forefront of blockchain finance. With growing adoption, McCaleb remains confident in its role to revolutionize global finance. 💸
⭐️ Is Stellar the next big thing? Let us know your thoughts! 👇
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