Stellar (XLM), NEO (NEO), and Cardano (ADA) are all on the rise this morning. Stellar has been on a run since yesterday.
The coin is up almost 35%, in just 48 hours. The online payment company Stripe just announced that it may add support for Stellar. Just yesterday, the company announced that it would drop Bitcoin, due it’s slower transaction times and higher fees.
Bitcoin transactions are expected to stop on its platform on April 23rd of this year. Stripe currently handles payments for more than 100,000 businesses.
In contrast to Bitcoin transactions which take over ten minutes to an hour, stellar’s transactions settle in two to five seconds. IBM (NYSE:IBM) is currently using Stellar’s network to develop cross-border payments with large banks.
It’s value purely stems from its utility and it seems that large businesses are beginning to find it useful. At press time, XLM is trading at $0.54 a coin, up 9.51% in 24 hours. Year-to-date, Stellar is up over 60%. Read more from cryptocurrencynews.com…
thumbnail courtesy of cryptocurrencynews.com