Star price bounces like growth from growth and increase in user activities
Stellar can be transferred to stop, as stablecoins, active addresses and other metrics are on the rise.
Starry (XLM) Shows signs of strength, both in decentralized finances and technical path. On Friday, 11 April, Cap Stablecoin on the chain broke 300 million dollarsReaching all times in the amount of 3.6 million dollars. At the same time, active chain addresses increased to 1.5 million towards Nansen, a 6.5 times Increase From 7. April.
This happens that the price of tokens is close to key technical levels. 11. April Stellar increased by 5.33% of its daily sheet of $ 0.0225. It followed the bouncing from the lower end of the descending channel that began to form in December.
With the star defense of this support, the token shows signs of swinging. Moreover, if the token manages to remain above the middle line to 0.2348 USD, it can follow more pretty swing.
Why Stellar activity is growing
Stellar’s swing was slowly built in the last few weeks. 6. April before in active addresses, the steamer grew Counting transactions From the week ago, reaching 70.5 million. That figure also increased 30% on a month.
Recently Nansen’s report Highlight several key technical improvements. For one, the upgrade of Protocol 22, launched in December last year, has introduced improvements for both users and developers. ZK-Snarks is enabled, making smart contracts faster and more private. In addition, the upgrade was easier to launch Dipps.
Other transitions, including Galekie and Stellar RPC, have made a network of more transparent and its data more accessible. Galekie focuses on historical data for Block Explorers and Analytics, while Stellar RPC supports real-time data used in Defial applications.
The network also provided main partnerships, including the railway, MasterCard and Pakos. For example, the railway enabled payments with KSLM, while Pakos launched his USD Stablecoin on Stellar Network.
https://crypto.news/app/uploads/2025/04/crypto-news-Stellar-XLM-option02.webp
2025-04-11 15:51:00
