Crypto Coin Show (@Cryptocoinshow) on August 17 had an interview with Justin Rice, the Stellar Development Foundation (SDF) head of Ecosystem, on exciting details about the Stellar ecosystem. The interview centered on the responsibilities of SDF as a non-profit organization to the ecosystem, the importance of decentralized exchanges and what stellar is bringing as value to DEXes, and some other exciting features of Stellar protocol.

After a strong decline, stellar lumen price found support near the $0.0720 level against the US Dollar. The XLM/USD pair traded as low as $0.0722 and recently started an upside correction.

It has been a rough day for Stellar (XLM), as the previously strong cryptocurrency is now facing heightened selling pressure. Its ongoing slide lower has come about due to the weakness seen by both Bitcoin and most other major digital assets.

Stellar Lumen corrected lower alongside the broader cryptocurrency market last week, as the popular cryptocurrency fell towards the $0.089 support level.

After a steady decline, stellar lumen price found support near the $0.0725 zone against the US Dollar. The XLM/USD pair traded as low as $0.0722 and started an upside correction above $0.0750.

SIMBA has released a payment app designed for use on the Stellar Network with focus on a quick and secure way of creating wallets for blockchain operations.

Like many other large-cap altcoins, Stellar Lumens (XLM) has performed well against Bitcoin and the U.S. dollar over recent weeks. Per data from TradingView, the asset is up by 58% against the dollar. And over that same time frame, it is up 24% against Bitcoin.

Open source makes it possible for the Stellar ecosystem and community to collaborate and build a truly decentralized network, thus innovating diverse solutions, which one will not be able to discover alone.

Financial inclusion should be made affordable and accessible to all individuals and businesses irrespective of their personal net worth or company size. Financial institutions should cater to deposits, fund transfer services, loans, insurance, and payment services for economic prices. This is important to remove the barriers which will prevent people from using financial services. Digital transactions are making financial inclusion easier.

Stellar Lumens news today – In the last few weeks altcoins have been doing well. Even though Stellar had picked up earlier, a few days back it retraced against Bitcoin and failed to follow the price action of the other leading altcoins. Indicators show that the digital asset may soon bounce against Bitcoin. This sentiment is shared by several cryptocurrency traders. As stated above, the price of Stellar has been bleeding against Bitcoin in recent days as the top digital asset pressed higher. The recent price action can be spotted in the daily chart for XLM/USD. The chart shows XLM’s underperformance against Bitcoin on the right side.

This past week, stellar lumen price remained in a bearish zone and broke the $0.1050 support against the US Dollar. The XLM/USD pair even traded below the $0.1000 support level.

Stellar (XLM) has been consolidating in recent weeks, struggling to garner the momentum that many of its smaller counterparts have been seeing.

In terms of development activity, CoinGecko tracks several metrics, i.e., quantity of commits, forks and stars on GitHub as well as the quantity of code changes added by contributors.

This past week, stellar lumen price started a steady downward move from well above $0.1150 against the US Dollar. The XLM/USD pair broke the $0.1100 support level and settled below the 55 simple moving average (4-hours).

For those who are very interested in knowing about how the Stellar Anchors work, there is a recent documentation done on this topic explaining what the Stellar Anchor is about and about how the Lumen supply metrics work.

Stellar Lumens has been bleeding out against Bitcoin over recent days as the leading cryptocurrency has pressed higher. This price action can be seen in the chart below, which shows XLM’s underperformance of BTC on the right side of the chart.

Stellar, one of the top 15 cryptos of the market, at the press time was trading at $0.112 with a complete bearish outlook. Stellar Lumens is on a continual rise after the massive sell-off in March and has gained nearly over 230% in 5 months as it trades above $0.100. The currency is already breaching 14-month high as it trades above $0.11.

Stellar Development Foundation starts a contest in partnership with StellarBattle, encouraging its users to develop informative content for the Kelp automated trading bot. The contest participants will earn incentives to learn about the details of Stellar Decentralized Exchange; apart from that, they will also get to know about liquidity provisioning and trading with Kelp.

An average cryptocurrency investor’s mind is filled with ideas like price rise in percentage, gain, mixed day, early morning high, hitting the reverse, first major resistance level, intraday low, finding support, rallied to a late intraday high, easing back, latest move, near-term bearish and bullish trends. However, for all this to happen, there needs to be a stable project, users, and use cases. Without this, nothing is going to move the price in anyway.

Cryptocurrency has the potential to revolutionize the tech, banking, and finance sectors. Proponents of cryptocurrency consider this invention as the most important one since the advent of the internet. There are several cryptocurrencies in the market. One of them is Stellar Lumens, which is represented as XLM. It has become one of the leading cryptocurrencies and is supported by several businesses and tech companies.