The Stellar Development Foundation has committed up to 2.5 million Lumens to six non-profit organizations to help out during the coronavirus crisis — and they’re ...

Stellar price movement has astounded the intraday traders. The recovery spree in the currency is likely to bring a big change in the momentum. The second quarter is speculated to correct the last quarter’s failures. Previously, Stellar was among the few currencies in the market that was suffering largely. Well, things have changed now.

Stellar price has been raised by 2.94% over the last 24 hours, and the value has reached $0.049894 from $0.048465. Investors may find the continuation of the current upside momentum for the near-term.

Stellar, the leading crypto platform that is capable of moving all forms of money quickly and reliably, underwent a series of upgrades and refinements last week. From its Dev Digest #36, we learn that the promised Stellar Core v12.5.0 is out now.

Lumens price is again vulnerable to break below the crucial price level of $0.040 but the bulls are showing their full potential to sustain the price level.

The crypto market is surging with positive momentum. The currencies are likely to book yet another profitable day on the calendar. The traders who were eyeing to recover previous losses are finally at ease. The current pace in the market is speculated to bring rally back. Stellar Lumens is currently above $0.050 mark, and the speculations are ripe that if the coin breaches the immediate resistance level at $0.051, then the rest of the day would be great for the traders.

After pumping nearly 13 percent earlier today, XLM’s growth has dropped 4.31 percent. Still, the 13-ranked coin is trading at $0.0507, up from $0.049 earlier today.

Stellar Lumens price is facing strong resistance at the price level of $0.040 which is stopping the altcoin to build significant growth in the market.

There were developments within the Stellar ecosystem over the past week, but the release of Stellar Core v12.5.0 topped the list of new developments.

In our April XLM price prediction, we will be examining some Stellar Lumens‘ market opinions, historical prices, and recent developments.

-The Tor Project receives about 20% of its individual donations via cryptocurrency. -Stellar is matching Lumens (XLM) donations for six non-profits throughout April. -The company will match up to 1.9M XLM in total, alongside its own donations.

Recently, stellar lumen price started a fresh decline from the $0.0435 zone against the US Dollar. The XLM/USD pair broke the $0.0410 support area and the 55 simple moving average (4-hours) to move into a bearish zone.

It’s not uncommon for Non-Profit organizations to accept donations, but it’s not very common for these donations to come in the form of cryptocurrencies. Stellar is one blockchain/crypto project that is now making the big step towards donating to non-profits.

The Stellar Development Foundation is matching donations in Lumens (XLM) made to six non-profits during April, including the Tor Project — the team behind ‘The Onion Router’ anonymizing browser.

Stellar Lumens (XLM) prompted for the biggest technical challenge when programming the cross-border payments.

The Stellar Development Foundation (SDF) has announced that they are launching an XLM-donation-matching program, in which they will match donations up to 2.5 million Stellar XLM, 0.53%. By starting the program, the SDF wants to lend a helping hand to six non-profit organizations in these difficult times. They are reaching out to the Stellar and crypto community to contribute to the cause within their means. The SDF hopes to kick off the initiative by donating 100,000 XLM to each of the six charities, with the remaining funds used to match community contributions on a one-to-one ratio throughout April.

Bulls are still not in favor of Stellar’s price trend as its price recovery keeps getting slower and slower with each passing day. The current sluggish nature of the market is yet to see any strong bullish breakout. Meanwhile, Coronavirus, the prime reason behind the recently collapsed market is getting tougher and tougher to control.

XLM coin’s price trend is making some crazy swings with a strongly volatile approach. This is keeping a stable sentiment away from the coin as it finds it difficult to have a firm hold over an uptrend.

Developers of the Stellar Lumens blockchain have launched a payment solution that will facilitate transactions with the cryptocurrency. The solution was proposed under the name SEP-29 and already approved by the Stellar community. According to the official publication, the solution solves the “I forgot my memo” problem for receiving transactions with Stellar Lumens.

A question for clarity about direct payments for Americans was put across to US Secretary of Treasury Steven Mnuchin, “For those folks who don’t have bank accounts don’t have direct deposit information, how long will they have to wait for their check?”