Notice or not, over the past few months the Stellar ecosystem has shown consistent growth.
The Stellar Development Foundation (SDF) report proved the platform showed an 11% increase in its account volume year -on -year.
While the number of operations processed in the network increased 100%. Similarly payments also showed an increase, and found a 160% and 84% jump in relevant assets with 29 times the number of transactions in the network made with them.
In addition, SDF has invested $ 6.5 million in several other companies such as Wyre, Cowrie Integrated System and DSTOQ through the Enterprise Fund.
At the same time SDF and Circle have teamed up to launch the USD Coin (USDC) stablecoin on the Stellar network, another milestone for this blockchain.
Data from Glassnode shows stablecoins and its market value have shown an increase in line with the performance of other cryptocurrencies. The higher the demand for these assets, the more institutions and retail investors enter the market.
At the time of writing, XLM is trading at $ 0.62, down more than 7% in 24 hours after hitting its highest level since 2018 at $ 0.68 yesterday.
