Stellar (XLM) Surges Today Amid Recent News: Should You Consider Investing?

Today the price demonstrates a good dynamics of $0.390655, marking an increase of almost 5%. Stellar’s market cap is $9,380,261,319 compared to its trading volume of $664,842,503. By now, its price is $0.389371 with the rank of #23. Last week it announced that the 9th round of the Stellar Community Fund is already open, and you can apply from now until November 7.
Further, the Stellar Community Fund has 4 million XLM tokens for distributing to projects based on a community vote. Besides, the team at Stellar Development Foundation is continuing to prepare to add the capacity to support automated market makers (AMM) on the blockchain, according to the most recent development update. The launch of AMM is projected to significantly increase liquidity, leading to an optimistic stance among experts.

April Sanchez

Business and Tech Reporter