Stellar Lumens, a cryprocurrency of Stellar open-source network that lets users build low-cost financial products for their community, has shown a significant price jump increasing 119,55% during past 7 days.
Stellar Lumens Charts
The price rose from the mark of $0,04 on November 26 to the mark of $0,09 on December 2, while the market capitalisation of Stellar Lumens increased from $884 million to $1,7 billion.
The rise of the currency was preceeded by a series of significant events connected with Stellar Lumens currency and Stellar network. For instance, on November 22 the company announced that Ledger HQ Nano S support became available for Stellar Lumens.
Excited to announce that @LedgerHQ Nano S support is now available for @StellarOrg lumens (XLM). Here's a quick tutorial: https://t.co/cOuk2h5eRu #blockchain #cryptocurrency #fintech pic.twitter.com/MmzefLlLHj
— Stellar (@StellarOrg) 22 ноября 2017 г.
Moreover, on November 28 Stellar informed the users about the updates made for Stellar Core, which could be found on Stellar Lumens GitHub repository.
— Stellar (@StellarOrg) 28 ноября 2017 г.
What is more, it came to light that IBM is creating a blockchain technology that's going to be used by seven of Europe's largest banks, including HSBC, with the idea of facilitating international trade for small- and medium-sized enterprises, and the IBM has added 8 new validators from 8 different countries on to the Stellar network.
IBM new validators on the Stellar network
At the moment of press, these are main market parameters of Stellar Lumens:
- Average price: $0.09
- Marketcap: $1 657 799 666
- 24h volume: $93 788 900