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Stellar Teases Exciting News in 10 Days, Creating Speculation in the Crypto Community

Stellar, a blockchain platform known for facilitating cross-border transactions, has recently made a mysterious announcement on social media. They stated, “SOMETHING COOL IS DROPPING IN 10 DAYS.”

Unlike some crypto hype, Stellar is known for delivering substantial updates, so this cryptic message has generated widespread speculation and discussions among crypto enthusiasts.

Reddit users are speculating about what this announcement might entail, with ideas ranging from rebranding to new partnerships or added functionality.

Speculation and Predictions

Reddit users are buzzing with various ideas about Stellar’s mysterious announcement. Some think it might be a rebranding effort to align with Stellar’s evolving vision. Others suggest it could involve new functionality or a significant partnership, possibly with a major financial institution.

One user pointed out Stellar’s recent investment in MoneyGram and its utility-focused blockchain, emphasizing that regulatory uncertainty is currently holding back adoption by large players in the finance industry. Clearing regulatory hurdles could potentially position Stellar as a leader in blockchain applications for finance.

However, some users are cautious, noting the volatile nature of the crypto market and suggesting that this announcement may not lead to immediate changes. Some even consider the possibility of Stellar’s native currency, XLM, gaining a more defined regulatory status.

Interestingly, some Reddit users mentioned the timing of the announcement, coinciding with the upcoming G20 summit in India, where cryptocurrency regulation will be a key topic. Could Stellar’s update be related to global regulatory shifts?

As we await Stellar’s big reveal, this discussion highlights the ongoing debates and uncertainties surrounding blockchain technology’s transformative potential. It also raises questions about whether blockchains like Stellar’s could challenge Ethereum’s current dominance by offering faster and more efficient solutions.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #CryptoNews #cryptomarket #Stellar #XLM

Stellar Lumens (XLM), the native cryptocurrency of the Stellar blockchain, could be on the verge of an incredible rally, according to prominent crypto analyst EGRAG CRYPTO (@egragcrypto).
The analyst believes XLM could surge as much as 2,922% to $3.5. This would represent a meteoric rise for XLM, which is currently trading at $0.1158.
#XLM The Power of Fib Circles 1.414 - Time to Fly:
Fib Circle 1.414 has historically been a key player in rejecting previous market tops, and it's repeating that trend now.
Currently, Fib Circle 1.414 is holding as support, boosting my confidence in #XLM's trajectory towards a point of no return. The initial target lies within the Fib 0.702 range (0.38c-0.42c), marking our first pit stop on this upward journey.🎯
Get ready for the thrill because this cycle appears set to soar to the skies, targeting the stars with Fib 1.618 ($3.5) gleaming like a beacon of achievable success! 🚀🎯✨
Ready or not #XLM will make haters to squeak. https://twitter.com/egragcrypto/status/1728707643387072563/photo/1
— EGRAG CRYPTO (@egragcrypto November 26, 2023
EGRAG CRYPTO bases his bullish prediction on his analysis of XLM price action over the past few months. He has identified technical indicators suggesting that the cryptocurrency is ready to break out of its current trading range and embark on a sustained upward trend.
Recall that an ex-banker recently shared his views that XLM, alongside XRP would disrupt the world of payments. This surge predicted by EGRAG could be the first step.
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One of the key indicators that EGRAG CRYPTO is watching is the Fib Circle 1.414. This is a technical analysis tool used to identify potential support and resistance levels.
EGRAG CRYPTO has observed that the Fib Circle 1.414 has consistently acted as a support level for XLM. He believes that this trend is likely to continue and that XLM is currently trading at a price close to the next Fib Circle 1.414 support level.
Could XLM Reach $3.5?
Employing Fib retracement principles, the analyst identifies the Fib 0.702 range, specifically between 0.38c and 0.42c, as the initial target for XLM’s upward journey.
This range represents the first significant milestone on the cryptocurrency’s path toward the final target. This price range also represents a significant increase from XLM’s current price, but EGRAG CRYPTO believes it is achievable.
However, the analyst’s ultimate target for XLM is even more ambitious. With Fib Circle 1.414 providing a solid foundation, he envisions the digital asset embarking on a remarkable upward ascent, potentially reaching as high as Fib 1.618, which translates to an impressive $3.5.
Although there are no guarantees that XLM will reach these targets, the cryptocurrency market is notorious for shocking price surges. EGRAG CRYPTO’s analysis comes from a solid understanding of technical analysis and market trends, and his predictions could be close, if not exact.
Although EGRAG CRYPTO’s target is high, Google Bard, an AI-powered chatbot recently weighed in on the possibility of XLM reaching $0.5.
DISCLAIMER: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Stellar

The rally in financial markets continued as Bitcoin maintained its position above $35,000 and major American indices had their best week of the year. This positive trend was supported by improved market sentiment due to the pullback in the US dollar index, the decline in bond yields and the increase in the fear and greed index following the Federal Reserve's decision to leave interest rates unchanged.
Ripple's #XRP has surged a significant 65% from its August low to $0.7320 following the dismissal of a lawsuit by the US Securities and Exchange Commission. This marks a significant recovery for the digital asset, which has been under regulatory scrutiny for some time.
In other cryptocurrency news, Alchemy Pay's token rose as high as $0.021. It is speculated that the rise was triggered by hints of ecosystem news confirmed by a tweet that #Binance , one of the world's largest cryptocurrency exchanges, had approved it for leveraged trading.
Various other digital tokens also witnessed gains amid risky market sentiment. #Stellar Lumens (XLM), The Graph (GRT), Injective and Gala all experienced growth. Exchange tokens such as #Uniswap (UNI) and #Cronos (CRO), which increased by 58% during this period, also increased.
The ongoing rally in financial markets and the positive performance of various cryptocurrencies highlight the current optimistic outlook among investors. With major indices performing well and digital assets gaining traction, market participants will closely monitor future developments.

After a steady increase, Stellar lumen price saw a rejection pattern near the $0.1240 zone against the US Dollar. The XLM/USD pair traded below the $0.1200 support and tested the $0.1150 zone.Stellar lumen price is attempting a fresh increase from the $0.115 zone against the US Dollar.XLM price is now trading above $0.1200 and the 55 simple moving average (4 hours).There is a key bullish trend line forming with support near $0.1218 on the 4-hour chart (data feed via Kraken).The pair could start a decent increase if there is a clear move above the $0.1240 resistance zone.Stellar lumen price is trading above $0.1200 against the US Dollar, like Bitcoin. XLM price must clear $0.1240 to gain bullish momentum.Stellar Lumen Price Analysis (XLM to USD)After a steady increase, Stellar lumen price saw a rejection pattern near the $0.1240 zone against the US Dollar. The XLM/USD pair traded below the $0.1200 support and tested the $0.1150 zone.A low is formed near $0.1146 and the price is now attempting a recovery wave. There was a break above the $0.1200 resistance zone. The price climbed above the 76.4% Fib retracement level of the downward move from the $0.1234 swing high to the $0.1146 low.XLM is now trading above $0.1200 and the 55 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.1218 on the 4-hour chart.On the upside, the price is facing resistance near the $0.1240 zone. The next major resistance is near the $0.1255 level. A clear move above the $0.1255 level might send the price toward the $0.1288 level or the 1.618 Fib extension level of the downward move from the $0.1234 swing high to the $0.1146 low.Any more gains could lead the price toward the $0.1350 level or even $0.1400. Initial support on the downside is near the $0.1220 level or the trend line.The main support is near the $0.1190 zone. Any more losses could lead the price toward the $0.1165 level in the near term, below which the price might even retest $0.1150.The chart indicates that XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). Overall, the price could start a major increase if there is a clear move above the $0.1240 resistance zone.Technical Indicators4 hours MACD – The MACD for XLM/USD is gaining momentum in the bullish zone.4 hours RSI – The RSI for XLM/USD is now above the 50 level.Key Support Levels – $0.1200 and $0.1165.Key Resistance Levels – $0.1240, $0.1288, and $0.1350#Stellar #dyor

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The Stellar Development Foundation and Certora are working together to make Soroban’s smart contracts more secure. Certora’s advanced tools will regularly check and improve the smart contracts, ensuring they remain strong and safe.
In a recent announcement, the Stellar Development Foundation and Certora have partnered to boost security on the Stellar smart contract platform called Soroban. This collaboration will use advanced methods to make smart contracts more secure, addressing key challenges in their development and use. Stellar’s tweet highlighted the importance of this step in strengthening blockchain security for the digital age.
In the highly competitive world of smart contracts, security is absolutely crucial. These self-executing contracts manage significant financial assets and are open for anyone to inspect, making it vital to prevent vulnerabilities. Smart contracts, once deployed, are hard to change due to the strict rules of blockchains. Certora, well-known for its advanced verification tool, helps developers thoroughly check their code to minimize these vulnerabilities, providing greater peace of mind.
Certora’s Unique Method
Mooly Sagiv, the CEO of Certora, stressed the importance of being proactive during the development process. He learned from DeFi (Decentralized Finance) that delays in using tools and audits often lead to identifying problems only after they’ve been exploited. He said, “Certora’s tools can help developers create specifications before finishing the code to ensure safe and reliable applications. We’re excited to be a part of the Soroban ecosystem.”
Certora’s software, which is the result of two decades of academic research, uses a special method called Formal Verification. This method is like a thorough grammar check that carefully examines the code to make sure it does what it’s supposed to do, catching any potential mistakes. This rigorous checking helps prevent major errors, like the well-known Vyper compiler bug. Additionally, Certora has a strong track record of fixing more than 100 significant security issues in popular DeFi protocols, making their tools a valuable defense for developers.
Empowering Soroban’s Smart Contracts with Certora’s Assistance
Soroban, which uses a special format called WASM designed for blockchains, provides a versatile environment for developers. It supports many programming languages and tools, making it easy to create applications on the Stellar network. When you add Certora’s security checks into the mix, Soroban becomes an excellent choice for developers, enhancing trust in the platform.
This partnership also gives over 100 existing projects on Soroban access to Certora’s advanced verification tools. Together with Soroban’s built-in testing and security features, this creates a strong and secure DeFi (Decentralized Finance) ecosystem right from the start.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#CryptoMarket #Bitcoin #CryptoNews #Stellar #XLM

On July 13, the price of #Stellar Lumens witnessed a notable surge, reaching a fresh yearly high. Though it has experienced a subsequent decline, the price action and indicator readings across various timeframes remain favorable for a bullish trend reversal. These indicators indicate that the upward movement in price is far from over and may potentially lead to another new yearly high.

XLM saw a steep decline after reaching its all-time high, forming a long upper wick. However, it has held above the $0.13 level, acting as reliable support. The daily RSI is retreating from overbought territory, suggesting consolidation after the rally, while the MACD remains bullish with the histogram above the signal line.

After breaking out of its tight trading range, XLM surged to a yearly high of $0.1977. However, this bullish momentum was met with a sharp retracement, causing the price to dip close to the $0.1250 support level. Currently, the price is hovering just above this crucial level, and signs of a potential rise are emerging.

XLM is facing resistance at $0.1450 and a major hurdle near $0.1500. A decisive break above $0.1500 could pave the way for a potential rally towards the $0.1620 level, which aligns with the 50% Fibonacci retracement level. If the bullish momentum persists, the price might further advance towards $0.180 or even reach the $0.1950-$0.2000 range.

On the downside, if XLM fails to surpass the resistance zone at $0.1600, initial support may be found near the $0.1250 level. The primary support area is situated around $0.1100. In the event of further losses, the price could potentially drop to $0.1000 in the near term. In a more bearish scenario, a retest of $0.0908 may come into play.

According to CoinGabbar Price Analysis estimates that the market capitalization of this #XLM is $3,787,410,130. The 24-hour trading volume of the coin is around $261,187,796.

KEY LEVELS :

RESISTANCE LEVEL : $0.1450-$0.1550

SUPPORT LEVEL : $0.1300-$0.1250

Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

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