Entity

XLM

XLM is the native cryptocurrency of the Stellar network, a decentralized payment platform designed to facilitate fast, low-cost cross-border transactions and asset tokenization.

Why it’s in the news: It is in the news due to a significant price increase, outperforming the broader CoinDesk 20 index and other major cryptocurrencies like Bitcoin.

Latest on XLM

  • CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines
  • Bitcoin rallies after Japan rate increase with XLM, INJ, UNI advancing

Connections

6 entities linked to XLM across the news graph.