Today’s Video Briefing takes another look at Stellar Lumens, a star-studded token with a lot of things going for it. Created by Ripple co-founder Jed McCaleb, the Stellar protocol shares many of XRP’s advantages, including split-second settlement times and an eco-friendly footprint with no mining. But is that enough for Stellar to reach the stars? Kiana takes a look at some industry heavyweights who are throwing their weight behind XLM.
Next, Kiana takes a look at Stellar’s daily charts to see if this ship really can jump to lightspeed. Measured against bitcoin, the value of lumens appears to be at the lower end of its historical range, which could indicate a possible bottom – depending, of course, on how the rest of the market reacts.