Stellar Lumens (XLM) has seen a significant increase in its price recently, with a surge of 106% in the past week and 188% over the past two weeks. This rally can be attributed to high-profile collaborations, including a partnership with MasterCard, and endorsements from the United Nations and the World Bank. Stellar Lumens' focus on facilitating peer-to-peer remittances and its low-cost transaction model have garnered support for its role in the evolving global financial system. However, caution is advised for potential investors as technical indicators suggest a potential price correction in the near future. Despite this, the long-term outlook for XLM remains positive, especially considering its growing role in global financial inclusion and the endorsement of blockchain technology by international organizations like the United Nations.
- Content Editor ( invezz.com )
- 2024-11-22
Stellar Lumens price surges on United Nations and World Bank endorsements