3 Reasons This Next Big Crypto Is Favored to Outpace Stellar, Dogecoin, and Polygon in Reaching $1

Stellar Lumens (XLM) is a coin that has been historically relevant in the crypto world, mirroring XRP because of their common origin. Recently, Stellar’s price hit $0.4675, having gained nearly 50% from its December low. Its daily trading volume has surged by 80.76%, hitting $1.25 billion, but Stellar’s ecosystem faces notable limitations.

With only 11 DeFi applications and a TVL of $53 million, it is difficult to justify the Stellar market cap standing at $13 billion. At the same time, newer blockchains like Base skyrocketed and stood at more than $3.87 billion of TVL in comparison with Stellar. The recent bullish wedge could be an optimistic sign of an upward move until $0.6375 but Stellar has lagged behind regarding innovation and…

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