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Tag: Upsurge

XLM Token Eyes Upsurge Amid Bullish Divergence for Gamers

XLM Token Eyes Upsurge Amid Bullish Divergence for Gamers

Understanding the Stellar Blockchain's Recent Struggles and Possibilities In the bustling world of cryptocurrency, Stellar has been a name synonymous with payment-focused blockchain initiatives However, recent times have posed significant challenges for Stellar, notably affecting the performance of its native token, XLM The valuation of XLM has seen a sharp drop, falling by upwards of 44% from its peak earlier this year, a decline that marks a significant underperformance compared to giants in the space, such as bitcoin and ethereum Ecosystem challenges A decade after its inception, Stellar's journey to carve out a significant niche in the payment industry encounters ongoing headwinds One of the more stark illustrations of its uphill battle is seen in the performance of stablecoins within its ecosystem, primarily USD coin...

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