As the crypto industry grows toward global adoption, there are some digital assets that are have some really impressive fundamentals and the crypto users are looking forward that how influential would it be?
There are about more than 2000 cryptocurrencies in the market and Stellar (XLM) being ranked 6th in that place is really taking over the banking world with its technology. A highly rated crypto, Stellar (XLM) provides with a fast speed for transactions.
A year of the massacre for digital currencies, 2018 has ended in red and this year it is expected to bring fortunes for the crypto world. On a positive note, Stellar (XLM) collaboration with IBM is certainly expected to change the cross-border payment system. IBM is one of the finest and top computing brands in the entire world.
IBM alliance is set to take XLM to a new height and thrive the growth of Stellar (XLM) network. In the coming time, we would see more XLM demand in the market, as its adoption would grow from this partnerhsip.
At the moment the biggest competitor to Stellar (XLM) is Ripple’s (XRP). But the XLM/IBM alliance is a really strong combination and as an outcome the IBM Blockchain Word Wire (BWW) came up. The BWW is there to develop solutions for the better transactional experience for the users. The basic idea is to provide a swift, reliable and low-costed cross-border payment system.
This will revolutionize the world because in such a fast-moving and innovating global village, where new technologies are being discovered every new day, this invention could be a breakthrough in the banking system if all things go according to the plan.
Stellar (XLM) provides with a top-notch feature of high speed and greater affordability. Providing users with a low-cost transaction rate is a big win for the crypto industry because previously users had to pay massive amount of money for transferring of money across-borders and last but not the least, the decentralization system which makes it perfect for the micropayments. Moreover, one big advantage of Stellar is that it has a use case in asset tokenization.
So, all this makes Stellar (XLM) and IBM to work together not only to improve the banking system but they are also focusing the unbanked and other financial organizations. This will help them to spread their network with much across wider space. At the moment, IBM and Visa are working together and such collaborations could be very fruitful for Stellar (XLM).
Moving on, expectations from Stellar (XLM) are very high and its technology improvements make it a credible investment option. At the moment investing in Stellar (XLM) can bring a huge amount of money for investors. The users should keep an eye on XLM, how it goes in the Q1 of 2019.
Having a look at the market performance of Stellar (XLM), it was trading with a price of $0.114 with a market cap of $2 billion and a trading volume of $89 million. Expecting the network to grow much widely in 2019, we could see XLM have a good run.