Stellar’s Price Dip May Signal Hidden Strength

While Stellar’s (XLM) price has experienced a 7% drop over the past four days, new data suggests this decline may be temporary and might point to a more robust future. Recent analysis reveals an explosive surge in network activity on the Stellar platform. Scopuly reports a staggering 265 million transactions processed within a single 24-hour period – a significant increase of over 300,000 from the usual daily average. This rapid growth is indicative of increased adoption behind the scenes. Some experts believe this surge could be attributed to new enterprise partnerships or growing popularity of decentralized finance (DeFi) projects on the Stellar network.