Stellar, TRON Get Best Adoption Score as Trader Predicts Bullish $100 Price for XLM
TRON and Stellar blockchain network have just presented another intriguing record amid the dire market situation. Many experts and analysts in the industry have predicted that the year 2020 would bode well for cryptocurrency at large in terms of adoption.
Data extracted from Coinsys by a Tronix community member confirmed that TRON and Stellar Lumen had the best adoption score.
The avid TRON follower, Mike McCarthy, captioned that Stellar had the best score while TRON got ranked as the 2nd best with adoption scores of 78.9 and 77.1 respectively.
NEWS SOURCE LINK:
https://newslogical.com/stellar-tron-get-best-adoption-score-as-trader-predicts-bullish-100-price-for-xlm/
Image Credit: Twitter https://twitter.com/MikeNerdUK/status/1232412523334447105
Mike mentioned that the adoption score is akin to the Network Value Transaction Ratio with focus on the value of actual use.
As revealed in the information, TRON and Stellar had better adoption score/ Network Value Transaction than the likes of Bitcoin, Ethereum and XRP, among others.
The data also confirmed that in the last 7 days, TRON and Stellar again toped the table in terms of transaction volume.
Image Credit: Twitter https://twitter.com/MikeNerdUK/status/1232412523334447105
TRON presented over 6 million transactions in the last 7 days, taking the 3rd position while Stellar, the cryptocurrency with the 2nd highest transactions, recorded over 10 million.
Crypto trader says Stellar Lumens (XLM) Price Would Reach $100 in 2021-2022
During an Inside Stellar podcast hosted by Brian Goldberg, titled ‘Stellar people building Stellar projects,’ crypto trader Yannick Laplante from Canada claimed Stellar Lumens (XLM) is bullish, predicting that the cryptocurrency would likely reach $100 between 2021-2022.
Yannick discussed the priced trend on XLM with 2 basic technical analysis tools. Yannick, on the dynamics of Lumens price, said he’s very bullish on the cryptocurrency. He said the channel of the cryptocurrency is what he uses as a simple technical analysis tool.
The crypto trader furthered that all crypto assets are bound to either go up or down in the market depending on some certain factors. However, Yannick sees evidence of future growth in Stellar Lumens (XLM) with the ascending channel displayed by the cryptocurrency. He said since 2015-2016, XLM has been on this channel.
While predicting the price of the cryptocurrency, trader Yannick said in 6 months, XLM would be reaching $3 and between the year 2021-2022, Stellar (XLM) could spike to $100 market price.
SOURCE LINK: https://newslogical.com/stellar-tron-get-best-adoption-score-as-trader-predicts-bullish-100-price-for-xlm/
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