According to a recent tweet by the Turkish Stellar community, the 14th ranked XLM token has become the third favorite asset class on the Coinbase exchange.
However, recent data from Coinbase shows that XLM is among the five most popular asset classes on that platform. Filecoin (FIL) is at the top of that list, Decentraland (MANA) in third place.
Filecoin (FIL) starts things out on that rundown, Decentraland (MANA) is on the third position. A week ago, Grayscale set up five new trusts dependent on altcoins, including FIL and MANA. In the course of the last 24 hours, FIL has taken off more than 40% as it has seen a significant inflow of excavators and financial backers from China.
Made by the previous Ripple CTO (and one of Ripple fellow benefactors) Jed McCaleb, Stellar pursues comparable focuses to Ripple Labs – settlements and associations with monetary establishments.
Absurd week, XLM has been declining from its new pinnacle of $0.44 per token. On March 25, it hit a low of $0.25. At press time, XLM is sitting at the $0.38 level, showing a 2.16-percent ascend, according to the information from CoinMarketCap.