One crypto asset that has leapt into the limelight of late is #Stellar (#XLM) and at one point rose above the great crypto giant that in #EOS on #CoinMarketCap (#CCM) list.
However, let's look at some simple facts. First of all, the 24-hour trading volume for Stellar is $58,525,568, whereas for EOS it stands at $623,901,318 and Ethereum is $1,698,395,241. This might be a meaningless statistic to some so let's move on. Since there are no standard valuation metrics that apply to crypto and blockchain assets, it is time to turn creative. Logic dictates that transaction volume should be one of the key underlying factors that drives the price of the said asset.
#Stellar has defied gravity, but is the reality about to set in? is it really ready to challenge the big boys and aren't there more "ready" projects out there. Image 1 #XLM and image 2 #XRP - price vs adjusted transactions volume.
Feels like a big pump but then again, who knows #ETH #BTC