- Stellar’s (XLM), the 13th largest cryptocurrency by market capitalization, the foundation took place in 2011.
- Since its historic positioning of an all-time high in 2018, Stellar has been hovering around the bearish market.
- Meanwhile, the Stellar recently moved on Twitter to announce its 2nd annual Meridian conference
Stellar’s (XLM), the 13th largest cryptocurrency by market capitalization, the foundation took place in 2011. Stellar recently announced the Second Annual stellar Meridian Conference For 2020.
Stellar as the open-source competitors of Ripple
The Stellar network is an open-source, community-owned network that enables cross-asset transfers of value intending to reduce the cost and time required for cross-border transfers.
Since its historic positioning of an all-time high in 2018, Stellar has been hovering around the bearish market. Moreover, its rank was as one of the worst performers alongside XRP in the past few years.
Amid May 2020, Stellar contended to carry on the bullish run as it failed to overcome at $0.0757. Moreover, The consideration of XLM takes place as the open-source competitors of Ripple’s XRP.
Besides this, the work of Jed McCaleb backs both the assets. Later, he gained compensation of 9 billion XRP tokens.
The upcoming Meridian conference
Meanwhile, the Stellar recently moved on Twitter to announce its 2nd annual Meridian conference. The event is going to commence on coming November 16 to 20, 2020.
Mark your calendars: Stellar's 2nd annual Meridian conference is set for November 16 to 20, 2020 — coming to you as a virtual event, free for everyone.
Sign up at https://t.co/lTX2zeFlfC to get the latest on speakers, program, and be the first to know when registration is open! pic.twitter.com/xKsKPuAP4O
— Stellar (@StellarOrg) May 20, 2020
Additionally, Stellar revealed that this virtual event is free for everyone. The interested users can know more by signing up on the official website of Stellar.
Furthermore, the first Meridian conference of Stellar took place in Mexico last November 2019. Where both Steller and Ripple’s Swell conferences coincide that was quite strange for the investors.
At press time, the price of XLM is $0.069083 with a drop of 1.67%, and holds a market capitalization of $1.4 billion.
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