Ripple competitor Stellar (XLM) is up 17% weekly as XRP optimism spills over XLM Lumen $XLM Blockchain Stellarfamily
According to on-chain analytics firm Santiment, two factors might have contributed to XRP's recent rise: increased trader optimism and high whale movement. Trader optimism increased amid positive developments in the ongoing Ripple lawsuit. In a 2020 suit, the SEC accused Ripple and its top executives of selling unregistered securities.
The case could impact hundreds of other digital coins, including XLM, and it is anticipated that it will help define the commission's ability to regulate cryptocurrency assets.For the first time in August, Grayscale indicated that ZEC, ZEN and XLM"may currently be a security, based on the facts as they exist today," which marked a significant shift from its position in May and June that the trio would eventually be regarded as securities.
Grayscale stated then that it was"responding" to SEC officials from the Division of Corporate Finance and Enforcement, the investigation branch that lately increased its oversight of cryptocurrencies.Tildamail has announced an integration for over seven million Stellar accounts to plugin to send and receive private emails, files and USDC payments today. Here, USDC would be sendable within seconds, like an email, on Stellar.
Announcing the development, Tildamail, via a tweet on its official page, revealed it has partnered with Stellar to design the initiative.
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