Great news for Cardano (ADA) and Stellar Lumens (XLM), the popular altcoins of recent days. You can take a look at our news for the development that can accelerate the two altcoins that have achieved good output.
Great news for Cardano (ADA) and Stellar (XLM)
One of the best performing cryptocurrencies in 2021 was undoubtedly Cardano (ADA). Led by Charles Hoskinson, the former co-founder of Ethereum, Cardano has greatly increased its scaling potential after a series of updates and technical work. On May 7, 2021 (today), ADA broke the all-time record by hitting $1.75. In the chart below, we see the change in the ADA/USD parity.
Please See: The most asked question in the market: Bitcoin or Ethereum?
Stellar XLM, on the other hand, offers blockchain-supported solutions to banks and financial institutions in international fund transfers as an alternative to Ripple.. Stellar is headed by Chris Larsen, co-founder of Ripple.. Stellar also carries the Ripple vision. We see the change in XLM prices in the chart below.
There is a big European-based good news for Cardana (ADA) and Stellar (XLM), which have the vision of Ethereum and Ripple.. Börse Stuttgart, the 2nd largest stock exchange in Europe and Germany, announced that it will list Cardano and Stellar ETNs. In this way, Cardano and Stellar will be listed on a regulated exchange based in Europe.. European institutional investors can easily invest in Cardano and Stellar.
Please See Bank of England President and Elon Musk are warning the same
One of the stock exchange managers, Jürgen Dietrich made the following statements on the subject:
The interest in cryptocurrencies continues to increase. With ETNs, investors will be able to invest in Cardano and Stellar through exchange-traded securities.
Source