Wednesday, July 18, the price of cryptocurrency Stellar has grown to $0,31, thereby attaining maximum performance over the past two months. However, about 17:00 UTC on turnover cryptocurrency exchange Bitfinex has exceeded $24 million.

Before long the Stellar rate does not rise above the level of $0.2. With the output increase to the price amounted to 30%.

However, the most notable event was that, according to CoinMarketCap, a coin took sixth place by market capitalization, surpassing Litecoin. During the year the cryptocurrency has risen more than 6300%.

A powerful stimulus for the growth of the price of the coin could be a Stellar receipt of the certificate of conformity to Sharia law.

Also interest in bitcoin from investors may be due to the emergence of new digital currency on the blockchain Stellar from IBM and a startup Stronghold, the price of which is pegged to the us dollar.

Note that the head of the blockchain-direction IBM Corporation Jess Lund expressed support Stellar in may. He said that decentralized platform of the project will be used for tokenization of quotas on carbon emissions.

In addition, earlier this month the exchange Coinbase announced a “possible” listing of Stellar on its site.

Download the app ForkLog for Android smartphones!