XRP Rival Stellar (XLM) Reported 172% Increase in Payments

According to the latest reports, it seems that XRP rival Stellar (XLM) saw a significant increase of about 172%. Check out the latest exciting reports about the issue below.

XRP rival Stellar (XLM) is reporting a healthy 172% increase in payments in 2022 in addition to other positive numbers.

According to a new blog post by Stellar founder and CEO Denelle Dixon, the global payments platform has been posting “astronomical” numbers in 2022. It’s important to note the fact that this has been happening despite an ongoing crypto winter.

Dixon highlighted the fact that Stellar saw more rise in just one quarter of this year than it did in all of 2021.

“Last year, we celebrated that Stellar hit 1 billion operations in two quarters. This year, Stellar nearly hit 1 billion operations in one quarter alone, in addition to passing another huge milestone – more than 7 million accounts on the network!”

The notes continued and revealed this:

“This growth has been really impressive and heartening because it’s proof that people are using Stellar to power real-world utility, innovation, and financial inclusion across the globe.”

As the online publication the Daily Hodl notes, XLM also posted positive numbers across the board. The digital asset has been seeing a “73% increase in total assets, a 17% increase in total assets, and a 92% bump in total operations processed.”

An analyst and trader known for calling the crypto market collapse of May 2021 said that Bitcoin (BTC) is now flashing historical signs of a new bull run.

The pseudonymous trader known as Dave the Wave said recently that Bitcoin’s moving average convergence divergence (MACD) indicator is at a level that in the past led to fresh bull runs. Check out our previous article in order to learn more.