Altcoins News

Story: Stellar Lumens Protocol 17 Bringing Regulated Assets on XLM Blockchain

By Steven Anderson

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Stellar Protocol 17 is coming soon and introduces a new feature that opens up new possibilities for issuing regulated assets on the Stellar network.

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Reportedly, On Tuesday, June 1, 2021 at 1500 UTC, Stellar validators will vote on whether to upgrade the network to Protocol 17.

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This version of the protocol consists of a new Asset Clawback feature. Those who are developing on Stellar, should install an up-to-date versions of all Stellar-related software…

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If the validators vote to accept Protocol 17, the upgrade will take effect immediately.  Since all new software are backwards compatible with the current protocol, the best…

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For exhaustive details developers will have to check the Protocol 17 upgrade Guide.

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The community were like: Thankful for some news that isn’t all about price!

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Regarding the Stellar price going down an investor stated:  I just started investing about a month ago and the dip made me feel good.

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An exaggeration read like:  Future millionaires were made with those entry points.

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A justification of the drop read like:  At least we now can see that XLM is quite stable compared to other coins.

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Regarding the price trend it was recently observed:  “XLM is moving inside a channel where it is strongly supported at the grey zone and 21 EMA on Daily which is pretty…

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Community talks:  Many of them are done with their Dip buying and they are not buying anymore as they have invested their maximum.

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The Stellar Lumens is an eco-friendly green coin like XRP per community. BTC is not kind and it does not look like XLM will touch any all-time high very soon.

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