The Stellar Network continues to grow not only in terms
of market capitalization but also in the interest it
generates in the public. XLM favorable behavior has led
it to increase its price to the point of surpassing Bitcoin
Cash , displacing it from fourth place in the ranking of
most important cryptocurrencies by capitalization.
According to data obtained from Stellar Expert, a Block
explorer and analytics platform for Stellar Network, its
growth has been especially strong during the last half of
the year.
Stellar started the year 2018 with 162,847 active
accounts. By mid-year —in the climax of a bearish streak
— over 512k accounts had been registered. However,
after that, and during the last semester of 2018, Stellar’s
expansion was remarkable, exceeding 2 million active
accounts.
These figures represent more than ten times the number
of users the network had at the beginning of 2018 and
five times the number of registered users registered at
the start of the second half of the year.
Stellar’s official Reddit account shared the news with
emotion, commenting that “It took almost four years to
get from 0 to 1,000,000 accounts, and only two months to
double the number” This prompted a series of responses
in which users shared their impressions about what
could be the causes of such extraordinary growth.
For many users, the most important causes of growth are
the massive airdrop conducted on the occasion of the
partnership between Stellar and the famous
Blockchain.com wallet and the exponential growth of
Diruna , an Indonesian project that seeks to develop a
Marketplace based on Stellar technology.
The airdrop announced by the Stellar Foundation
consisted of more than $20 in XLM for every user of the
famous Blockchain.com wallet (formerly known as
blockchain.info) and its hardware wallet. The total
amount of the airdrop is $125 million, making it the most
substantial airdrop token in the history of
cryptocurrencies.
Likewise, the growth of the Diruna project has registered
more than 1,000,000 active accounts, which makes it one
of Stellar’s most important developments. Diruna is an
online marketplace project that allows payments in DRN,
a token that runs on Stellar’s blockchain.
Source :
https://ethereumworldnews.com