It seems that Stellar Lumens [XLM] is enjoying Green days Since March 7. At the time of writing, the coin was trading at $0.107259 with a major push of 9.51%. Moreover, In terms of market cap and positioning, XLM is now at 7th position overtaking Binance coin.

Advertisement

Reason Behind Rise To A Value 15.35%

A couple of days Prior, the German financial media house, Börsenmedien AG obtained SatoshiPay. It is a crypto-startup that extended micro-payment solutions and had blockchain projects with Stellar, Aergo and Aeternity.

According to Börsenmedien founder and CEO, Bernd Förtsch:

The stake acquisition would allow them to integrate a pay-per-article scheme on their online portals. There’s a gap in between inexpensive content that can be purchased on a pay-per-article plan, without hassle. Satoshi Pay’s nano payment solution represents that missing link that fills the gap. We are excited about our stake in SatoshiPay, as well as the upcoming integration of their solution on our websites.

Well, this partnership pushed the coin up by a relatively significant 15.35 percent against the US dollar over 24 hours, at press time. The Stellar’s blockchain technology was influenced. Hence, allowing the media house to start a pay-per-article scheme. By using Satoshipay’s payment solution to transfer funds from the reader to the publisher.

The Stellar Development Foundation will also provide free credits to new readers, allowing them to purchase content on Börsenmedien AG’s media platform using the SatoshiPay wallet.

Thus, with this relatively major growth, Stellar Lumens succeeded to enter the $2 billion club, and had a market cap of $2,060,978,671 billion, at press time.

What is your opinion on this sudden increase in Stellar? Share your thoughts on our Twitter and Facebook pages.