$XLM links to a decentralized payment network for global financial infrastructure
XLM is an open, decentralized blockchain network aimed at global financial infrastructure. In terms of basic information, network design, application scenarios, consensus protocols, developer tools, and its role in the global financial system
The main reasons for this wave of entry:
XLM applied for ETF approval in June; the market tends to speculate on the expectation of ETH's approval to increase market attention.
It has been consolidating at the bottom of the range, and with the recent market rebound and speculative expectations, a large amount of capital has flowed into XLM, driving its rise.
Currently, the focus is still on buying the dips; although there has been a brief pullback recently, ETF funds are continuously flowing into the market, so we still see an overall bullish trend.