Stellar (XLM) Prices Soar Nearly Double in Two Weeks: What's Behind the Surge?

On the 16th, the Stellar (XLM) project announced that Jose Fernandez da Ponte, who led the launch of the stablecoin 'PYUSD' at major payment company PayPal, has joined the Stellar Development Foundation (SDF). Da Ponte has taken the helm at SDF, also serving as the Chief Business Growth Officer. At the time of writing this article, Stellar's price has risen over 300% year-over-year and more than 4% from the previous day. In the last two weeks alone, it has shown a remarkable increase of approximately 93.3%, outperforming many major altcoins. Stellar's blockchain is more than just a cryptocurrency...