Stellar (XLM), Cardano (ADA), and Tron (TRX)

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The cryptocurrency market surged towards the second-half of the week but will most likely end Friday in the red. At press time, the total cryptocurrency market is trading just below the $270 billion mark. Some of the coins with movement today include Stellar (XLM), Cardano (ADA), and Tron (TRX).

Let’s take a look at these three altcoins and their progress this week.

Stellar (XLM)

Stellar just made a huge announcement via Twitter less than a day ago. The project has been flying under the radar this year with its movements, but its recent unveiling of StellarX is huge news for the non-profit.

StellarX is a peer-to-peer marketplace that is free to use. It will be open to the public this summer and users are able to get on a waitlist. It will be listing far more assets than just XLM and will be run on the Stellar universal order book. There will be no middlemen or miners, and the trades occur directly from wallet-to-wallet.

At press time, Stellar (XLM) is trading at $0.204 a coin, down -2.92%, in 24 hours.

Cardano (ADA)

Charles Hoskinson, co-founder of Cardano, released a new update on Cardano just two days ago.

The video has pulled in nearly 22K views, and the new way of updating the Cardano community is being received well. The Cardano project puts out weekly technical reports, but it seems investors like a more personal video update instead.

Cardano has just updated its interactive roadmap and has added a new language called Marlowe. Marlowe is a financial domain specific language (DSL) and will allow businesses to execute financial smart contracts on the Cardano infrastructure. The language is currently 30 percent complete.

There were many other updates discussed in the video above, regarding all the things the dev team at Cardano are working on.

At press time, Cardano (ADA) is trading at $0.145 a coin, down -4.61%, in 24 hours.

Tron (TRX)

Tron went through with its ‘independence day’ on June 25th, but it seems all of the exchanges have yet to complete the token migrations. It was anticipated that it would only take a short amount of time for each exchange to complete the process, but it may end up taking weeks.

Currently, the exchanges that have completed the token swap include:

  • Bjex
  • Bitforex
  • Cobo
  • Coinfalcon
  • Gate.io
  • Huobi
  • OKEx
  • Upbit

TRX has declined to the 12th largest cryptocurrency as a result of this. It remains unknown what will happen with the price of TRX when all exchanges open TRX withdrawals and deposits.

At press time, Tron (TRX) is trading at $0.0366 a coin, down –5.93%, in 24 hours.

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Featured image: maxkabakov

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