Coindesk is number one cryptocurrency news portal. It recently published an article where it has mentioned the top 20 digital assets that matter most to the market. Stellar ranks #3 on the list, just after Bitcoin and Ethereum.
Stellar’s value proposition is mentioned as payments but we all know it is much more than that. Stellar network has a built-in DEX that allows anyone around the world to trade digital assets right from their wallet. They are totally decentralized, and you’re in full control of your funds.
Stellar’s marketcap is just 30.83 billion dollars, which is tiny compared to top two digital assets, Bitcoin and Ethereum with marketcap of $644B and $124B respectively. Stellar Lumens is ahead of many popular crypto assets including likes of XRP, Chainlink, Cardano, Litecoin, Bitcoin Cash and USDC which is going to be launched on Stellar network in February 2021.
It is interesting to see that top 20 cryptocurrencies constitute 90% of total exchange volume. This volume has been verified by Coindesk according to their dollar volume and cryptocurrency exchange listings. Find Coindesk’s ranking page here.