I'm exploring the nature of XLM in the cryptocurrency market. Specifically, I want to understand if XLM functions as a utility token, given its various use cases and properties within the
Stellar network.
5 answers
BusanBeautyBloomingStarShine
Fri Nov 01 2024
Lumens can be transferred across the Stellar Network.
DaeguDivaDanceQueenElegance
Fri Nov 01 2024
This allows for quick and reliable cross-border money transfers.
Michele
Fri Nov 01 2024
The
Stellar Network stands out among other digital asset networks.
KpopHarmony
Fri Nov 01 2024
Its main focus is on transactional utility.
Davide
Fri Nov 01 2024
The network utilizes a digital asset called Lumens, or "XLM".