Stellar Lumens: a new roadmap for 2021 unveiled
Stellar Lumens: a new roadmap for 2021 unveiled
Blockchain

Stellar Lumens: a new roadmap for 2021 unveiled

By Amelia Tomasicchio - 6 Feb 2021

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Stellar Lumens has presented its new roadmap for 2021, explaining what it intends to achieve during this new year.

Given the problems faced by Ripple and XRP with the SEC, its first rival and competitor, Stellar is making a comeback in terms of interest among crypto users and indeed it is increasingly present in the latest trends at Google.

Not surprisingly, the team begins by saying: 

“Our vision for 2021 is based on our belief that this is Stellar’s year to grow in meaningful ways – growth of the number of entities building on Stellar, growth of relevant transaction volumes on Stellar, and growth of the number of people that know about Stellar.”

Stellar’s goals for this year, and thus the efforts outlined in the 2021 roadmap, are to: 

  • increase the use of its blockchain by developers to create more dApps, 
  • to have a greater number of users who are familiar with the platform and use it,
  • and of course – and here is the competition with Ripple – to increase the use cases for cross-border payments.

In essence, the roadmap will therefore be aimed at improving the technology, increasing partnerships and marketing.

Stellar roadmap: Meridian returns

In addition, Stellar plans to increase liquidity and encourage users to give advice and help. 

“In collaboration with ecosystem participants, we will explore whether and how to improve liquidity through proposals such as automated market makers and additional integration with OTC liquidity solutions”.

There are also plans to invest in security to avoid the bugs that could arise as the ecosystem grows.

The program, however, does not highlight precise dates like in a real roadmap, so this document seems more like a small update on the development of the project but without providing the precise steps in terms of time.

In 2021 we will also see another Meridian event, a multi-day online conference in which the exponents of this blockchain will speak to take stock of the present and future of Stellar. This Meridian event was also held last year, during which the new stablecoins were announced.

In the meantime, XLM, Stellar’s crypto, is up 8% in the last 24 hours, standing at $0.35. It is therefore still a long way from its ATH of 93 cents, even though the price has more than tripled in the last 90 days.

Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist. She is also a marketing teacher at Digital Coach in Milan and she is writing a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector.

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