On Tuesday, Stellar coin has surged to 33 percent. This is due to the token being added to the trading platform, OKEx. The creator of this coin, is the same one that founded the best performing coin of 2017, Ripple. Jed McCaleb has had a stellar year, and his current project is Stellar coin. Currently the coin ranks number 8 in market caps and is valued at $10 billion. Within just a week, the token has doubled. Last week it was priced at $0.22 cents and today it is at $0.56 cents. Currently, Binance, Bittrex, and Poloniex have the largest volumes of Stellar and prices have been steady on these exchanges.
The Hong Kong trading exchange, OKEx has added the token to its platform. The exchange is the fifth largest on the list. The addition has caused Stellar’s rise in the market. So far, OKEx has only processed $1.4 million worth of Stellar, but this should escalate with more buyers who are coming back from holidays. Stellar has also paired with Pundi X, which will introduce their coin XLM, to Indonesian markets. This will also promote the usage of the Indonesian currency and global trade.