Latest news with #Soroban
The Citizen
08-06-2025
- General
- The Citizen
Gr 3 learner shines at Abacus nationals
A Grade Three Crawford International Ruimsig learner, Alicia van der Merwe, has made her school proud by winning a prestigious Champion Trophy in the 10th Kyu category at the Abacus Maths Soroban Association of South Africa Competition. The competition was held in Rustenburg, and it brought together 159 top achievers from across the country, with each having qualified through regional events. Alicia began her journey with Soroban (Japanese abacus) in Grade R under her Sensei from Abacus Maths' guidance. Alicia has also successfully passed her international grading exams, ensuring her skills meet global standards set by the AbacusKing International Abacus Mental Arithmetic Alliance. Some of her notable achievements include: • 2022: Top Achiever – 12th Kyu (Regional) • 2023: Silver – 11th Kyu (National) • 2024: Champion – 11th Kyu (National) | Gold – 10th Kyu (Regional) • 2025: Champion – 10th Kyu (National) At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Yahoo
30-05-2025
- Business
- Yahoo
XLM Price Prediction - What could affect XLM's future price?
Stellar (XLM) price prediction remains uncertain as bullish technical setups and growing institutional adoption are countered by bearish momentum and broader macroeconomic headwinds. - Bullish catalysts: Falling wedge breakout ($0.60–$0.86 targets), Soroban smart contracts, Visa/Circle partnerships. - Bearish risks: Death cross formation, declining volume, Bitcoin dominance stifling altcoins. - Macro wildcards: Regulatory clarity on stablecoins, altcoin season timing. Soroban Smart Contracts: Launched in 2024, Stellar's EVM-compatible platform has driven a 7x surge in on-chain activity, with $54M TVL and $353M stablecoin market cap. A $100M developer fund aims to expand DeFi and RWA tokenization. Institutional Adoption: Large wallets (1–10M XLM) grew 37% in Q2 2025, per on-chain data. Partnerships with Visa (cross-border payments) and Franklin Templeton (tokenized assets) signal enterprise traction. Tokenomics: Fixed supply of 50B XLM post-2019 burn, with 62% already circulating. Scarcity could amplify price moves if demand surges. Bullish Patterns: Weekly chart shows a confirmed falling wedge breakout (target: $0.60–$0.86). The 200-day SMA ($0.333) and Fibonacci 61.8% level ($0.284) are key resistance. Bearish Signals: Death cross (9-day/21-day SMA) and RSI 45.6 suggest short-term weakness. A drop below $0.265 support could trigger panic selling. Altcoin Season Lag: Bitcoin dominance at 63% (as of May 2025) limits capital rotation into XLM. A shift to 'Altcoin Season' (CMC index <50) is critical for upside. Regulatory Tailwinds: Stellar's ISO 20022 compliance and focus on MiCA-ready stablecoins position it favorably in Europe's regulated finance landscape. XLM's price hinges on whether institutional adoption and technical breakouts can override bearish market structure. The $0.265–$0.284 zone is make-or-break short-term. Will Soroban's DeFi growth outpace Bitcoin's dominance in Q3 2025? XLM price prediction is mixed, as bullish technical patterns and rising institutional adoption are tempered by bearish indicators, including a recent death cross. - Bullish technicals: Falling wedge breakout, ascending channel, and $0.28 support. - Bearish signals: Death cross, declining volume, and selling pressure. - Ecosystem growth: Visa integration, RWA tokenization, and institutional accumulation. Traders are divided:- Bullish: Breakout from a falling wedge (May 18) and ascending channel suggest targets up to $0.86. The $0.28 support level is seen as critical for a rebound.- Bearish: A death cross emerged on May 28, with trading volume dropping 62.7% and Open Interest down 6.6%, signaling weakening momentum. Institutional sentiment leans positive, with wallets holding 1–10M XLM up 37% in 90 days. Price projections:- 2030 forecasts range wildly: $0.36 (Kraken) to $14.02 (Telegaon). Most analysts peg $1.29–$2.92 as realistic. Ecosystem developments:- Visa expanded support for Stellar-based stablecoin payments (May 29), boosting real-world utility.- Partnerships with Franklin Templeton, IBM, and Circle for RWA tokenization and cross-border settlements. Technical debates:- Stellar's Proof-of-Agreement (vs. PoS) is praised for accountability but criticized for slower decentralization. Ali Martinez: Highlights $0.28 as make-or-break support; breakout above $0.276 could trigger a rally. JAVONMARKS: Sees a long-term inverse head-and-shoulders pattern targeting $1.29. Institutions: Franklin Templeton and MoneyGram use Stellar for tokenized assets and remittances, reinforcing its niche in compliant finance. Stellar's narrative hinges on balancing technical uncertainty with real-world adoption. While bearish signals dominate short-term charts, partnerships like Visa and institutional accumulation suggest latent upside. Will Stellar's focus on regulated, cross-border finance outweigh its technical headwinds? To get the latest update on Stellar, visit our XLM currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-04-2025
- Business
- Yahoo
CompSecure integrates cold storage wallet with MoneyGram
CompoSecure has integrated its Arculus Cold Storage Wallet with MoneyGram Access, allowing users to conduct cash transactions with the Circle USD Coin (USDC) at MoneyGram locations. This collaboration positions Arculus as the inaugural hardware wallet to offer such a service with MoneyGram Access, enabling the conversion of physical cash into digital currency. The service permits consumers to exchange cash for USDC on the Stellar blockchain and store their digital currency in the Arculus Wallet. The partnership allows users to withdraw cash in local currency at over 440,000 MoneyGram retail sites across more than 200 countries and territories, the remittance firm said in a statement. Additionally, Arculus has received a grant from the Stellar Development Foundation (SDF) to integrate payments from self-custody crypto wallets into traditional payment systems through smart contracts. The grant will also help CompoSecure expand stablecoin payments by developing Soroban smart contracts for Stellar's DeFi Pay system. These contracts will enable payments from self-custody wallets through traditional payment networks like Visa or Mastercard. CompoSecure and Arculus chief product and innovation officer Adam Lowe said: 'This integration enables people to convert physical cash into digital dollars on the highly performant Stellar blockchain and store those digital dollars securely, giving them complete autonomy and control over their assets.' The Stellar network, which the SDF supports, is designed to facilitate the tokenisation and exchange of various forms of value, such as different currencies, to promote global financial interoperability. MoneyGram Access general manager and partnerships head Jon Lira stated: 'At MoneyGram, our vision is to create a world where everyone can thrive without financial borders, creating a future of shared prosperity and opportunities. With MoneyGram Access, we are breaking down barriers by making digital currencies more accessible to everyone—including the hundreds of millions globally who rely on cash.' Earlier this month, MoneyGram partnered with Mastercard to adopt Mastercard Move, an initiative aimed at enhancing the digital transfer of money within the US and internationally. "CompSecure integrates cold storage wallet with MoneyGram " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
