Stellar, one of the top 10 cryptocurrencies in the world has been consistently updating and keeping itself ready for the bullish market.
Stellar is a platform which connects banks, payments systems, and people. It Integrates to transfers money quickly and reliably at low cost.
Stellar just announced an update for ‘Java SDK’ for the Stellar network. They have made improvements to Protocol and Horizon API compatibility. Also, issues are fixed with endpoint streaming, and more.
Stellar is inviting developers to contribute to the stellar-java-SDK development by creating a GitHub account.
On the other hand, Stellar Development Foundation is releasing a new ticker API to provide the latest data about Markets, Issuers, and Assets on the Stellar Network.
The new ticker will provide a backend API with the similar functionality as the previous one, in addition with:
- New data about Markets, like OHLC (open-high-low-close) values and 7d stats
- Orderbook statistics (no of bids, asks, spread, etc) per Market
- A list of all active Assets in the network.
- A GraphQL interface to query data about specific Asset Pairs like e.g. XLM / EURT or aggregated like e.g. XLM_EUR within an random time interval, as well as listing Assets and Issuers.
What is a Ticker and why is it important?
A stock ticker provides report of the price for certain securities, updated continuously throughout the trading session by the various stock exchanges.
A “tick” means change in price, whether it is up or down. The stock ticker \displays these ticks, along with other relevant information like ‘volume’ , which investors and traders use to stay informed about current market conditions.
According to the Stellar Network, a ticker offers the data associated with different trade Asset pairs (e.g. XLM and USDT), which is called as Markets.
A ticker is necessary to provide an accurate overview of the market activity at any given instant.
According to the coinmarketcap site, Stellar coin is in the 9th place with a Market Cap of $2,415,410,868 and circulating supply of 19,185,276,888 XLM coins, Stellar sells for $0.125899 with 24-hr volume at $707,750,313.
Overall, if you’re looking out for a major altcoin with the potential to see compelling growth in 2019, Stellar is a good choice.
With great team and fundamentals backing the project , the technical part appears strong, and also there appears a little risk when you think to invest in Stellar for the long term.
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