Stellar Lumens (XLMUSD)

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7 Cryptocurrencies That Can Triple Your Money in 2022

3. Stellar
I'll be the first to say it: Aside from Bitcoin, payment coin-based networks don't get a lot of love in the crypto space. But if there's one that should, it's Stellar (CRYPTO:XLM), the 27th-largest digital currency by market value.

Imagine you have U.S. dollars in your pocket and you want to send money to a friend or family member in the U.K. Going through traditional banking routes, today's existing infrastructure could take a full week to validate and settle this transaction.

Comparatively, if you were utilizing Stellar's blockchain-based network, your U.S. dollars would be converted into Lumens (XLM, the protocol token of the network), sent to their destination, and converted to British pounds. The time to complete this transaction? About 4 to 5 seconds. That's hitting the send button, validation, and settlement faster than most people can walk to their fridge. And Stellar can handle up to 3,000 TPS, per developers, which blows most blockchain-based networks out of the water.

What Stellar offers is also incredibly cost-effective. The average transaction fee on Stellar's network is 0.00001 XLM. Based on a recent price of $0.274 per Lumen, we're talking about more than 364,000 transactions before a user would even rack up $1 in fees. Compare that to traditional banking fees or even Bitcoin, which regularly sports an average transaction fee of $2 or higher.

Considering that Stellar has a history of landing major partnerships, it's a project crypto investors should take seriously.