It’s another red day in crypto. However, for long-term investors, this is the time to accumulate on good cryptos. But with so much hype in the market, it is easy to get confused by worthless projects that are passed off as good projects. Luckily, there are a few giveaways that can help an investor tell a good crypto from hot air. Two of these giveaways are adoption levels and compliance to regulations. Using these two parameters, it is easy to tell that projects like Electroneum (ETN) and Stellar (XLM) are worthy long-term holds.
Electroneum (ETN) meets the two parameters above quite well. On adoption, Electroneum holds more potential than most cryptos out there. First, it is designed for instant crypto payments and easy integration with merchant website. This is a huge incentive for consumers to use it in quick money transfers without the costs and other issues that come with existing payment systems. Besides, its mobile miner is an incentive enough to push up its adoption. That’s because most people always marvel at the opportunity to make some extra money, and the fact that Electroneum offers an easy way to do so makes it an attractive investment to many people.
On regulations, Electroneum is one of the most compliant cryptos out there. It is fully compliant to KYC, and this means that it can easily partner with mobile service providers and other strategic organizations all across the world. All these issues place Electroneum (ETN) in a good position in terms of the potential for adoption. As it gains more users all across the world, Electroneum (ETN) will see significant gains in the long-run.
Stellar (XLM) is another project that is well-positioned to thrive in the long-run. Like Electroneum (ETN), Stellar (XLM) is gaining in adoption and has the potential to gain even more going into the future. That’s because stellar is making huge gains in the cross-border payments market. This is all thanks to the partnership that stellar has with IBM. Yesterday, the central bank of Azerbaijan announced that it will be working with IBM on blockchain technology. While the partnership is with IBM, IBM works with stellar on matters blockchain, which means that by extension, stellar is part of this deal. This is one of the growing list of financial institutions that are using the stellar blockchain. Through the IBM Blockchain World Wire, the stellar blockchain stands to gain a significant presence in the cross-border transfer market. Stellar’s adoption potential also looks good in asset tokenization.
Recently, news emerged that Colliers, a major real estate company would be tokenizing on the stellar blockchain. Asset tokenization, once it gains momentum will be huge business, since it offers a cost-effective way for businesses to raise financing. As it gains momentum, it will add significant value to the stellar blockchain going into the future.
In terms of regulations, stellar has some of the lowest risks of conflicts with regulators in the blockchain space. That’s because stellar is a decentralized open source blockchain. This means that stellar (XLM) has close to zero risk of being declared an unregistered security in the U.S. Stellar also has a compliance protocol that makes it easy for financial institutions to be compliant to KYC and AML laws. This places stellar (XLM) in a good position going into the future.
Interestingly, Electroneum (ETN) and Stellar (XLM) are among the best performers in the market for the last couple of weeks. This could be an indicator that their fundamentals are finally getting appreciated by investors.