Stellar Lumens (XLM) Gets on the List of Crypto Alongside BTC and ETH on CNBC. Mainstream Adoption Incoming?

A Stellar Lumens enthusiast took to Twitter a few days ago to compare the carbon emission footprint of Bitcoin (BTC), Ethereum (ETH), Stellar Lumens (XLM), and the payment giant Visa.

Considering the data shared by the user, Stellar Lumens (XLM) came on top as an asset with the lowest carbon emission footprint, which makes it the best for payment and the environment.

Read Also: World’s Leading Asset Manager with over $1.4 Trillion To Issue New Fund on Stellar Blockchain

How It Started With Elon Musk

The carbon footprint of cryptocurrencies, especially Bitcoin (BTC), the first and largest cryptocurrency, has been a hot topic in the crypto ecosystem over the past week.

The discussion was initiated by the CEO of Tesla, Elon Musk, who slammed Bitcoin miners for using fossil fuel for their mining operations rather than renewable energy.

The billionaire tech expert decided to temporarily remove Bitcoin (BTC) as Tesla’s payment option until the issue with carbon footprint is addressed and renewable energy constitutes Bitcoin mining operations.

Read Also: Square Has No Plans for New Bitcoin Purchase, Says Carbon Footprint Must Be Addressed

The action initiated a major drop in the price of Bitcoin (BTC) and other cryptocurrencies. The crypto market is still struggling to recover from the devastating crash.

Stellar Lumens (XLM) Is Better For the Environment

Ever since, various crypto projects have been coming up with proofs that make them the greenest in the crypto ecosystem, which prompted a Stellar Lumens community member to share the data that compares Bitcoin, Ethereum, Stellar (XLM), and Visa in various aspects, including Primary Function, Funds Cleared, Transactions per second, Transaction cost, Energy per transaction and Carbon emitted per transaction.

Considering the data, Stellar Lumens (XLM) leads in every aspect, especially the carbon emitted per transaction, which makes the digital asset the best for payment and environment among the other three means of payment on the list.

Read Also: Grayscale Keeps Buying XLM as Institutional Interest in Stellar Increases; Horizon 2.0 Released

Captioning the image of the data, the user tweeted, “Hey Elon Musk, Stellar Lumen’s (XLM) CO2 emissions footprint is tiny! Best and more importantly proven crypto there is.”


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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.