What Shipped
November has kicked off with some exciting developments in the blockchain space, especially around projects like Stellar, Hedera, Ripple, Flare Network, and XDC Network. One of the standout announcements is Stellar joining the Chainlink Scale program. This means Stellar will start using Chainlink’s advanced Data Feeds, Data Streams, and Cross-Chain Interoperability Protocol (CCIP). These tools are designed to power the next generation of decentralized finance (DeFi) applications on Stellar’s network.
In addition, Etherfuse, a new project aiming to bring 100 sovereign currencies onchain, is gaining attention. This initiative seeks to digitize real-world national currencies, making them accessible and usable within blockchain ecosystems. Meanwhile, Chainlink continues to impress by winning the Swift Hackathon 2025 Business Challenge and releasing its quarterly review, highlighting ongoing progress and adoption.
On the price front, Bitcoin has crossed the $110,000 mark, showing steady growth over the past 24 hours. Ethereum is also climbing, trading near $3,876 with a solid 0.6% increase in the last day. Hedera Hashgraph stands out with an impressive 4.3% jump, now priced at about 20 cents per token. Ripple and Stellar, both focused on fast and affordable cross-border payments, are up nearly 1% and 1.35%, respectively.
Why It Matters
These updates are important because they reflect how blockchain technology is evolving to become more practical and integrated with real-world financial systems. For example, Stellar’s collaboration with Chainlink Scale means developers will have access to reliable, real-time data from outside the blockchain, such as price feeds or market information. This is crucial for building trustworthy DeFi apps that can automatically react to external events, like changes in currency values or stock prices.
The Etherfuse project is especially notable because it addresses a big challenge: how to represent traditional government-issued currencies on blockchain networks. This makes it easier for people around the world to use digital money that’s backed by their national currency, providing stability and trust. It also opens new doors for global commerce and remittances.
Chainlink’s continued success, including its recent hackathon win, signals strong confidence from the broader financial and tech communities. Chainlink’s decentralized oracle network helps blockchains access secure external data, which is essential for smart contracts to work effectively in many industries, from insurance to supply chains.
Builders’ Corner
If you’re a developer or an aspiring blockchain builder, here are some concrete things to explore:
- Stellar’s Protocol 24 Upgrade: Stellar recently released an upgrade guide for Protocol 24, which includes improvements that support integration with Chainlink’s new tools. If you build on Stellar, this upgrade will help you create more efficient and secure DeFi apps.
- Chainlink Data Feeds and CCIP: These tools allow your smart contracts to receive real-world data and communicate across different blockchains. Experimenting with them can enable cross-chain applications or DeFi products that react dynamically to market conditions.
- Etherfuse Currency Onboarding: For those interested in stablecoins or digital versions of fiat currencies, watching how Etherfuse brings sovereign currencies onchain can provide insights into compliance, token design, and interoperability.
- Hedera Hashgraph’s Growth: With its recent price surge and growing ecosystem, Hedera is becoming a popular choice for enterprise blockchain solutions. Builders can explore its unique consensus mechanism and fast transaction speeds.
For newcomers, don’t worry if some terms sound complex. Here’s a quick breakdown:
- DeFi (Decentralized Finance): Financial services like loans, trading, and savings that run on blockchains without traditional banks.
- Data Feeds: Streams of real-world information (like stock prices) that smart contracts use to make decisions.
- CCIP (Cross-Chain Interoperability Protocol): A way for different blockchains to talk to each other, sharing data and value.
Quick Prices
- Bitcoin (BTC): $110,150 (+0.11% in 24h)
- Ethereum (ETH): $3,876 (+0.6% in 24h)
- Hedera Hashgraph (HBAR): $0.20 (+4.3% in 24h)
- Ripple (XRP): $2.51 (+0.99% in 24h)
- Stellar (XLM): $0.31 (+1.35% in 24h)
- Flare Network (FLR): $0.016 (+0.20% in 24h)
- XDC Network (XDCE): $0.059 (+0.10% in 24h)
What to Watch
Looking ahead, keep an eye on several key areas:
- Stellar’s DeFi Expansion: As Stellar integrates Chainlink’s technology, we can expect new DeFi applications that are more secure and responsive to real-world events. This could attract more users and developers to the platform.
- Etherfuse’s Currency Onboarding: Watch how Etherfuse progresses in bringing sovereign currencies onchain, as this could reshape how digital payments and remittances work globally.
- Chainlink’s Ecosystem Growth: Chainlink’s tools are gaining traction across multiple blockchains. Their recent wins and product launches could lead to more partnerships and innovations.
- Hedera’s Market Momentum: With strong price gains and enterprise interest, Hedera might see increased adoption and new applications in supply chains, gaming, and finance.
- Regulatory Developments: Be aware of ongoing legal cases and regulatory decisions, such as those affecting crypto banks like Custodia. These can impact market sentiment and adoption.
For investors and curious newcomers, this is an exciting time to learn about how blockchain networks are becoming more interconnected and practical for everyday use.
TL;DR: Stellar is upgrading its network by partnering with Chainlink to power advanced DeFi apps using real-world data. Etherfuse aims to bring 100 national currencies onto blockchains, enabling global digital payments. Chainlink continues to lead in decentralized data oracles, winning major hackathons and expanding its ecosystem. Prices for Bitcoin, Ethereum, Hedera, Ripple, and Stellar are all showing positive momentum. Keep an eye on these projects as they build the future of decentralized finance and cross-chain connectivity.
Add comment
You must be logged in to post a comment.