The Stellar Foundation burned half of its digital tokens supply of around 55 billion XLM feed an approximate value of $ 4.7 billion were burned. On Monday, the foundation announced that they have done this for network growth. The announcement made during the stellar Meridian Conference by the CEO of stellar Foundation, Denelle Dixon.
Source: TheCoinRepublic
Coin burn, coin swap has always been a remedy to helping increase the price and growth of a cryptocurrency. This was actually an insane and bold step from the Stellar Foundation but this has not affected the price that much to be honest Source: TheCoinRepublic
unless you bought loads of it. Stellar has great blockchain network with great features such as issuance of other cryptocurrency on its network. Their team should really promote their products so that other upcoming projects can make use of their services which would go a long way to grow their network.