The summary of this Stellar Lumens price prediction tells us that the opinion of respected crypto experts and technical-based analysis combined predict that the Stellar XLM price has the potential to rise by up to almost 1000% between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy Stellar Lumens.
“Fiat dominated banks refusing to work with cryptocurrency are like bookstores refusing to work with the internet. Only time will tell.”
― OLAWALE DANIEL
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News about Stellar Lumens
- Stellar Lumens Looks Like Good Value, Especially If It Matches Ripple’s Gains
- Whale accounts transfer 109.1M XLM to Coinbase as the token surges
Around the globe, the number of countries heavily affected by extreme poverty is growing. Economic growth and its benefits are unevenly shared across different parts of the world. One of the main drivers behind this poverty is a lack of financial services and government corruption hindering any economic development.
One of the most positive aspects of the future of cryptocurrencies is the ability of digital representations to bring economic development and provide access to financial services to developing countries around the world. One innovative digital currency on the cryptocurrency market made cross-border payments with minimal fees its main aim. Its name is Stellar Foundation and its goal is to provide an avenue to the unbanked population of the world to have access to a store of wealth and means of transfer.
Whilst the Stellar Foundation is the name of the Blockchain, the currency is called Stellar Lumens or the symbol XLM. the price of one Stellar XLM is currently around $0.3260 per coin, but what will the price be like a few weeks or years down the line? It’s a question asked by cryptocurrency investors around the world whether they’re beginners or veteran traders. Whilst accurately predicting the crypto forecast is nigh on impossible, there are several factors we can look at to get a fairly accurate insight into what’s in store.
The following Stellar Lumens price prediction aims to show you how the Stellar XLM price could potentially develop in the future. From new investors and market conditions to prediction strategies and stellar lumens technical analysis, our forecast utilizes a wide range of critical factors to bring you the most accurate price prediction possible.
What is Stellar?
Before we get into the Stellar Lumens price prediction, let’s look at just what it is. Stellar is a cryptocurrency network that arose in 2014 in the wake of Bitcoin and was developed by Stellar Development Foundation. The cryptocurrency of Stellar’s ecosystem is known as the Lumen.
The main aim of the Stellar ecosystem is a cross-border transfer and payment system that connects financial entities. It is indeed a noble one as Stellar’s network focuses on the economies of developing countries, the citizens of which are often outside of the scope of mainstream banking services. Whether businesses or individuals, the Stellar network doesn’t charge for using the network.
It’s certainly an innovative payment system that has not gone unnoticed by crypto investors. Stellar XLM is one of the best-performing altcoins of the last five years with a market cap of just over $1 billion. It went on to take its place in the top ten cryptocurrencies according to market cap.
But as a result of a bear market, Stellar XLM performed poorly over the past two years which caused it to lose its place amongst the top 10 cryptocurrencies. However, over the past few months, the performance of Stellar Lumens XLM has improved giving a new positive outlook from crypto experts.
Pros and cons of Stellar Lumens XLM
Like any cryptocurrency, Stellar Lumens XLM has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of Stellar XLM.
Pros | Cons |
✔️ The consensus protocol of Stellar Lumens is relatively faster than many other algorithms | ❌ Currently facing down strong competition from Ripple. |
✔️ The daily use rates of Stellar keep seeing continued improvement. ✔️ Continuing to branch out into other areas of decentralized finance. | |
Stellar FAQ
Before we get into the Stellar Lumens price prediction, next we’ll cover some frequently asked questions about Stellar XLM to give you a better understanding of this long-running digital asset and its price potential.
What is Stellar XLM used for?
Just like conventional fiat currency, Stellar XLM is used for buying, selling, and a wide range of transactions. However, unlike fiat currency, Stellar XLM can be used as a means of accepting payments and facilitating commerce that is out of the reach of central governments or banking systems. In addition, it provides a great store of wealth that is highly difficult to confiscate.
How does the Stellar Lumens price gain value?
Like all cryptocurrencies, the price of Stellar XLM is largely driven by speculation in its current state. As more people discover the wide range of its uses, its price grows. From being largely anonymous and decentralized to having the ability to bring banking services to the unbanked parts of the world, Stellar is arguably more valuable than fiat currencies.
Due to its numerous advantages over fiat currency and precious metals, Stellar Lumens projection is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value of Stellar will likely grow in sync and could make it a potentially good investment.
Can Stellar reach $100?
Since its initial development, Stellar has grown to manage millions of transactions a month, demonstrating the ability to scale as a digital asset. In comparison to Bitcoin, Stellar can process transactions far quicker. This has led many to ask whether Stellar can ever reach $100.
Whilst Stellar can provide some serious gains for savvy investors who buy at the right time, it is unlikely to reach $100 per XLM. Stellar is not a PoW coin and reaching $100 per coin would mean a 1500x increase on the current price. Based on the BTC/XLM ratio remaining the same, it would mean bitcoin is at $12.5 million per coin.
However, whilst Stellar is highly unlikely to reach $100, this altcoin most certainly can reach $10 per coin.
Where do people buy, sell, and trade Stellar?
You can buy, sell, and trade XLM from any reputable crypto trading platform. If you are a new investor, then we suggest using eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.
Stellar Price History
With a total supply of 50 billion coins, XLM has both been in the top ten of all cryptocurrencies and has also seen a two-year downtrend in recent months. However, things do appear to be looking up for this altcoin. Let’s delve into the brief history of the Stellar price.
XLM’s lowest ever price was recorded at $0.002. But early 2018 saw the price surging to an all-time high and XLM reached $0.93. However, the subsequent crypto winter saw over 90% of the value wiped off the price of XLM as it began losing money rapidly and fell to just $0.09. Naturally, this negatively affected its market capitalization.
After the high was set in early 2018, the Stellar Lumens XLM price fell into a bear market and lost much of its value. By the end of the year, it had fallen by over 91% to just $0.09. This resulted in a lot of selling off and the following year XLM was branded as one of the worst performing digital assets and not a good investment. However, as is often the result of such sell-offs, the impending bull market proved a chance for XLM to regain its former glory and surge past its former all-time high.
Whilst the comeback of Stellar in 2020 was hindered by the Black Thursday market collapse, 2021 saw an upward trend and Stellar Lumens made a comeback at 42 cents per XLM. Now with a bright future ahead, the price of XLM is looking to rise alongside that of Bitcoin and Ethereum.
From the bear market bottom of just $0.03 per XLM token, the latest rally has caused crypto investors to again ask why are Stellar Lumens going up, and how high will Stellar Lumens go this time?
Although it is impossible to say exactly how much or how high can Stellar lumens go, or when will Stellar lumens reach such prices, growth projections consist of up to and over $1 per XLM token, making Stellar lumens value ideal at current prices.
Expert analysis of the Stellar price potential
One of the best tools we can use to try and determine the potential future price analysis of Stellar is to analyze the opinions of various crypto experts. Let’s delve into four estimated growth outlooks for various industry experts and analysts.
Crypto Rating
Crypto Rating is a well-established crypto authority that regularly releases price predictions on numerous cryptocurrencies based on a range of complex instruments. When it comes to its fundamental analysis on Stellar XLM, they believe this alternative to conventional payment systems looks promising but their prediction is fairly modest. They expect Stellar XLM coin price to reach a high of $0.46 in 2021 and $0.69 over the course of the next five years.
The Economy Forecast Agency
The Economic Forecast Agency projected a far more bearish outlook for the future of Stellar XLM coin over the long term. In their Stellar Lumens price prediction, they predict that XLM will hit a high of $0.64. Whilst not significant growth, Stellar XLM coin can still prove to be a cost-effective and fruitful venture for those who invest early enough in the cryptocurrency markets if it hits this number.
CoinSwitch
In their Stellar Lumens price prediction, the crypto authority of CoinSwitch predicts that each XLM token will hit a market price of $1 based on the foundation of future partnerships the company can form with governments around the world.
CryptoGround
Out of all four Crypto experts, CryptoGround has released the strongest price prediction. They expect XLM to reach $0.74.
Whilst the majority of the experts are bearish on XLM, these predictions can be considered modest when you look back at the previous performance XLM. Taking into account their growing number of solid partnerships with the likes of BitBond, Wirex, SatoshiPay, and even the Australian government, it’s clear that there is clear room for scaling and price rises in the near future. Now, let’s look at the technical analysis.
Technical analysis of the Stellar price potential
Now we move onto technical analysis to try and predict the future price of Stellar. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.
XLM Price Prediction 2021 – 2022
At the beginning of 2021, the price of Stellar was around $0.1291 by the middle of the year the price skyrocketed by 156% to $0.3299. By the end of 2021, it’s predicted that the XLM price will be around $0.47 with a year-to-year change of +264%.
XLM Price Prediction 2022 – 2023
Starting 2022 at a predicted $0.47, it’s forecast that the price of Stellar could rise to around $0.61 by the middle of 2022. By the end of the year, the price may see an increase of +127% on the current price as it finishes 2022 somewhere around $0.75.
XLM Price Prediction 2023 – 2024
Between 2023 and 2024, it’s predicted that Stellar will start the year at $0.75, before seeing the price rise to somewhere around $0.79 within the first six months of the year. It’s possible that it will climb again and finished off the year at a slightly higher price than the previous year at $0.91. An increase of +176% on the current price.
XLM Price Prediction 2024 – 2025
After starting 2024 at $0.91, it’s believed that Stellar could drop stagnate before dropping to $0.90 sometimes in the first six months of the year. It will then rise to $1 towards the end of the year. An increase of +203% on the current price.
Conclusion
In conclusion, XLM has the potential to be an excellent addition to any crypto investor’s portfolio. The innovative aspects of this altcoin can bring banking services and economic development to poorly developed countries and increase the chances of ending global poverty.
Because it offers such disruptive cross-border payment technology, the price today will not be the price tomorrow, and all of the positive Stellar lumens news is expected to further drive long-term growth in the asset.
Whilst the experts are bearish, the technical analysis of XLM points towards positive gains over the long term. As this coin continues to scale and form partnerships with powerful organizations, businesses, and governments, we may see Stellar break out of the predictions and potentially reach $10. But where do you buy XLM to get in on this potentially lucrative investment?
Where to buy Stellar?
Stellar is available to buy and trade on eToro alongside 18 other cryptocurrencies. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading.
What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on XLM. This allows you to multiply small amounts to become large powerful positions that drive massive profits.
Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.
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Disclaimer – This Stellar Lumens price forecast is for informational purposes only and is not investment advice. The trading of Stellar and other alternative cryptocurrencies has potential rewards and is also potentially high risk involved. Trading cryptocurrencies can be lucrative but it can also be a risky investment, so it may not be suitable for all people and is done so at your own risk. Anyone wishing to invest should do their own research and seek his or her own independent investment advice prior to making any investment decisions.