XLM Price Prediction: Will Stellar Lumens Price Hit $1?

January 15, 2024

Price Prediction

Sean Korbett

Among the hundreds of networks that store and transfer cryptocurrency is the Stellar blockchain. Over the previous ten years, numerous other digital currencies and platforms amassed tremendous increases and user bases. Among these is the Stellar blockchain and its XLM coin. Early in 2021, XLM crypto had a growth of over five times. Discover Stellar XLM price prediction in StealthEX’s latest article.

Stellar (XLM) Overview

In essence, Stellar functions similarly to the majority of decentralized payment systems. It operates a decentralized server network with a distributed ledger that is updated across all nodes every two to five seconds. Transactions are approved by Stellar’s consensus process without the need for network approval from all miners. Rather, it makes use of the Federated Byzantine Agreement (FBA) algorithm, which facilitates quicker transaction processing. This is due to the fact that it validates and approves transactions using quorum slices, or sections of the network.

The existing cross-border transfer procedure is a convoluted one. Domestic banks are required to keep local currency accounts in foreign countries. Similar accounts must be maintained by their correspondent banks in the home nation. For cross-border transactions involving fiat currencies, the process known as ‘Nostro-Vostro’ is a drawn-out one that requires account conversion and reconciliation. Stellar’s blockchain has the ability to facilitate simultaneous validation, which can reduce or eliminate the associated delays and complexity. Another tool for streamlining and supplying liquidity is Stellar’s Lumens cryptocurrency, XLM.

Stellar was launched in 2014 by Jed McCaleb, who also co-founded the cryptocurrency company Ripple and the exchange Mt. Gox. Following his departure from Ripple because of disagreements with fellow creators, McCaleb and his business partner Joyce Kim introduced the Stellar system, which was a fork of the Ripple source code. $3 million in startup money was given by the payments company Stripe. 

Stellar Features

Stellar offers a number of features that can be extremely useful for the crypto industry. These are:

1. Compatibility. Stellar’s unique advantage lies in its compatibility with all currencies. It enables the transfer of digital representations of US dollars, euro, Bitcoin, or any global currency.
2. Anti-spam agent. The Stellar network implements all of the innovative characteristics of a shared public ledger on a distributed database perceived as blockchain technology and because of this, lumens operate as an anti-spam agent.
3. Lower transaction fees. Stellar Lumens has a lower transaction fee than Bitcoin and other cryptocurrencies.

Stellar (XLM) Price History Highlights 

• 2014: Stellar (XLM) appeared on the scene in 2014 and began trading at around a quarter of a cent.
• 2015-2016: Although Stellar price briefly reached twice that amount at the end of 2014, it continued oscillating below $0.01 for the next three years without making any major gains.
• 2017: The first significant price movement for XLM coin came in May 2017, when its price shot up by more than 900% in a week to reach around $0.05. XLM quickly crashed back down, momentarily dipping below $0.01 again in September, but this was followed by an even greater surge at the end of the year.
• 2018: XLM reached its record peak (ATH) of $0.8755 during the volatile 2018 crypto boom.
• 2019: At the start of 2019, XLM coin was trading at around $0.11. 2019 didn’t bring any major upward shifts, either – XLM price reached $0.14 at the end of May but had fallen below $0.05 by the end of the year.
• 2020: 2020 was the next year of note for Stellar. After dropping 37% in a single day in March, XLM recovered to over $0.10 in August. There was another less severe drop at the start of September before the price really took off towards the end of November. For the rest of the year XLM made repeated upsurges followed by short periods of consolidation. 
• 2021: In early 2021, the value of Stellar’s lumen token grew more than fivefold, from $0.13 to $0.73.
• 2022: Post its May 21 peak, XLM’s rapid decline mirrored the overall market slump. The token ascended to $0.25 by March, only to encounter a prolonged drop that lowered its price to $0.105 on May 12, a day marked by a market crash, notably impacting Terra coin.
• 2023: From the onset of 2023, Stellar embarked on a sharp upward journey, witnessing over 180% growth to equal its previous April 2022 high of $0.197 by July 13, 2023.

Stellar Lumens (XLM) Price Chart

CoinMarketCap, 15 January 2024

Stellar XLM Price Prediction

XLM Price Prediction 2024

DigitalCoinPrice experts expect Stellar to rise in price. According to their calculations, in 2024 XLM’s price might go as low as $0.11 (-10%), while its maximum price can reach $0.27 (+119%).

PricePrediction analysts believe that in 2024 the price of Stellar crypto will go higher. Its minimum low can drop to $0.1690 (+37%), while at its maximum XLM crypto will rise to $0.2023 (+64%).

WalletInvestor crypto experts think that XLM will be trading in a very broad price corridor: its price can drop to $0.00436 (-96%), while at its peak Stellar Lumens can go as high as $0.2092 (+70%).

XLM Price Prediction 2025

According to DigitalCoinPrice, Stellar crypto will continue rising in price. Based on the experts’ forecasts, in 2025, XLM might reach $0.31 (+152%) per coin at its highest point. Its minimum price might go as low as $0.26 (+111%).

Based on the experts’ forecasts at PricePrediction, in 2025, XLM crypto will slowly continue rising in price. It can go as low as $0.2424 (+97%) as its lowest price and rise to $0.29 (+136%).

Telegaon believes that in 2025, XLM crypto can reach $0.58 (+372%), while at its peak it can cost $0.83 (+575%).

Stellar Lumens Price Prediction 2030

DigitalCoinPrice crypto analysts think that by 2030, XLM coin will be trading a little below $1: its minimum price level is expected to be around $0.83 (+575%), while its maximum price will go as high as $0.91 (+641%).

PricePrediction experts believe that by 2030, XLM will make good progress and rise above $1: according to them, the crypto’s lowest price will hover around $1.45 (+1,080%), while at its peak it might reach $1.78 (+1,349%).

According to Telegaon price predictions, Stellar Lumens cryptocurrency has invaluable potential for long-term holders. This website believes that XLM can go as high as $3.62 (+2,847%) per coin. It can also drop in price to the lowest price of $2.67 (+2,074%) per coin.

XLM Price Prediction: Experts’ Opinions

Stellar Lumens has a growing ecosystem of applications and partnerships that are leveraging its technology to provide financial services to underserved communities. For example, Stellar Lumens is being used to provide mobile banking services in developing countries and to support microfinance initiatives that help small businesses access funding.

Additionally, Stellar Lumens’ distinctive qualities and expanding network of collaborations have contributed to its rising popularity. The cryptocurrency has forged collaborations with several organizations, like IBM, Deloitte, and Kraken, to deliver its technology to new markets and use cases. These collaborations are fostering the uptake of Stellar Lumens and opening up fresh avenues for expansion. The increasing interest in non-fungible tokens and decentralized finance is another significant element propelling Stellar Lumens’ rise. Stellar Lumens is in a good position to benefit from these trends because of its quick and inexpensive transactions, which make it the perfect option for NFTs and DeFi applications.

In connection to this, some experts, like CryptoNewsz.com, believe that the predicted high for XLM in 2030 might be around $1.062, while some crypto analysts, such as CoinMarketCap, think that Stellar Lumens has the potential to reach a maximum high of $0.741.

XLM USDT Price Technical Analysis

Tradingview, 15 January 2024

Now that we’ve seen possible price predictions for XLM, let’s find out a bit more about the factors that can influence its price and position on the market.

Factors Affecting Stellar Price

Stellar operates within a complex system of market influences and technological factors. A few key variables that may affect its cost are partnerships, network integration, crypto legislation, and demand for XLM. The adoption of a Bitcoin ETF is also expected to have an impact on Stellar Lumens’ value.

When assessing Stellar Lumens as an investment, keep the following considerations in mind:

• Adoption.
• Partnerships.
• State of the crypto market and market sentiment.

Risks and Opportunities

Like all cryptocurrencies, Stellar future is unpredictable and will depend on a variety of things, such as technology advancements, adoption trends, and regulatory changes. Nonetheless, there are a number of causes for optimism regarding Stellar future. In the upcoming years, Stellar Lumens’ value could rise significantly due to its expanding network of partnerships and apps, as well as its special qualities that make it a desirable choice for cross-border transactions. It can be said with certainty that Stellar has an expanding network of partnerships and applications. Those are using its technologies to give underprivileged areas access to banking services. The future of Stellar is bright, given its distinct features and increasing user base. 

Risks, however, should always be assessed as cryptocurrencies are highly volatile and can fluctuate in price, falling rapidly to just a few cents.

Is Stellar a Good Investment?

The majority of analysts predict that XLM’s value would increase (possibly by double) but it still has a ways to go before demonstrating that it is bullish. However, this cryptocurrency has been on the market for a long time and can be seen as a tough player.

Will Stellar Lumens Reach $1?

PricePrediction experts believe that by 2030, XLM will make good progress and rise above $1.

Can XLM Reach $10?

Though the target of $10 seems improbable for XLM, at least by 2030, many experts believe that XLM can hit $1 soon enough. 

Can Stellar Lumens Reach $20?

It seems to be a difficult feat to accomplish. At $20 XLM’s market cap would be $1 trillion, which seems too improbable.

Can XLM Reach $50?

Considering the criteria of growth required and time required, XLM has no chances of reaching $50.

What Will Stellar Be Worth in 2025?

According to DigitalCoinPrice, in 2025 Stellar Lumens will rise in price and reach $0.31. 

What Will XLM Be Worth in 2030?

According to Telegaon, in 2030 XLM can go as high as $3.62.

Can Stellar Lumens Make You a Millionaire?

It is possible, but the investment has to be large enough.

Conclusion

In summary, Stellar appears to have a promising future, but there are still a lot of unknowns that could affect its price in the years to come. We should anticipate seeing ever more precise and trustworthy projections for the price of Stellar in the future as the market develops and grows. In spite of significant fluctuations and many market factors, Stellar has demonstrated prospects for further expansion. Recent bullish momentum on Stellar and growing alliances suggest that there may be upside potential in the near future.

How to Buy XLM: Quick-Step Guide

StealthEX is here to help you buy Stellar (XLM) if you’re looking for a way to invest in this cryptocurrency. You can buy XLM privately and without the need to sign up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free. 

Just go to StealthEX and follow these easy steps:

1. Choose the pair and the amount you want to exchange — for instance, ETH to XLM. 
2. Press the “Start exchange” button.
3. Provide the recipient address to transfer your crypto to.
4. Process the transaction.
5. Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.