XLM Price Prediction: Can Stellar Lumens Reach $1?

September 2, 2024

Price Prediction

Sean Korbett

Stellar Lumens (XLM) is an open-source, decentralized payments network. It uses blockchain technology to allow users to transfer funds quickly and at a very low cost. The payments network does not show preference to any national currency; instead, the network has its own native cryptocurrency, Stellar Lumens. How will the price of the blockchain’s native token change in the future? Discover the long-term XLM price prediction in StealthEX’s latest article.

Stellar Lumens (XLM) Overview

Stellar is a permissionless decentralized protocol enabling peer-to-peer transmission of digital currency or assets that is not governed by a single entity.  An alternative to having a single organization or firm maintain a debt ledger is to have a copy of the ledger spread among several volunteer-owned computers, or nodes.

Stellar has a ledger that it uses to track ownership of all the accounts and crypto tokens on its network. It maintains the ledger and processes transactions with its unique algorithm, the Stellar Consensus Protocol. The Stellar ledger stores every account’s balances and operations.

The cryptocurrency Stellar (XLM) is used for trade within the Stellar Network. XLM is used to cover transaction fees. Each Stellar network account must have at least one XLM to guarantee legitimacy. Because it is the only asset in the network that doesn’t need an anchor, XLM can pair with any other asset to offer liquidity, serving as a bridge currency within the Stellar Distributed Exchange.

Jed McCaleb and Joyce Kim, business partners, founded Stellar in 2014. McCaleb was a co-creator of the payment technology Ripple and the founder of the cryptocurrency exchange Mt. Gox. He quit Ripple owing to disagreements on the project’s direction. The group established the Stellar Development Foundation in addition to the Stellar network. The charitable organization was co-founded by Stripe CEO Patrick Collision, and Stripe gave $3 million to Stellar in return for 2% of the company’s initial launch (2 billion XLM).

The company responsible for Stellar is called the Stellar Development Foundation. It maintains the codebase, helps the technical and business groups on the network, and regularly publishes reports on the Stellar network.

XLM Features

XLM offers some features within the crypto space. These are:

1. Speed. XLM has lightning-fast transaction confirmation time, often taking only a few seconds.
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. 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.
4. Low transaction costs. This is particularly important for microtransactions and cross-border transfers, where high fees can eat into the value being sent. The low transaction costs make Stellar Lumens an attractive option for remittances and small-value transactions.
5. Cross-border transactions. XLM enables cross-border transactions without using several middlemen or traditional financial institutions. 

Stellar Lumens (XLM) Price History Highlights 

• 2014: Stellar (XLM) was launched in 2014 and began trading at around a quarter of a cent.
• 2015-2017: November 2016 and May 2017 saw the first significant upward move, with XLM reaching an all-time high price of approximately $0.082 on May 7, 2017. The entire upward move lasted 154 days, increasing by 5,457%. After that, there was a lengthy corrective period during which the price fell by a staggering 92% over the next 132 days, culminating in a low of $0.006 on September 15, 2017.
• 2018: The ensuing upward move for XLM was even more consequential in both directions. There was a massive increase that led to an all-time high of around $0.9381, a price that has yet to be broken.
• 2019-2020: After that, though, there was a protracted period of corrective action during which XLM gradually lost 97% of its value over 798 days. It peaked on March 13, 2020, at $0.026 but has since been rising. The move from the March low can be broken down into two cycles: the first was a gradual increase that lasted for 157 days and measured 354%, and the second was a 50% fall that lasted for 70 days and culminated in a low of $0.057 in October 2020.
• 2021: Ever since, XLM has been rising at a faster clip than it did on the way to the all-time high, rising 518% in just 71 days. It reached a high of $0.41 on January 7.
• 2022-2023: In 2022, XLM started its downward movement, ultimately dropping to $0.07. In 2023, it went up again to reach $0.15 before going down again.
• 2024: With the general bullish trends in 2024, Stellar Lumens reached $0.14. At the moment, it trades around $0.1.

XLM Price Chart

CoinMarketCap, September 2, 2024

Stellar Lumens XLM Price Prediction: 2024, 2025, 2030-2040

XLM Price Prediction 2024

DigitalCoinPrice experts believe that in 2024 XLM coin’s price might go as low as $0.0868 (-10%), while at its high it can reach $0.21 (+117%).

PricePrediction crypto analysts expect that in 2024 XLM coin will fluctuate from $0.1117 (+15%) at its lowest point to $0.1249 (+29%) at its peak.

Telegaon crypto experts believe that in 2024, XLM will make significant progress in terms of price: the lowest price level it can hit in 2024 is $0.49 (+406%) vs its maximum price of $0.81 (+737%).

Stellar Lumens XLM Price Prediction 2025

According to DigitalCoinPrice, in 2025 XLM coin will make some progress: it can go as high as $0.24 (+148%) at its maximum. Its lowest price might drop to $0.21 (+117%).

PricePrediction forecasts promise that in 2025, XLM’s lowest price is going to hit $0.1632 (+68%), while at its highest point, XLM crypto can get to $0.1929 (+99%).

Analysts at Telegaon expect that in 2025, XLM coin might reach a maximum price of $1.13 (+1,068%), while at its lowest point it can drop to a minimum of $0.82 (+748%).

XLM Price Prediction 2030

According to DigitalCoinPrice forecasts, Stellar Lumens crypto can reach a maximum of $0.72 (+644%) per coin. It can also drop in price to a minimum of $0.65 (+572%) per coin.

According to PricePrediction forecast, by 2030 XLM’s lowest price is expected to be $0.9908 (+924%), while at its peak it’s supposed to reach $1.15 (+1,089%).

Telegaon price predictions estimate that by 2030, XLM is going to reach $7.37 (+7,523%) at its minimum and might trade at a maximum of $10.84 (+11,112%).

XLM Price Prediction 2040

According to PricePrediction forecasts, in 2040 XLM is going to reach significant price levels: its minimum price is expected to be around $65.74 (+67,897%), while its maximum price is going to drop to $54.63 (+56,405%).

If we are to believe Telegaon experts, by 2040, XLM is going to significantly increase in price: $46.09 (+47,572%) at its minimum vs $57.18 (+59,043%) at its maximum.

XLM Price Prediction: What Do Experts Say?

Stellar Lumens is capable of thousands of transactions per second with minimal transaction fees and it’s capable of smart contracts and ICOs, although these use cases have yet to really materialize in any meaningful way. Stellar Lumens also has a number of partners, including strong partnerships with established organizations, such as IBM.

All the features and factors can contribute to further XLM adoption and make the token rise in price considerably. According to CoinEagle via CoinMarketCap, in 2030 XLM could hit an average price of $10 in a very optimistic scenario.

XLM USDT Price Technical Analysis     

Tradingview, September 2, 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.

What Does the XLM Price Depend On?

The price forecast for Stellar in 2024 depends on several factors, including market sentiment and external influences. An open-source network designed for asset production and transactions is called Stellar Lumens. Its ability to facilitate the production, transfer, and exchange of digital representations of any kind of value, from tangible assets like real estate to traditional currencies like Bitcoin and US dollars, is what makes it special. The use of Stellar Lumens will rise as more businesses and financial institutions become part of the Stellar network. As a result, XLM can become more valuable as an investment and see a price increase.

Stellar, in contrast to many other digital currencies, seeks to improve the current financial systems by serving as a link between various currencies and financial institutions. This makes cross-currency transactions possible and easy because it incorporates both fiat and cryptocurrencies. However, as the world economy becomes more integrated, there is a surge in demand for cross-border payments. Stellar can fulfill the gap because it provides a rapid and reasonably priced international money transfer protocol.

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

• Supply and demand;
• Market sentiment;
• The state of the world economy;
• Wider adoption and new use cases;
• Development of cross-border transactions;
• Regulatory decisions.

Risks and Opportunities

Stellar allows users to carry out multi-currency transactions with the help of an anchor system. For instance, if you transfer Monero, the recipient gets Bitcoin or any other necessary currency. The system chooses a profitable path on its own. Additionally, the platform makes it possible to buy digital copies of different currencies, offering residents of nations with volatile national currencies a useful substitute. The network is growing, as seen by its recent support for smart contracts and Non-fungible tokens (NFTs). 

It is also true that Stellar Foundation holds approximately 49% of all XLM in existence, creating a central point of failure and a strong degree of centralization risk for the project. Moreover, cryptocurrencies remain a highly volatile asset, and various risks connected with investing in digital assets must be considered. It’s always best to do your own research and diversify your portfolio if you eventually decide to invest in crypto.

Does Stellar XLM Have a Future?

Although most analysts believe that XLM’s value will rise in the future, there is still a long way to go until the stock proves to be bullish. But this cryptocurrency is viewed as a formidable contender because it has been around for a quite while.

Will XLM Hit $1?

PricePrediction experts believe that by 2030, XLM will make good progress and hit $1.15 at its peak.

Can XLM Go to $10?

It’s possible, however, this will most likely happen in the long-term perspective.

Can Stellar Lumens Reach $20?

Telegaon believes that this is likely to happen between 2034 and 2035.

What Is the Max Price XLM Can Reach?

Telegaon experts think that in 2050 XLM has the potential to hit $106 at its peak.

How High Can XLM Realistically Go?

It is not improbable that the price of XLM will reach $20 in the next 20 years.

What Is the Prediction for XLM in 2024?

According to DigitalCoinPrice, in 2024 XLM will reach a maximum of $0.2.

How Much Will XLM Be Worth in 2025?

According to DigitalCoinPrice, in 2025 Stellar Lumens will hit $0.24 at its peak.

How Much Is XLM Crypto Worth in 2030?

If we are to believe Telegaon experts, in 2030 XLM crypto will hit a maximum of $10.8.

What Is the Price Prediction for Stellar Lumens 2040?

According to PricePrediction, in 2040, Stellar Lumens will reach a maximum price of $66.

What Will XLM Be Worth in 2050?

PricePrediction experts believe that the price of XLM will skyrocket to $97 at its peak.

Can Stellar Lumens Make You a Millionaire?

It can be possible provided you invest a decent amount of money into XLM and Stellar Lumens is yet to hit its all-time high.

Conclusion

Stellar Lumens 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 Lumens is bright, given its distinct features and increasing user base. There is a chance that the value of XLM may increase significantly in the upcoming years, even though anything can happen in the unpredictable future.

Where to Buy XLM Coin?

StealthEX is here to help you buy XLM crypto 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 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy XLM Crypto: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to XLM. 
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• 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.