Stellar is one of the more widely known crypto projects, so it’s worrying to see that XLM’s price still hasn’t fully recovered after the 2021 summer slump. By reading this article, you can find out more about Stellar Lumens future — at least according to the XLM price predictions made by expert sources.
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Stellar Fundamental Analysis
Stellar Lumens (XLM) is a cryptocurrency of the Stellar project, aiming to bring crypto to financial institutions. Initially, around its launch in 2014, Stellar was focused on bringing finance to the unbanked, but later became geared towards the financial institutions. Stellar was founded by Jed McCaleb, who co-founded Ripple before that, and on the technical level, Stellar was initially just a hard fork of Ripple before getting reworked into a more unique version.
Stellar provides a platform for tokenized versions of the popular fiat currencies, enabling its users to quickly convert fiat into its digital representation on-chain, make transactions, and convert back to fiat. This facilitates fast, cheap, and borderless transactions, which are at the same time backed by traditional money, and are very convenient for both unbanked laymen and financial institutions. At the time of writing, the token basket on Stellar includes US dollars, euros, both Mexican and Argentinian pesos, Brazilian reals, and Nigerian naira. Stellar also has SDK and dev documentation, making it easy for developers to issue their tokens if there is a market for them. Stellar Lumens (XLM) token doesn’t have a privileged role on the Stellar network and is mostly used to power the system.
Stellar boasts its unique consensus protocol, improving on the earlier protocols such as Proof-of-Work and Proof-of-Stake. Stellar’s innovation is based on the so-called federated Byzantine agreement, which allows it to have low latency and flexible trust without sacrificing decentralization and security.
Stellar Live Price Chart
In late 2020 and early 2021, Stellar joined the market trend going on at the time. XLM’s price rose from ~$0.08 to ~$0.2 in the last months of 2020, later experiencing some volatility but, despite that, showing good growth after all, going higher than $0.5 by February. Later Stellar Lumens’ price dipped for a while, possibly after a few big updates in protocol caused some turbulence — throughout March 2021, XLM was trading at $0.35–$0.4. Then Stellar resumed its climb, by mid-May skyrocketing to ~$0.8. The May crash affected Stellar too, however, and at the beginning of July 2021, one could see Lumens trading just below $0.2. In the second half of July Stellar (or, possibly, the whole market) started to recover, by August reaching ~$0.28 — so XLM price prognosis for the next months may be cautiously optimistic.
Stellar Technical Analysis
Looking at the whole Stellar Lumens price history, one may notice a huge cup and handle pattern going on since early 2018, with the handle starting in May 2021. If the pattern holds, XLM price may be expected to reach upwards of $1.3, possibly even $1.5. On the short scale, in the first days of August 2021 Stellar might be going through a small correction in an overall bullish flag configuration, getting ready to turn back up again. On the other hand, this correction may mean a bearish reversal of the previous weeks’ ascending wedge — so it seems that the longer-term future of Stellar’s price will depend on the next few days.
While using cryptocurrency is still relatively new for the banking sector, some of the biggest exchanges and banking groups are now looking into using Stellar’s network to send and receive payments. A wide variety of Stellar use cases and an impressive list of partnerships, including IBM, grant Stellar Lumens positive projections and a bright future.
Is Stellar (XLM) a good investment?
Yes, Stellar (XLM) is a good investment, according to most experts. For example, Walletinvestor.com’s XLM price predictions promise more than 2x growth in 2022, with this trend continuing further.
Can Stellar Lumens reach $100?
No, Stellar Lumens probably won’t reach $100, as the things stand now — i.e. without a redenomination or other serious protocol changes. With ~$6.5 billion market cap as of August 2021, a price rise to $100 given the same circulating supply would mean a market cap above $2T, which is a very rare occurrence on the market as a whole.
Can XLM reach $10?
Yes, the $10 price target is within XLM reach, possibly in the next few years. As it expands its ecosystem and reaches new partnerships, its fundamentals may grow strong enough to support this valuation, so Stellar price predictions reaching $10 seem pretty grounded in reality.
Are Stellar Lumens worth buying?
Yes, Stellar Lumens are worth buying, many sources say. Stellar is one of the crypto projects that have stood the test of time, plus most of the XLM price forecasts promise growth, which makes it a good investment.
Is Stellar risky?
Stellar is less risky than many other crypto projects since it’s been around for quite some time without being exposed as a scam or having critical protocol vulnerabilities. However, being a crypto asset, it’s more inherently risky than many other asset types, so consider this, for example, when analyzing Stellar price predictions.
What will Stellar Lumens be worth in 2025?
Stellar Lumens will be worth more than $1 in 2025, some sources claim. Overall, XLM price prognoses for 2025 vary, most of them still being positive and promising growth of 200% or more.
What will Stellar be worth in 2030?
In 2030, the Stellar coin may be worth $10 or more — according to some analysts, it’s not an impossible mark. Other Stellar price predictions for 2030 are more conservative in their estimates, citing numbers in the $2–$5 range.
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