Stellar Network has gone on to revolutionize the world of cross-border payment systems. As a result, the overall sentiment in this Stellar Lumens price prediction is that it could surpass an average price of $5 within the next few years!
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Unfortunately, the number of poverty-stricken countries is growing. This is due to the benefits of economic growth being unequally shared with developing countries. Amongst the latter, state-level corruption and lack of financial services exacerbate poverty levels.
To positively benefit the economy of a third-world country, cryptocurrencies have begun to play an increasingly important role in cross-border transfers of funds. One of which is the Stellar Network.
The main aim of the Stellar Foundation is to allow the unbanked population of developing countries to have access to a store of wealth and a method of transfer. In turn, it will hopefully bring much-needed economic development as a result.
Such an incredible digital asset has not gone unnoticed. Stellar’s native XLM token secured its place amongst the top ten most powerful cryptocurrencies by market cap and has seen phenomenal growth in value over the past few months.
As a result, there are countless investors curious about the future price of Stellar Lumens. Will it surge to all new highs or undergo a price dip? In this Stellar price prediction, we plan to answer the future of the XLM price that is as straightforward and as accurate as possible.
What are Stellar Lumens?
The Stellar Network can trace its roots back to 2014, when it was developed and released by the Stellar Development Foundation. Overall, Stellar aims to provide a cross-border transfer and payment system that connects financial entities worldwide.
Here’s how Stellar (XLM) works: Let’s say someone is looking to transfer $20,000 but doesn’t have access to a bank capable of completing the transaction. This person could instead move the equivalent of $20,000 in lumens.
The recipient could then trade those Stellar Lumens for $20,000, or an equivalent amount of a different currency. In the end, clearing times are reduced, and no banks need to be involved on either end of the transaction.
Since its foundation, Stellar has boomed in popularity in a very niche area. In various developing countries outside of the conventional banking world, many citizens have discovered this decentralized payment system’s benefits.
For people unable to access mainstream banking services due to circumstances outside of their control, such as the country they were born in, the Stellar Network can offer an unbiased alternative to send funds worldwide. As a bonus, it does not charge users a fee for using the Network.
This is one of the many aspects of Stellar that gives it serious real-world value. This has been spotted by countless investors worldwide. Many of them are keen to invest in the native token of the Stellar Network known as Stellar Lumens or XLM.
In the past few years, Stellar Lumens (XLM) has surged in value and market capitalization to become one of the most performing cryptocurrencies in the industry. Its $1 billion market cap also secured it among the top ten cryptocurrencies.
But due to the bearish sentiment which has hit almost the entire cryptocurrency market in recent months, Stellar Lumens (XLM) has slipped out of the top ten cryptocurrencies. But with a promising future ahead, many have speculated that this is the perfect time to get a good position on XLM.
Next, we’ll delve into the history of the XLM price to understand how this innovative global payment system has performed in the past.
Summary
- Stellar aims to become a global payment system that can facilitate cross-border transfers of funds.
- The native token of the Stellar Network is the Stellar Lumens (XLM) token. This good asset facilitates cross-asset transfers of value and funds.
- It has revolutionized cross-border payments for the significant population of unbanked people in places like developing countries.
Price history
Since 2014, the price history of Stellar Lumens has been nothing short of incredible. As this decentralized payment system has grown, so too has the value of its native token. One of its most impressive price-performance periods was in 2021.
Stellar (XLM) began 2021 at $0.29 but almost doubled in value by February when it hit $0.55. After a brief investor sell-off in the wake of this price increase, the XLM price dipped to $0.36 in March. But this price dip was certainly only temporary.
By April, the price of XLM had skyrocketed in an upward trend to $0.65. The subsequent sell-off from happy investors caused a brief price dip to $0.41, but this just provided yet another chance for new and old investors alike to get another great position on the price of Stellar Lumens.
By early May, the XLM price had surged to a new high of $0.73, which resulted in a good investment for many investors. This was the last significant price surge for Stellar’s Network for the first half of the year. But the price journey of Stellar Lumens was not over yet.
The price high in May caused a significant sell-off that saw XLM sink to one of its lowest prices of the year when it dropped to $0.21 in July. But there was so much confidence in Stellar Lumens that this was undoubtedly only temporary. Many new investors bought in at this dip as a result.
By September, the price had doubled in value since July and hit a high of $0.42. Towards the end of the month, the price had dropped to $0.25 before going to $0.41 in November. But this was the last price high of the year.
By December, the price of XLM was in a slow decline alone with other digital coins. Currently sitting at one of its lowest prices yet, many experts predict that now is the perfect time to invest in Stellar Lumens. But first, let’s see what the technical analysis can tell us about XLM price predictions.
Technical analysis
After historical price data, one of the best tools we can use to get an accurate Stellar Lumens price prediction is technical analysis. This section will utilize everything from trading patterns, charts, and market cap amongst its tools to get a year-by-year price forecast.
Stellar Lumens price prediction 2022-2023
From the current Stellar price hovering around $0.19, the technical analysis tells us that it could have the potential to hit $0.25 before going on the rise even further and finishing off the second half of 2022 at $0.31. From the current Stellar Lumens price today, that’s an increase of 65%.
Stellar Lumens price prediction 2023-2024
Rolling into 2023 at a potential price of $0.31, the native token of the Stellar Network is expected to see a price drop to $0.30 in the first six months of the year. But in the second half, it’s expected to regain some value and finish at a slightly higher price than last year at $0.32.
Stellar Lumens price prediction 2024-2025
After a bearish trend in 2023, this year is more bullish for Stellar Lumens. In the first six months of 2024, the price of XLM is expected to rise to $0.34 before rising even further to $0.37 by the end of the year. Compared to the current price of XLM today, that’s an impressive increase of over 91%.
Expert insights on the Stellar price prediction
Due to the innovative nature of Stellar and the innovative payment options it has provided to the unbanked population of the world, the Stellar Network and its native XLM token have grabbed the attention of crypto industry experts worldwide. Many of them have released some incredible Stellar Lumens price predictions detailing their fundamental analysis in recent months.
Noaty Crypto
In a recent Stellar Lumens price forecast released by Noaty Crypto that racked up tens of thousands of views, this team of experts came to the bullish conclusion that the XLM price could surpass $5 per token between now and 2025.
Crypto Addiction
The popular Youtube channel Crypto Addiction recently released an innovative XLM price prediction entitled: “Why You Should Own at least 500 Stellar Lumens (XLM)”. In the video, they drew upon the various benefits offered by Stellar Lumens to conclude that it could be a good investment in the long term.
Stellar Lumens price predictions from The Art of Marketing Blog
The Art of Marketing Blog is a popular Youtube channel for crypto price predictions. In a recent Stellar (XLM) price prediction, they came to the summary that this innovative payment system could surpass an average price of $15 to $25 sometime in the next few years.
Conclusion to this XLM price prediction
In conclusion, the Stellar Network has already proven its ability to bring revolutionary payment systems worldwide. In particular, it offers an incredible array of uses for the unbanked population in developing countries.
As a result, the Stellar price of its native XLM token has skyrocketed in value, yet it still offers a very low entry barrier for new investors. This has led to countless new investors seeking the best way to invest. Many find their ideal method through reliable brokerage platforms like eToro.
Where to buy Stellar Lumens
As one of the strongest cryptocurrencies globally, Stellar Lumens have been listed on major cryptocurrency exchanges. However, these are often not ideal for beginners to buy and sell Stellar Lumens. Instead, many find their perfect method through reliable brokerage platforms like eToro.
The likes of eToro are home to a wide variety of trading tools, training, and an easy-to-use trading environment to allow new investors to find their feet and get the most out of their trading journey.
From stop loss tools to demo practice accounts, brokerages like eToro are an ideal environment to start to buy and sell Cosmos. It is also home to an abundance of other crypto assets allowing you to diversify your crypto portfolio.
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
Pros and cons
The Stellar Foundation brings many benefits to the world of finance, but does it have any downsides? In the interests of transparency, this section of the Stellar Lumens price prediction will delve into its pros and cons in an unbiased way.
| Pros | Cons |
| ✔️ The Stellar blockchain uses one of the fastest and most effective algorithms in the cryptocurrency space in the Stellar consensus protocol. | ❌ Stellar Lumen faces competition from similar crypto projects such as the Ripple Network. |
| ✔️ It is constantly improving and branching out into new areas of digital finance. | |
| ✔️ Daily use cases of the native token of Stellar’s ecosystem, XLM coins, are increasing almost daily. |
FAQ
A crypto project like Stellar that has effectively revolutionized global payment networks naturally summons valid questions from potential investors. In this section of our Stellar Lumens price prediction, we’ll delve into some of the most commonly asked questions about the Stellar Network and its native XLM token.
What are Stellar Lumens (XLM) used for?
Stellar native XLM token is used for buying, selling, and a wide range of transactions. It can also be to accept payments and facilitate commerce out of the reach of central governments or banking systems.
Who is behind the Stellar Network?
The Stellar Development Foundation was created as a non-profit organization. One of the most recognizable figures behind its creation was Stripe CEO, Patrick Collison. Stellar received $3 million in seed funding from Stripe.
Can the Stellar price reach $10?
The Stellar Lumens price has grown enormously since 2014 and has transformed itself into a network that can manage millions of transactions a month. Stellar certainly has scalability. As a result, it can reach $10 over the next few years.
Will banks and big businesses use Stellar too?
The Stellar Network provides a low-cost and high-speed alternative to send funds worldwide in the form of its XLM tokens. As a result, it could be an attractive tool for banks and big businesses to use. If they do, it could significantly drive up Stellar Lumens’ value.
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Disclaimer
Although the future price of Stellar Lumens (XLM) looks positive, the Stellar price predictions in this forecast system are for informational purposes only, not financial advice or investment advice. XLM coin and other digital currencies have potential rewards and risks due to several variables, which are highly volatile. Despite the positive outlook, the predicted digital coin price analysis of Stellar cryptocurrency and similar coins on the crypto market is not guaranteed to be a good investment option as a price drop in a bearish trend is just as likely as a bullish trend when it comes to the Stellar XLM price or its market cap. Anyone who invests should do their own research and seek independent financial advice for a classic current market status and price prognosis.
