Stellar Lumens (XLM) is one of the oldest cryptocurrencies around. Many technological developments have been on the Stellar Lumens platform, but the latest is on 12 Jan 2022.
Muxed accounts were implemented in Protocol 13, and they’ve existed at the protocol level since the July 2020 network upgrade. However, they were hidden behind a feature flag in the Stellar SDKs until 10 Jan 2022 to give ecosystem projects time to adjust their code to enable users to send payments to muxed accounts. Learn more about mixed accounts here.
After years of growth, it has a TVL of around US$1.5 billion to date, ranking it 40th among public chains, and this rate is far less than that of the up-and-coming public chains that are just starting. Many DeFi tracking sites use Total Locked Value (TVL) as a reference point. Simply put, TVL represents the number of assets that are currently being staked in a specific protocol
In this Stellar lumen (XLM) price prediction, let`s take a closer look at Stellar price history, technical analysis, and Stellar price prediction for the upcoming years.
What is Stellar Lumens (XLM)?
Stellar blockchain technology was launched in 2014, making it one of the oldest cryptocurrencies that still has survived among the top 100 most significant coins: Jed McCaleb, the co-founder of Ripple and founder of MT. Gox, together with a lawyer, Joyce Kim, created this project as an alternative to Ripple.
With support from Stripe CEO Patrick Collison, the stellar network was launched with 100 billion stellar coins issued at first, after seed funding of $3 million was offered in return for 2 percent of the total XLM token supply from the blockchain startup.
Almost a year later, in January 2015, stellar cryptocurrency already had more than 3 million users, with a market cap just below $15 million. The Stellar Lumens price analysis reveals that the market’s volatility follows an increasing direction. This signifies that the XLM/USD values subject to change will fluctuate in the direction the volatility moves; more volatility means the XLM price is more prone to undergo variable change.
The digital currency utilizes Stellar consensus protocol, their customized version of blockchain. To run the XLM cryptocurrency network, a total of 66 validator nodes operate across the globe, with three nodes run by the Stellar Development Foundation itself. This means less decentralization while gaining increased speed and reduced fees for cross-border payments.
Founder and CEO Denelle Dixon described this as a significant step forward for Stellar since it successfully connects the blockchain and the real world. This represents a monumental development for the Stellar network and the wallets that are part of the Stellar network; Stellar has since announced a U.S. pilot program to test this feature.
Although much has been made about bitcoin acceptance in the real world, this relationship, if further developed, represents a significant step forward in this regard.
Stellar network enables MoneyGram’s bankless payment method
The Stellar network’s connection with MoneyGram International, the world’s largest money transfer company, is becoming stronger by the day. The firm has disclosed a live cash-in and cash-out pilot in the United States in an official blog post.
A New Europe-Africa Payment Corridor Will Be Created With Stellar’s New Partner MoneyGram has formed a partnership with the Stellar Development Foundation after dissolving its engagement with Ripple after the SEC lawsuit against its leaders. Since January, the company’s business partners have made significant measures to enhance the company’s ability to process payments.
New MoneyGram initiatives have enabled them to implement “one of the fastest, most frictionless. transactions” possible, according to the company.
Cash-In Cash-Out pilot program by Stellar and MoneyGram
This is the first step in MoneyGram’s relationship with Stellar: a live cash-in and cash-out pilot in the US. Money may be deposited into digital wallets at any MoneyGram facility participating in the test experiment.
Source: Twitter
Therefore, various payment processors frequently use the Stellar platform worldwide, naturally leading the Stellar lumens price to increase over time. You can buy Stellar Lumens at any exchange.
Stellar Overview
| Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
|---|---|---|---|---|---|---|---|
 Stellar XLM | XLM | $ 0.191392 | $ 4.75 B | 2.61% | 24.82 B | $ 227.78 M |
Stellar Network & Signals
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Where to buy Stellar Lumens (XLM)
The reputable exchanges to buy XLM are Binance, OKEx, CoinTiger, FTX, Huobi Global.
XLM price history and technical analysis
Stellar XLM market price has seen a substantial increase over the past years. Stellar spent most of 2018 and 2019 retracing from the previous all-time high of around $0.50.
Technical analysis gauges provide real-time ratings for the specified periods. The summary for XLM/USD is based on the most prominent technical indicators — Moving Averages, Oscillators, and Pivots. Results are given in the image below.
Source: TradingView
At the beginning of 2020, the market eventually bottomed out around the $0.03 mark, as seen on the price chart.
During 2020, Stellar price established a significant swing higher high at $0.12 and a higher low at $0.07. In November, Stellar lumens price started rapidly pushing higher until the $0.23 mark was reached.
This spike pushed stellar forecast price for next year much higher as the market had finally shown signs of solid recovery.
Over the following weeks, the XLM coin price action retraced to retest the $0.12 previous resistance as support.
From there, the cryptocurrency market rallied over the following weeks until a new all-time high of just above $.60 was set, reaching a market capitalization of almost $15 billion.
During February and March, the Stellar price saw another retracement together with Bitcoin price, which also saw a new all-time high set at the time.
Support was eventually found around the $0.35-$375 area, where the market consolidated for some time.
At the end of March, the overall bullish trend resumed, and we saw the crypto market price almost retest the $0.60 all-time high. Currently, XLM is facing bearish momentum, as is the entire market environment. The support levels have been broken, and every altcoin is falling out of its bull run.
As of now, the market situation is bearish, and the support level is being tested. A change in the price of currencies has come.
Right now, it is in bearish momentum. In the 4-hour chart, we can make a short-term Stellar Lumens price predicition using the above technical analysis. With the reversal in the trend, it can be said that the price of the coin has changed its bearish outlook as it is trading above the 50-day and 100-day MA, breaking out of the upper end of the Bollinger Band. This gives a favorable outcome to the price.
The bulls have been leading the market for a while, although a drop in price is also observed just recently as the selling pressure has started to build in the market as the price touched $27.44. $27.44 is the nearest resistance level, and it is expected the bulls will make a breakthrough..
XLM price prediction by Wallet Investor
One of the most popular outlets, Wallet Investor, has set a 1-year Stellar forecast price at $0.536. The forecast chart shows that the expected trading range is very volatile. This, however, is outmatched by the potential price return. XLM is expected to reach 1.5 USD in 5 years.
XLM price prediction by Digitalcoin
DigitalCoin has a much more bearish Stellar price prediction, as they expect XLM to end the year at around $0.37889963489. XLM will dip at $0.56814177049 in 2026. By 2029, XLM is expected to recover and climb up to $1.19. If you buy $100 XLM on 13 Jan 2022, at $0.27791253545, you will gain 418.19% or a total value of $518.19.
Source: DigitalCoinPrice
XLM price prediction by CryptoGround
Crypto Ground has a very bullish forecast and investment advice for the XLM over the next few years. They estimate that XLM/USD will trade at the $0.4389 mark at the end of 2021. By the end of 5 years, the Stellar Lumens XLM price is projected at $1.06.
XLM price prediction by TradingBeasts
As always, TradingBeasts has one of the most detailed price predictions. For 2023, XLM price is very bullish overall. This is likely because analysts expect investments from financial institutions over the next few years as the network’s popularity grows. The Stellar price is $0.2806670, but by the end of 2022, the average Stellar price is expected to be $0.3581115. In January 2023, the Stellar price is forecasted to be average $0.3507442. The expected maximum price is $0.4384303; the minimum price is $0.2981326. By the end of 2023, the average Stellar price is expected to be $0.4261245.
XLM price prediction by Longforecast
Longforecast has a bearish outlook for the next two years. By May 2023, they predict an average price of $0.08-0.10, with the maximum price expected to reach $0.14. Take a peek below:
XLM price prediction by Digitalcoin
Digitalcoin algorithm predicts that the Stellar Price can be up to $0.28522163513 by tomorrow. 1 Stellar (XLM) can roughly be up to $0.43789316439 in 1 year, a 2X nearly from the current Stellar price. The lowest price of Stellar (XLM) in the future would be $1.12, and the highest would be $1.24, according to Digitalcoin. Stellar’s (XLM) price will not decrease based on their estimates.
Predicted XLM prices by Digitalcoin are:
| After 1 year (Jan 2023) | Maximum of $0.43789316439 |
|---|---|
| After 2 years (Jan 2024) | Maximum of $0.57495991869 |
| After 3 years (Jan 2025) | Maximum of $0.60777143707 |
| After 4 years (Jan 2026) | Maximum of $0.59803772283 |
| After 5 years (Jan 2027) | Maximum of $0.71956872451 |
| After 6 years (Jan 2028) | Maximum of $1.04 |
| After 7 years (Jan 2029) | Maximum of $1.15 |
Cryptopolitan XLM price forecast
Our Stellar price prediction agrees with most analysts. Given that the current market cycle will likely end in 2022 or 2023, we expect another major retracement by the end of 2025. Therefore, much depends on the overall cryptocurrency market price movement.
Overall, we expect Stellar price to reach above the $1.5 mark and, if the overall market cycle is bullish by 2025, we could see further gains too much higher targets.
Long-term XLM price prediction is a lot more bullish. As mentioned, by 2025, we should see another significant market cycle turn bullish. Therefore, the market could see 10-20 gains beyond 2025, meaning an XLM price target of $15-$25.
Is XLM a good investment?
The crypto exchange rate against fiat currency has increased rapidly over the past months. Therefore, we expect the bullish momentum to continue later this year, meaning that XLM should provide a good return on investment.
Where to buy Stellar (XLM)
If you want to know where to purchase Stellar, the best cryptocurrency exchanges for trading Stellar coins are Binance, Mandala Exchange, OKEx, CoinTiger, and Huobi Global. You may discover others listed on our crypto exchanges page.
Final verdict on XLM
Overall, Stellar (XLM) is one of the oldest and best-known cryptocurrencies that trade among the most prominent altcoins. It offers fast and low-cost transaction processing while sacrificing some of the decentralization.
This means that the Stellar blockchain network has excellent potential as a go-to option for payment processors across the globe. Therefore, the Stellar coin should see a further increase in popularity and price over the following years.
FAQs about XLM
Will XLM reach $1?
Given the current market bullish momentum, we only need XLM to double once again before the $1 mark is reached. This should be seen over the following months as the market currently retraces to build a base on moving higher later this year.
However, whether XLM/USD can remain above the $1 mark by the end of 2021 depends on the overall market condition. It has an excellent potential to be one of the best payment systems.
Can XLM reach $100?
Stellar has seen rapid growth over the past years, with more than 100 times price increases seen before. Considering that the cryptocurrency currently trades around the $0.5 mark, we need a 200 times price increase to reach the $100 mark on a cryptocurrency exchange.
This would mean a total capitalization of more than $2 trillion, which exceeds the total cap of Bitcoin right now. Therefore, it is not very likely that we will reach $100 over the following years.
Is XLM a good investment in 2021?
XLM has tripled in price since the start of 2021. The bullish momentum continues setting higher highs and higher lows as the overall market popularity grows. Therefore, we expect XLM to continue moving much higher this year and reach above the $1 mark as a minimum.
Is XLM worth buying in 2022?
XLM is one of the oldest and best-known cryptocurrencies expected to grow in price, size, overall popularity, and usability. Therefore, XLM should be considered for inclusion in your portfolio.
How high could Stellar Lumens go?
There is no limit to how high Stellar Lumens’ price could go. Over the following years, we expect the market to reach above the $2 mark, with a $15-$20 target after 2025.
How to buy and sell XLM?
Since Stellar is one of the oldest and best-known digital assets, Stellar Lumens (XLM) can be purchased on practically every cryptocurrency exchange.
By reading your favorite coins’ price analysis and roundup, you may keep yourself updated and better able to make a decision.
