Stellar Lumens (XLM) is one of the oldest cryptocurrencies around. Many technological developments have been on the Stellar Lumens platform. One thing that draws believers to the coin is that it’s so cheap to send because that is the objective of XLM. Instant international transfer to challenge modernized banking systems should be the primary function of cryptocurrencies for massive adoption.
Can we rely on Stellar price predictions despite the market’s volatility? Let’s not take a shortcut but take the long path in assessing a coin’s value for inclusion in your crypto portfolio. How about a long-term outlook for supporting praiseworthy crypto projects?
US Congress leans towards sustaining crypto innovation through compliance and open dialogues between government agencies and founders. That’s good news for the industry.
Important discussion between @DenelleDixon and Sigal Mandelker of @RibbitCapital, former Undersecretary @USTreasury 🎙
— Stellar | #Meridian2022 | Rome, Italy | Oct 11-13 (@StellarOrg) August 24, 2022
Hear their thoughts on sustaining crypto innovation through compliance and open dialogues between government agencies and founders. https://t.co/h9briMN2ag
Can Stellar XLM reach $100? That is highly unlikely as it would mean a price increase of 1500x over the current levels. Stellar Lumens has more chances of reaching $5. However, the token supply is a limiting factor. Having a 23 billion circulating supply means a $100 billion valuation at $5 per coin. Speculations are constant fodder for those who pin their hopes on being in a position for price surges.
Today’s Stellar price is $0.110322 with a 24-hour trading volume of $95,874,375. Stellar is up 1.25% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $2,787,978,047. It has a circulating supply of 25,271,390,388 XLM coins and a max. supply of 50,001,806,812 XLM coins.
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.
New Developments in Stella Lumens Ecosystem
Stellar Lumen XLM recently underwent a new development by partnering with Fonbnk. However, Fonbnk provides an onramp for mobile-first, cash-based economies using prepaid airtime and USDC on Stellar Lumens.
The partnership with Stellar XLM will enable friction-free cross-border payments for the unbanked.
Furthermore, another new development to Stella Lumens XLM Coin is the recent partnership with Bitwage, which will help to integrate the use of USDT on the Stellar platform. Bitwage is a platform that helps users or remote workers to get paid in Bitcoin.
Stellar Overview
Stellar Overview
| Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
|---|---|---|---|---|---|---|---|
 Stellar XLM | XLM | $ 0.120526 | $ 3.07 B | 5.23% | 25.48 B | $ 241.11 M |
Stellar (XLM) Price History
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.
XLM performance coinmarketcap
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.
New developments in the Stellar XLM network
Stellar XLM recently partnered with Coinqvest, an all-in-all enterprise payment platform, to offer a programmable cross-blockchain settlement for merchants. Conqvest was built on the Stellar XLM blockchain network.
Two companies, Wyre and Rehive, built on the Stellar ecosystem, integrated to bring customers the ability to develop and scale a fintech app in a few days. Stellar announced this: https://twitter.com/StellarOrg/status/1516923219587985408
How to buy Stellar (XLM)
Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Stellar.
The native Stellar exchange, Lobstr, allows you to buy XLM directly on the network. See this longer list of XLM-supporting exchanges for more options.
Note that digital currencies can be volatile, and buying them can be risky. While lumens will always have utility in the Stellar network, the price of lumens denominated in fiat currency may change, and you could lose significant value.
For storing XLM and for easy access to network features like payments and peer-to-peer sends, Stellar recommends hardware or digital wallet from this wallets list.
New Development in Stellar Lumens Ecosystem
Stellar Lumen XLM recently underwent a new development by partnering with Fonbnk. However, Fonbnk provides an onramp for mobile-first, cash-based economies using prepaid airtime and USDC on Stellar Lumens.
The partnership with Stellar XLM will enable friction-free cross-border payments for the unbanked.
Furthermore, another new development to Stella Lumens XLM Coin is the recent partnership with Bitwage, which will help to integrate the use of USDT on the Stellar platform. Bitwage is a platform that helps users or remote workers to get paid in Bitcoin.
Stellar Lumens Technical Analysis
Following a breakout from the descending triangle, Stellar Lumens XLM price broke the $0.12 resistance zone to make a higher high which signals a trend reversal. Pullback near $0.10 support could be a swing entry point. The nearest support zone is $0.10. Again, the nearest resistance zone is $0.120.
XLM is currently bearish, but we may see a slight uptrend. Technical oscillators also point to the sell zone, asking investors to sell.
Stellar Lumens Price Prediction By Authority Sites
Wallet Investor
Wallet Investor predicts that Stellar XLM is a good investment for the future. They predict that the coin will be worth $0.148 in one year. They also gave a five-year forecast on the coin, expecting the XLM coin to be worth $0.3026 in five years.
Trading Beasts
Trading Beasts believes Stellar XLM is a good investment for the future. In addition, Trading Beast expects the maximum price of XLM to be $0.1902 and the average price to be $0.1521 by 2022. Furthermore, the minimum price value of the coin is expected to be $0.1293.
By the end of 2023, the maximum price value of XLM is expected to be $0.2122. Again, the minimum price range is believed to be $0.1443, while the average price range will be $0.1698.
Trading Beasts also expects the XLM coin to have a minimum price range of $0.1756 and an average price range of $0.2066 by 2024. Again, the highest price of the coin is expected to be $0.2582.
By the end of 2025, Trading Beasts predicts that the minimum price range of XLM will be $0.1776. The maximum price range is $0.2613, and the average price is expected to be $0.2090.
Digital Coin Price
Digital Coin Price XLM price predictions are bullish. They predict that Stellar XLM is an excellent long-term investment. The XLM coin is expected to have an average price of $0.14, with a minimum price of $0.13. In contrast, the maximum price is expected to be $0.15 by the end of 2022.
By 2027, Digital Coin Price expects Stellar XLM’s maximum price to be $0.29. However, XLM’s average price range is forecasted to be $0.26. The minimum price range is predicted to be $0.21.
Furthermore, Digital Coin Price expects the minimum price range of XLM to be $0.48. With an actual maximum price or value of $0.52, the predicted average price range is expected to be $0.50 by the end of 2030.
By the end of 2031, the Stellar Lumens XLM maximum price range is expected to be $0.60. However, with a forecasted average price range of $0.56, the minimum price value of XLM is expected to be $0.53.
Stellar Lumens Price Prediction by Cryptopolitan
Stellar LUMENS Price Prediction 2022
By 2022, Stellar XLM is expected to have a minimum price value of $0.13; the average price range is expected to be $0.14. In addition, the maximum price range is set to reach $0.15.
Stellar LUMENS Price Prediction 2023
We expect Stellar Lumens XLM coin to have a maximum price value of $0.25 by 2023. The coin’s minimum price range is expected to be $0.21, while the predicted average price will be $0.22 by then.
Stellar LUMENS Price Prediction 2024
By 2024, the XLM maximum price range is expected to be $0.36. With an average price range of $0.30, the minimum price value of the coin is expected to be $0.29. Stellar Lumens is expected to increase in price and surpass our prediction if the coin’s ecosystem experiences new developments and partnerships.
Stellar LUMENS Price Prediction 2025
Stellar XLM is expected to continue its bullish run by 2025. We expect that the coin’s average will be $0.43. In addition, we predict that Stellar XLM Lumens’ minimum price will be $0.42, and the maximum price is expected to be $0.51.
Stellar LUMENS Price Prediction 2026
By 2026, the average price of Stellar XLM is believed to be $0.62. However, the minimum price is expected to be $0.60. At the same time, the maximum price range is forecasted to be $0.72. Hence, this is possible if there is more crypto adoption globally. 0704909 2042
Stellar LUMENS Price Prediction 2027
The Stellar XLM is expected to be bullish, with the projected average price of $0.91. However, with a minimum price range of $0.88. The maximum price is projected to be $1.04 by 2027.
Stellar LUMENS Price Prediction 2028
By 2028, the XLM maximum price range is predicted to be $1.55. With an average price expected to be $1.32, the minimum range is assumed to be $1.27. We expect XLM to surpass our prediction if more use-cases exist in the Stellar Lumens ecosystem.
Stellar LUMENS Price Prediction 2029
By 2029, the minimum price is expected to be $1.77 with a $2.21 maximum price range. At the same time, we expect the coin to trade at an average price of $1.82.
Stellar LUMENS Price Prediction 2030
We expect 2030 to 2031 to see a surge in the price of XLM. Again, XLM’s price value is expected to have a maximum value of $2.97 by 2030. In addition, we forecast that its average price range will be $2.65. The minimum price range is expected to be $2.56 by then.
Stellar LUMENS Price Prediction 2031
Stellar XLM is expected to be bullish by 2031. The coin is predicted to reach a price mark of $4.40 at maximum. Again, the coin’s average price is expected to be $3.66, while its minimum value will be $3.53.
Stellar Price Prediction by Industry Experts
Famous crypto influencer Ryan Matta predicted that XLM’s would be 10x in the future. However, he indicated that if Bitcoin gets bullish and moves higher above its $30,000 resistance zone, we might see the coin run with Bitcoin and a price level above $0.4.
Conclusion
Stellar Lumens is a decentralized and open-source network. Its coin is supported by The Stellar Development Foundation (a US-based non-profit organization). Using Stellar Lumens’ price forecast, we deduce that this cryptocurrency may be a good investment option. However, it is essential to know that Stellar price prediction for 2022 and beyond can change. It may achieve its price target and forecasts, and it may not.
Stellar has a promising future ahead of it. Even though things may not look like it now, due to the bearish trend this year, we should expect a swift turnaround soon. To truly thrive in the crypto market, Stellar must create new developments, establish new partnerships, and speed up adoption. Although Stellar XLM has a positive outlook, you must do your research before investing in it.
