Many crypto projects emerge with unique value propositions. Stellar Lumen is one such network focused on facilitating transactions at a low cost. XLM token is a secure way to store and send money globally.
Currently, crypto investors are watching Stellar Lumen (XLM) with expectations. Even though the coin started as a Ripple XRP hard fork, it made its way into different investors' portfolios. However, there have been many upwards and downwards XLM coin price movements since the crypto emerged 8 years ago.
Like other cryptocurrencies in the market, Stellar prices have also recorded some bearish trends following the 2022 cryptocurrency winter. But what is the future outlook for XLM? What are crypto experts' coin price predictions? Will lumens price increase, and to what limits?
Find the answers to these questions in this Stellar Lumens price prediction from 2022 to 2030. We also present vital details about the Stellar network
Introducing Stellar Lumens (XLM)?
Stellar Lumens is a decentralized peer-to-peer network that connects the global financial systems. The blockchain facilitates financial resource movements at minimal costs. The network is a quick way of sending money globally between payment processors, people, and banks.
On the Stellar blockchain, users can create crypto, trade, or send them to one another. The native currency on Stellar is XLM token. The coin facilitates transactions and enables participants to pay for their transactions. It also allows fast cross-border payments between many currency pairs.
Stellar support the development of decentralized applications (dapps) on its network. The network is a decentralized exchange and market with an in-built order book for tracking Stellar assets' ownership. With that feature, the users can manage their sell or buy order, and pick and set the assets they want in settlements.
A brief history of Stellar Lumens blockchain and crypto
Stellar Lumens emerged in 2014 as a Ripple hard fork. The founders were Joyce Kim and Jed McCaleb. The duo initiated the plan to launch Stellar after leaving Ripple over disagreements.
Being a branch of Ripple, Stellar was based on the network and operated from its blockchain. But one year after the hard fork, Stellar founders launched a separate network for it. In November 2015, Stellar became a standalone protocol serving individuals, small-medium-sized institutions, and large companies.
According to McCaleb, in September 2020, Stellar was designed to enable a parallel operation between fiat currencies, crypto, and any other form of money. By that, the network facilitates seamless movement of fiat to crypto.
Data shows that the Stellar network has hosted more than 4 million accounts and processed more than 450 million transactions. Users consider the network an efficient way of funds transfers and breaking into new markets.
What protocol does Stellar Lumens use?
Stellar Lumen network operates with a federated Byzantine agreement system. The SCP (Stellar Consensus Protocol) mechanism allows decentralized computing networks to agree on decisions. With this protocol, participants get a consistent view of the transaction history on the network.
Due to the SCP mechanism, transfers and transactions get confirmed within 3 to 5 seconds. This processing speed is faster than many banks' cross-border payments and transfers. Also, the SCP enables the network to support thousands of transactions in one second, enabling multi-signatures and smart contracts.
What makes Stellar different from other cryptocurrencies
Like XRP, Stellar provides support for efficient transfer and payments across the globe. But some distinct features separate the network from many cryptocurrencies.
- Transaction fees.
Cryptocurrencies like Bitcoin and Ethereum and fiat-based payments systems like PayPal charge over-the-roof transaction fees. But Stellar offers a low cost for cross-border payments and transfers. For instance, in 2018, the transaction cost was 0.00001 XLM. By June 9, 2021, when the Lumens price was $0.36, the average fee on the network was $0.00004.
- New coin generation
Stellar Lumen uses a unique way to release new XLM coins into the market. The Stellar Development Foundation is responsible for releasing the coins. The first release occurred in 2014, sending 100 billion XLM into the market. Afterward, the Foundation added 1% to the supply number. This is different from BTC and Ethereum, which allows mining of new coins.
Stellar has partnered with reputable big brand technology firms such as IBM to launch financial payment solutions. One of such projects is World Wire, a solution that supports large financial institutions to transact on the Stellar network using stablecoins or other bridge assets.
- Consensus mechanism
Stellar network uses a unique consensus mechanism, SCP, to ensure high-speed crypto transfers and transactions. Cryptos such as Bitcoin, Ethereum, and other altcoins use Proof-of-work or proof-of-stake.
Stellar Lumen Blockchain at a glance
Factors Affecting The Stellar Price
There are diverse internal and external factors responsible for the upward and downward trend in Stellar Lumens price prediction. Check them below;
If the supply of a cryptocurrency like Stellar is lower than demand, Stellar price prediction becomes positive. Stellar Lumen supply pattern is different from other cryptos. While networks release new coins through mining or staking, the Stellar Development Foundation releases the XLM coins.
Also, Stellar has a supply cap of 50,001,806,812 XLM, with over 25 million already in circulation. These two factors can help to drive XLM prices up. As the Foundation controls the coin's release, it will avoid saturation. Also, new ones will no longer exist after the last supply of the available Stellar coins.
Increased demand with limited supply will push Stellar Lumens price prediction to the uptrend. Some of the things that could drive demand are more popularity stemming from developments and exposure of the Stellar network and crypto.
For instance, the partnership with IBM pushed Stellar price higher during the announcement and afterward, too. If more partnerships occur, the demand for the crypto will increase, driving stellar lumens price prediction positively.
Another factor that could increase demand is popularity and trading volume. With more developments in the ecosystem, more investors will show interest. Also, as more crypto exchanges list Stellar Lumen, making it accessible to millions of users, its trading volume will skyrocket, thereby driving Stellar price upwards
Many forces in the macro environment of cryptocurrencies can push Stellar Lumens price prediction positively or negatively. For instance, many cryptocurrencies crashed in 2022 due to the bear market trend stemming from inflation and interest rate hike. Stellar Lumens price also recorded a deep plunge just as others were spiraling downwards.
Moreover, the push for crypto regulation in the market is affecting Stellar Lumens price prediction. The opinion about it has split into two. Some people believe that regulating the crypto industry will facilitate faster adoption into the mainstream, thereby driving higher crypto prices. But others opine that regulation will change the digital assets' foundation (decentralization), thereby dragging crypto prices down as more people lose interest.
If crypto is regulated and adopted into the mainstream financial system, Stellar price will skyrocket. But if regulation pushes a loss of interest, XLM token price will plummet.
Past Stellar Lumens Coins Price Performance
Stellar Lumens price predictions have always seen interesting uptrends and downtrends since its launch in 2014. Tracing Stellar price from 2014 shows that many factors influence the coin price. Let's follow XLM price history gradually under the influencing forces that drive it.
The launch and XLM price prediction
Stellar blockchain was launched in July 2014, and at the time, most cryptos had no real-life usage. So Stellar price took off at $0.003. By November 2014, Lumens coin price moved towards $0.0012, attracting many investors' interest to buy. But the price plummeted to 0.001 in December 2014. By August 2015, Stellar price decreased below the established low and spiraled downwards until early 2017.
Bitcoin momentum and Stellar price
It is evident from past crypto price prediction that Bitcoin trends affect the overall market. This was one factor that pushed XLM price upwards and downwards in 2017. April 2017 saw Stellar price braking resistance at $0.0038 following the then bullish momentum spiking the price to $0.073. This was the second surge upwards for Stellar lumens coin. When the bitcoin momentum turned bearish, Stellar also fell to $0.0063 per coin on September 15, 2017.
Partnership with IBM and Stellar price
By the end of 2017, Stellar announced a partnership with IBM. This development spiked the price of XLM coin up until January 4, 2018, when the price peaked close to $1, the all-time high for Stellar price.
This spike in price was also when the overall crypto market was at its peak. Many other digital assets recorded increased prices, and Stellar also felt the impact.
Suspected pump-and-dump on Stellar price
Stellar lumens price prediction in 2019 was completely bearish as the crypto recorded a terrible year after the all-time-high of 2018. The price fell dramatically by 90% after recording a brief increase, raising suspicions of a pump-and-dump scam. By 2019 the price of the coin was $0.16, and other aspects, including market cap, performance, and overall market trend, crashed, causing many to wonder if it's dead.
Global pandemic and Stellar price
The beginning of 2020 was a bit better for the crypto. But the coronavirus pandemic also affected Stellar Lumens price prediction. As other cryptos fell due to the overall macro forces, XLM coins also fell to $0.03. But it later corrected and recorded price fluctuations. By September 2021, Stellar price reached $0.73 and, after falling again, corrected below $0.29.
Crypto winter and Stellar Lumens price prediction
The beginning of 2022 started well for Stellar price following some announcements by the SDF. But after some time, the price fell to 20 cents per XLM coin by February 2022. As the entire crypto market became bearish, so did the XLM token. At the time of writing, Stellar price stood at $0.1083 on August 19, 2022, after losing 9.95% of its price on August 18.
What Is Current Stellar Price Performance? Is It Bullish Or Bearish?
Stellar price on November 16, 2022, stands at $0.092, showing a decrease in price from August 18, 2022 price. The technical analysis of XLM price on the chart above shows a downward price trend from its rally the previous day.
On November 16 Stellar price opened at $0.092. It recorded a decline in price at $0.093 and an intraday low at $0.09. By the close of the market, the coin price was $0.093. The price kept spiraling downwards from midday of August 18 until the crypto lost over 30%.
Stellar crypto hasn't had a good year this 2022. This is the same story for many cryptos in the market. From the beginning of August until now, the price has fluctuated between $0.1178 and $0.09. The general market has been bearish, and Stellar Lumens price prediction haven’t shown otherwise.
Stellar Lumens Price Prediction Today
According to technical analysis, Stellar lumens price prediction for Saturday, August 20, 2022, indicates that XLM coin minimum price will likely be $0.111. Based on that, the maximum price is expected to reach $0.122, while the average price might be $0.117.
Long-Term Stellar Lumens Price Prediction For 2023
By 2023, Stellar blockchain could be more scalable, increasing activities and driving more value to its native coin. But no one can predict market movements even with that. So, find price predictions for 2023.
Long-Term Stellar Lumens Price Prediction For 2023 – 2030
Many crypto analysts expect better performance in the long run for Stellar blockchain. According to predictions, the trend could be bullish in the long run. Check the long-term price forecast for XLM token.
Long-Term Stellar Lumens Price Prediction By Experts
Investing in crypto is risky due to the price volatility that characterizes its market trend. So, we usually recommend research and expert analysis on each existing project. This section outlines some popular crypto experts and their Stellar Lumens price prediction from 2022 to 2030. But remember, their price predictions will not be exact, since no one can predict the future of XLM prices. Take your time to research Stellar network, XLM coin, and history to decide the next steps.
Price prediction by Walletinvestor
According to Walletinvestor Stellar Lumens price prediction, the coin could reach $0.178 by December 2022. By the last month of 2023, the experts are optimistic of $0.21. Also, their 2025 Stellar price forecast stands at $0.352 with the expectations of more development in some years to come increasing Stellar network use-case.
Price prediction by ICOcreed
ICOcreed’s forecasts for XLM coin value in 2023 stand at an average price of $0.51. As the year rounds up, the minimum price might be $0.45, while a bullish momentum could push the crypto to a maximum price of $0.64
Price prediction by PricePrediction,net
The team of price prediction experts in PricePrediction.net expects a bearish trend for Stellar prices for 2022 and 2023. According to them, XLM token price could stand at 0.16 in 2023 and trade at $0.24 by 2023. For the long-term movement, the analysts are bullish, expecting the coin to reach $0.50 by 2025 and even $3.09 by 2030.
Price prediction by Al Pickup
Al Pickup uses a price analysis algorithm forecaster for crypto prices. The result of Stellar price forecast indicates that 2022 and 2023 will see the coin around an average price of $0.09. By 2024 and 2025, the XLM rate will be around $0.12 and $0.14. However, the Al Pickup algorithm forecasts a long-term price increase, finding the coin at $0.18 in 2026, $0.27 in 2027, and $1.28 in 2030.
Price prediction by DigitalCoinPrice
DigitalCoinPrice is more bullish on Stellar long-term price. According to the expert’s analysis, XLM coin price will be bullish in 2030 with a minimum price of $4.14, an average price of $4.29, and a maximum price of $5.07. These forecasts may or may not come true depending on the increase of Stellar lumens developments, acceptability, and overall crypto market growth.
Stellar Price Prediction By Margex
Margex teams of crypto experts and technical analysts present a detailed Stellar price prediction to compare with other expert opinions. While these forecasts could aid your decision to invest or not invest in XLM coin, it is not investment advice. Also, price predictions are not written on stone and could change unexpectedly. So, only invest the amount of money you can afford to lose.
Stellar coin price trend has recorded fluctuations since the beginning of 2022. It started at $0.20 and crashed during the crypto winter. It traded between $.1178 and $0.0911 from the beginning of August until 18 when it began spiraling downwards. XLM reached its lowest peak at $0.1074 during the evening hours of August 19 before starting an upward climb from $0.1081. The crypto has sustained the climb to August 20, reaching $0.1103, a 1.92% increase in 24 hours.
Many upcoming events could lead to a bullish momentum for XLM long-term price. For instance, the plans for Stellar blockchain include improving scalability and achieving interoperability. Also, by 2025, dApps in the ecosystem will simplify access to a seamless transaction with XLM, which could push the price to $2.81. By 2030, Stellar may likely become a PayPal-like solution, raising its prices to $7.78.
Crypto As A Financial Instrument Today
Storing crypto assets like Stellar XLM for a price increase may not work as you plan. The digital assets market is unbelievably volatile and could fail to yield expected results. Stellar price predictions by experts and algorithmic forecasting tools show that XLM investments might yield good returns in the long run.
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Stellar Lumens Price Prediction FAQ: Commonly Asked Question on Stellar Lumens Coin Trends
Given the volatility surrounding Stellar price since 2014, many investors might be confused about how to approach it. The answers below will help you decide whether to invest in XLM coins in the short or long term.
What will be the worth of Stellar Lumens price in 2025?
According to analysts' take on Stellar Lumens price prediction, XLM trading price might be between $0.48-$2 by 2025. Some experts think it might reach higher values, given its potential. Stellar Lumens was affected by the bearish conditions of the crypto market. But investors are optimistic that XLM coin will be a good long-term investment.
Can Stellar Lumens price prediction reach $5?
The price forecast for Xlm has been fluctuating over the years. Stellar price reached an all-time high of $0.938 in January 2018. Xlm has a great chance of crossing $5 eventually. One major contributory factor is that the Stellar Foundation controls the XLM coins in circulation.
Is there a future for Stellar Lumens?
XLM might be volatile, but according to statistics, it might be worth it in the long run. Predictions are all algorithm-based and are not accurate. The project reached an all-time high of $0.94 and an all-time low of $0.0012. The wise choice will be to invest in the coin with only what you can afford to risk.
Can Stellar price reach $10?
XLM token price on CoinMarketcap is $0.1101 and is currently ranked 27 in the crypto market. The cryptocurrency market is highly volatile. Xlm has had a hard time crossing the $1 trading price over the years. So it will take some time for the future price to hit $10.
Is Stellar a good cryptocurrency?
Stellar, co-founded by the founder of Ripple, Jed McCaleb, is a recognized project that has been around since 2014. One of its high points that attract potential investors is the low-cost money transfer it offers. Also, it is a hub for smart contracts, DeFi apps, and institutional crypto users.