What Is Stellar (XLM)?
Put simply, Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked – but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology.
The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.
If all of this sounds familiar, it is worth noting that Stellar was originally based on the Ripple Labs protocol. The blockchain was created as a result of hard fork, and the code was subsequently rewritten.
Who Are the Founders of Stellar?
Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013 over disagreements about the company’s future direction.
In explaining the rationale behind Stellar in September 2020, McCaleb told CoinMarketCap: “The whole original design of Stellar is that you can have fiat currencies and other kinds of forms of value run in parallel with each other and with crypto assets. This is super important to drive this stuff mainstream.”
McCaleb’s goal is to ensure that Stellar can give people a way of moving their fiat into crypto – and eliminate the friction that people normally experience when they are sending money around the world.
He currently serves as the CTO of Stellar, as well as the co-founder of the Stellar Development Foundation. This not-for-profit organization aims to “unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.”
Stellar Price Prediction 2021, 2025, 2030 | XLM Price Forecast
If you’re looking for Stellar price predictions/forecast for 2021, 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Stellar (XLM) will go in the future? We will analyze the past prices of Stellar (XLM) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
Stellar Price Prediction
Stellar Past Price Analysis
According to the latest data gathered, the current price of Stellar is $0.36 and XLM is currently ranked # in the entire crypto ecosystem. The circulation supply of Stellar is 24,636,943,555 with a marketcap of $8,834,092,338.
With an increase in its trading volume and market cap, the Stellar’s price has shown a good increase of 10.03% in the last 24 hours.
From last 7 days the XLM was in good upward trend and increased by 12.12%. Stellar has shown very strong potential lately and this could a be good opportunity to dig right in and invest.
Within the last one month, the price of XLM decreased by -14.626%, eliminating a whopping average sum of $0.061 from its current value. This sudden down means that the coin is in dip right now, meaning that it can be a good buy opportunity for quick investment.
The 90 days price change is around 4.84% and the price circulated from a minimum average price of $0.34 to maximum average price of $0.38 in the past 90 days.
In Last 4 months Stellar has shown a growing trend. Thus, we think that similar parts of the market were quite popular at that period. According to the latest data collected, the trading volume of Stellar is increased from 4 months. The trading volume constitutes a vital role in its price.
The coin is up by 26.63% with the maximum average price of the coin was around $0.24 and the minimum average price of was around $0.23 in past 4 months.
Stellar (XLM) Price Prediction/Forecast
At PricePrediction.Net we predict future Stellar price predictions/XLM forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Stellar. We do our best to collect maximum historical data for the XLM coin which include multiple parameters like past price, Stellar marketcap, Stellar volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Stellar Price Prediction 2021
According to our deep technical analysis on past price data of XLM, In 2021 the price of Stellar is predicted to reach at a minimum level of $0.31. The XLM price can reach a maximum level of $0.35 with the average trading price of $0.34.
Stellar Price Prediction 2022
The price of Stellar is predicted to reach at a minimum level of $0.48 in 2022. The Stellar price can reach a maximum level of $0.57 with the average price of $0.49 throughout 2022.
XLM Price Forecast for 2023-2024
As per the forecast price and technical analysis, In 2023 the price of Stellar is predicted to reach at a minimum level of $0.70. The XLM price can reach a maximum level of $0.84 with the average trading price of $0.72.
The price of 1 Stellar is expected to reach at a minimum level of $1.01 in 2024. The XLM price can reach a maximum level of $1.22 with the average price of $1.05 throughout 2024.
Stellar Price Prediction 2025
Stellar price is forecast to reach a lowest possible level of $1.51 in 2025. As per our findings, the XLM price could reach a maximum possible level of $1.76 with the average forecast price of $1.57.
Stellar Price Prediction 2026
According to our deep technical analysis on past price data of XLM, In 2026 the price of Stellar is forecasted to be at around a minimum value of $2.26. The Stellar price value can reach a maximum of $2.66 with the average trading value of $2.32 in USD.
Stellar (XLM) Price Prediction 2027
The price of Stellar is predicted to reach at a minimum value of $3.31 in 2027. The Stellar price could reach a maximum value of $3.90 with the average trading price of $3.40 throughout 2027.
Stellar Price Prediction/Forecast 2028
As per the forecast and technical analysis, In 2028 the price of Stellar is expected to reach at a minimum price value of $4.82. The XLM price can reach a maximum price value of $5.79 with the average value of $4.99.
Stellar (XLM) Price Prediction 2029
The price of Stellar is predicted to reach at a minimum value of $7.29 in 2029. The Stellar price could reach a maximum value of $8.43 with the average trading price of $7.54 throughout 2029.
Stellar Price Prediction 2030
Stellar price is forecast to reach a lowest possible level of $10.24 in 2030. As per our findings, the XLM price could reach a maximum possible level of $12.68 with the average forecast price of $10.54.
What Makes Stellar Unique?
Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal – transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion.
Stellar is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs a few cents at the time of writing, this helps ensure that users keep more of their money.
Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, Stellar and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the Stellar network and transact using bridge assets such as stablecoins.
Although other blockchains have community funds, meaning that grants can be given to projects that help further the ecosystem, Stellar allows its users to vote on which ventures should be given this support.
How Many Stellar (XLM) Coins Are There in Circulation?
A total of 100 billion XLM were issued when the Stellar network launched in 2015 – but things have changed since the release date. At present, the total supply stands at 50 billion XLM, and the circulating supply is currently 20.7 billion.
In 2019, the Stellar Development Foundation announced that it was burning over half of the cryptocurrency’s supply. This means that it now controls approximately 30 billion XLM. While some of this capital is earmarked for marketing and helping the organization develop, about one third is reserved for making investments in other blockchain ventures.
Explaining why it took this drastic move – and promising not to burn any more XLM in the future – the foundation explained: “SDF can be leaner and do the work it was created to do using fewer lumens… Those 55.5 billion lumens weren’t going to increase the adoption of Stellar.”
How Is the Stellar Network Secured?
This network is secured using the Stellar Consensus Protocol, which is described as having four main properties: “Decentralized control, low latency, flexible trust, and asymptotic security.”
Through SCP, anyone is able to join the process of achieving consensus, and no single entity can end up with the majority of decision-making power. Transactions are also confirmed cheaply and within a few seconds -and safeguards are in place if bad actors attempt to join the network.
Where Can You Buy Stellar (XLM)?
It is possible to buy Stellar from a wide range of top exchanges – including Binance, Coinbase, Kraken, Bittrex, Bitfinex, Upbit and Huobi. It’s also common to convert fiat into Bitcoin before purchasing altcoins, and you can find out more about how this is done with our guide.