XLM has recently announced its partnership with SatoshiPay, which together can collaborate for micropayment solution. Stellar has recently got pampered when the Gibraltar Blockchain Exchange started supporting XLM to its list of tradable coins. Not only that, a crypto investment firm called Grayscale announced the launch of an innovative platform, solely for Stellar Lumens and aims to bridge the gap between traditional and virtual money corridors. Another big achievement of the Stellar community is the partnership with Europe's famous digital publisher, Axel Springer, which offers the option to pay in XLM to content creators online.
Stellar showed quite a bit of fluctuation but not got affected as much as other cryptocurrencies, especially during the bearish cycle. Stellar Lumens has seen a considerable level of increase in its adoption rate. What has contributed significantly to its adoption over the past months is the new international payment system of IBM – World-Wire. IBM Blockchain World Wire uses the blockchain of Stellar Lumens (XLM) to process cross-border payments. Recently, the platform received a certificate of compliance with the Sharia Law, which includes the Islamic states. Stellar is one of the very few coins to achieve this high adoption rate amongst the Muslim people.
After outperforming Bitcoin Cash and reaching the 4th position, Stellar again fell down to the 9th position. The lightning network integration and the release of Starlight, which enables bi-direction payment channels on the XLM network is one of the big advancements that enable two parties to transact for multiple times without broadcasting them, at the same time giving a cheaper and faster platform.
Stellar Lumens price for today is $0.074555. Its current circulating supply is 19,168,570,823 XLM with a market cap of 1,429,119,281 USD.
The Stellar network is a pragmatic blockchain project which aims to work as a bridge between the exactly opposite worlds of decentralized cryptocurrency and traditional, centralized financial institutions. Stellar is known for its unique consensus method — the Stellar Consensus Protocol, which is totally unique in the blockchain ecosystem in a traditional sense.
Stellar is a blockchain platform which is primarily focused on integrating distributed ledger technology (DLT) into existing financial infrastructure. Stellar presents as the future of banking and intend to address the gaps that exist between the disparate closed system, composed of the current international financial markets.
While Stellar offers advantages to everyday users, organizations, financial institutions, and banks are positioned to gain the most from the system it proposes. Stellar allows these organizations to leverage its network to reduce the transaction and remittance costs, manage micropayments, and increase the reach through mobile branches.
As the market is very volatile, it is not easy to predict any cryptocurrency per se, that too, when it is the 6th largest cryptocurrency in the world. Looking at all the predictions given by the market enthusiasts/ publications/ traders, one thing is certain that there is a lot of hope surrounding Stellar price prediction.
Long Forecast gave an entirely conservative prediction, where they forecasted that by the end of 2019, XLM might reach $0.30, which make sit look like it won't grow much as compared to the current price. Maybe, the end of 2019 prediction is missing if this can be considered the prediction for the 1st half of 2019.
Wallet Investor updates prices and predictions every three minutes using the latest technical analysis. They have very conservatively made a 5-Year forecast of $1.005.
The price forecast at Mega Crypto Price has been very optimistic for all the cryptocurrencies and its the same for XLM, too, predicting that Stellar could be worth $5.10 by the end of 2019. The team says that this can be achieved as long as there are no major security flaws and the overall sector performs well.
Monetize believes that Stellar’s major partnerships will be the major reason behind an upcoming price surge, which might result in XLM’s price reaching $2-$3 by 2019. Beyond IBM, Stellar’s partners include Stripe, Deloitte, etc.
For example, Stripe gave Stellar a 3-million-dollar capital injection a few years back which Stellar immediately returned in XLM.
This website features a long-range forecasting model to make market forecasts for corporate clients. The website has its own price prediction for 2020, which says XLM will see a high of $0.64 in 2020, which is by far the most conservative and pessimistic of XLM’s price predictions.
XLM is going to be trading on all the exchanges, which have been missing till now like NASDAQ, Bakkt, Robinhood. We are aware that Jed McCaleb's potential, and how he has reached mindblowing heights by pushing up XLM to be positioned as the 4th largest cryptocurrency in the world by market cap. Its previous invention has also recently gone up to grab the 2nd position. 2019 is going to be a very critical year as the partnerships are going to increase manifold and as the transaction costs are one of the lowest in the market, the user adoption rate is also going up exponentially. The powerful team consisting of McCaleb and David Mazieres will give it a run, as compared to its peers. By 2019, it is expected to reach more than $0.50, somewhere around $0.60- $0.66.
Not only Satoshi Pay, but Stellar is also getting ahead of its competitor by announcing a partnership with TransferTo, which will boost international money transfer, efficiently. 2019 will experience the continuity in the success of Stellar, where it might be hovering around $0.505 in February and March, after which it might pick up to reach around $0.611 in the second quarter. Because of its partnerships with the famous tech giants- IBM and Deloitte, it will be a market player in 2019. By the end of 2019, the XLM price may reach $0.664. You can convert XLM to BTC from CoinSwitch at the best rate.
Jed McCaleb announced about a partnership with 30 banks and s projects such as Mobius, Hashcash, and SatoshiPay. All of that allowed them to propose XLM prediction of $1. That would be a very optimistic prediction. We believe that Stellar Lumens may reach around $0.77 by 2020. Liverpool is aiming to become the world’s 1st carbon positive city by 2020, with the foundation and its utilization of the Stellar network playing a pivotal role in doing so. The speed at which the adoption of DLT on the Stellar network and these collaborations are happening demonstrates a fantastic validation of the capabilities of the protocol.
In a period of five years, Stellar will grow out to be one of the best performing cryptocurrencies, which means the rate of growth will be high. Some predict Stellar might reach $5, looking at the current rate of adaptability. But, according to a realistic and conservative analysis, we believe Stellar will certainly touch the $1 mark in 2023, in fact, we are predicting XLM to reach $1.14 by the end of 2023.
It might go up the ranking ladder, by market capitalization, considering that most market veterans are predicting that Stellar will show the growth percentage even more than Bitcoin. Through IBM’s partnership with the Australian government, Stellar is going to be one of the eminent partners that might garner huge success.
CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!
2018-07-24 21:10:52.202571 | 2 min
2018-07-13 12:11:20.425078 | 2 min