In the last 24 hours, Stellar has performed incredibly well, as and when the news of the former Mozilla COO joining the Stellar Foundation reached the cryptizens. Stellar Lumens (XLM) is working towards expansion as per the recent reports. Even the head of partnerships for Stellar Foundation, Lisa Nestor announced that Stellar is working in many countries, across the world (mainly South America and America) for boosting Stellar's strategic partnerships. Needless to say, XLM has big names associated with it like IBM, Big Blue, Microsoft, and Intel. Even the world's largest crypto exchange, Binance started providing support for Stellar Lumens, which was also a big thing for XLM to prove its ability and worth.
Stellar Lumens' price for today is $0.066700. Its current circulating supply is 20,368,233,285 XLM with a market cap of 1,358,565,193 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 2020, XLM might reach $0.39, which make sit look like it won't grow much as compared to the current price.
Wallet Investor updates prices and predictions every three minutes using the latest technical analysis. They have very conservatively made a 1-Year forecast of $0.00484.
Crypto Ground has predicted that in a time period of one-year, XLM might reach $0.1054 and in 5 years, Stellar can go as high as $0.7422.
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.
Jed McCaleb announced 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 2025, in fact, we are predicting XLM to reach $1.14 by the end of 2025.
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.
This is not a very probabilistic figure, as Stellar Lumens is trading at $0.06 now.
Stellar Lumens is one of the top 15 cryptocurrencies by market capitalization and is favored by most of the cryptizens.
Stellar Lumens has produced a great milestone for its future. Considering those intact, it has great potential to grow.
It is estimated that Stellar Lumens might reach 1 USD by 2025.
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