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 $0.048059. Its current circulating supply is 19,973,079,141 XLM with a market cap of 959,879,893 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 11th 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 $0.039, which makes it 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 $0.00291 and a 5-Year forecast of $1.005.
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 2020. 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.
Read more: Top Stellar Lumens Wallets
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 10th largest cryptocurrency in the world by market cap. Its previous invention has also recently gone up to grab the 2nd position. 2020 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 2020, 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. 2020 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 2020. By the end of 2020, 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 2025. Liverpool is aiming to become the world’s 1st carbon positive city by 2025, 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 ten 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 2030, in fact, we are predicting XLM to reach $1.14 by the end of 2030.
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.
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2020-01-08 17:14:06.802903 | 2 min
2019-09-12 13:26:54.547113 | 2 min