Many individuals are contemplating investing due to the great potential of Stellar Lumens (XLM). However, like any other cryptocurrency investment, you should invest in Stellar Lumens (XLM) with caution and careful consideration. To make an informed decision, learn about XLM price predictions for 2023-2030.
Key takeaways
- Stellar has been developing Soroban – a smart contracts project, ready to take on Ethereum.
- XLM Price Prediction for 2025 indicates that the token’s price may range between $0.261 and $0.331.
- Stellar and Ripple are simultaneously components and partners sharing similar visions that play a crucial role in their tokens’ demands.
What is Stellar Lumens (XLM)?
Stellar is an open-source blockchain network designed for digital currency payment and trading. It was created in 2014 by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple, and his partner Joyce Kim. Initially called the “Secret Bitcoin Project,” it was officially launched in 2015.
Like Internet-connected computers for the free flow of information, Stellar seeks to function the same way for money. It operates as a decentralised and open network to create a global financial infrastructure by connecting banks, payment systems, and individuals, enabling fast and secure cross-border transfers. The Stellar Development Foundation (SDF), a nonprofit organisation, supports the network.
XLM, or Lumens, powers transactions on the Stellar network and facilitates faster, cheaper cross-border payments than traditional financial systems. For instance, a Japanese bank could easily use Stellar to send money to a bank in Mexico. When a payment is made, Stellar would automatically convert Yen to XLM, send the payment via blockchain, and then convert XLM back to pesos at the current exchange rate.
Moreover, Stellar is designed to complement existing assets and cryptocurrencies. Users can create digital representations of any asset as a Stellar token, which can be transacted on the blockchain and redeemed for the corresponding base asset. For example, stablecoins pegged to the U.S. dollar, like USDC, can be issued on the Stellar network.
As a decentralised financial network, no single entity can control transactions or prevent someone from joining or leaving Stellar. Even if some servers are turned off or fail, the network can still operate successfully.
XRP and XLM: The Pepsi and Coca-Cola of the cryptoverse
Stellar and Ripple are often compared against each other, as they are striving for the same problem – improving the ease of making transactions for payment providers and financial institutions. In fact, Jed McCaleb, Stellar’s creator, served as the Chief Technology Officer (CTO) of Ripple before leaving the project due to internal conflicts. However, there are key differences between these two networks.
For one, Stellar focuses on providing financial services to individuals and small businesses and was intended to target the unbanked, whereas Ripple inclines towards large financial institutions and the banks. This means that Stellar is targeting a different market from Ripple, and therefore their competition is less direct.
Another distinct quality is the approach each company takes to decentralisation. Stellar has a more decentralised network, with a non-profit foundation governing its protocol and distributing its funds. Ripple, on the other hand, is more centralised, with the company holding a large portion of the total XRP supply and having more control over the network.
Breaking News and Significant Updates
The Soroban project
Soroban marks one of the biggest upgrades of Steller ever since its inception in 2014. Its focus on scalability, sustainability, and testing marks a new generation of smart contracts. The project went live on a test network on September 20, and now available on Testnet, seamlessly integrates with and functions alongside the existing Stellar blockchain, already allowing users’ employment.
To some experts, Soroban is a bold act to take on Ethereum – by far the dominant smart-contract platform. However, Soroban has crucial qualities to increase its future uptake by users, which would ultimately result in an increase in activity on the Stellar network, meaning a fresh source of demand for the XLM tokens.
The Meridian 2023
In the Meridian 2023 conference, the Stellar Development Foundation made several important announcements:
- Partnership with Zodia Custody
- Integrations with Beans App and Boss Wallet
- Developer Engagement Tools
- Stellar Wallet SDK
Other milestones:
- Stablecoin issuer Circle has launched a Stellar-based version of its euro-backed stablecoin, EURC. EURC was previously only available on the Ethereum and Avalanche networks.
- Payment processing giant MoneyGram announced plans to launch its own noncustodial crypto wallet. The noncustodial crypto wallet will be built on the Stellar network and hit the market in the first quarter of 2024.
- Allbridge has introduced interoperability to the Stellar ecosystem through a new cross-chain bridge. The new bridge offers seamless digital asset transfer between Stellar and other prominent chains such as Ethereum, Solana, Celo, and Polygon.
- Coinbase International Exchange has announced its plans to list Perpetual Future Contracts for Stellar Lumens (XLM) and three other coins. The four trading pairs for the four assets will be listed on December 30 by 10 am UTC, setting the stage for its clients to embrace these new digital currencies provided the liquidity conditions are met.
Stellar Lumens (XLM) Price History
In its initial three years in the crypto market, the Lumens token stood out for its stability, despite not being a stablecoin. Its price fluctuated around $0.002 until March 2017. From that point onwards, it experienced a significant surge, offering investors nearly 50 times the initial investment.
The rise in investor interest led to a peak for XLM at $0.938 on January 4, 2018. However, the bullish trend was short-lived, and by March 2018, the coin had relinquished most of its gains, plummeting to as low as $0.17. In May 2018, XLM partially recovered, reaching $0.46, only to conclude the year at $0.114.
In early 2020, the coin’s performance slightly improved. However, the global pandemic caused another drop, although it remained significantly more valuable than in its early years. Eventually, XLM experienced a notable surge and surpassed the $0.2 mark in 2021.
In 2022, the XLM price began at $0.2674 after retreating from its peak of $0.7965 during the May 2021 crypto rally. Despite subsequent rallies in September and November 2021, the price failed to reach that level again. The all-time high for XLM was reached during the crypto bubble in January 2018, when it reached $0.9381.
Despite the fluctuations, Stellar has been gradually recovering in 2023, except for the earlier fall in March. Most experts in the crypto industry expect the XLM token to continue its recovery journey throughout 2023.
XLM Price Predictions: Expert’s Opinions
According to CoinCodex, the short-term prediction for Stellar Lumens indicated a potential rise to $0.1163 by October 5, followed by a further increase to $0.1304 by October 30. The technical analysis was neutral, with 16 indicators suggesting bullish signals and 13 indicating bearish signals.
Based on historical data, DigitalCoinPrice’s prediction for XLM estimated an average price of $0.12 in 2022, $0.26 in 2023, and $0.36 in 2024. Their prediction for 2025 anticipated a potential increase of $0.47, while their projection for 2030 was $1.61.
CryptoPredictions.com suggested that by September 2023, the coin projected a value of $0.1572. Their prediction for 2025 indicated a potential starting value of $0.1577, declining to $0.15701 in September and dropping to $0.1565 by December. The decline was expected to continue into 2026, with a potential closing value of $0.1532.
Lastly, WalletInvestor presented an optimistic prediction for stellar lumens. They suggested that the cryptocurrency could be trading at $0.145 in September 2023 and reach $0.26 within five years.
*Note that price forecasts are often subject to inaccuracy, given their potential volatility. Besides, many long-term predictions rely on algorithms that can change over time.
Yearly Stellar Price Predictions 2023 – 2030
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2023 | $0.0817 | $0.198 |
2024 | $0.168 | $0.242 |
2025 | $0.216 | $0.311 |
2026 | $0.273 | $0.392 |
2027 | $0.351 | $0.506 |
2028 | $0.448 | $0.645 |
2029 | $0.572 | $0.823 |
2030 | $0.738 | $1.062 |
Stellar Price Prediction 2023
Stellar Lumens may maintain its upward trend, reaching an average price of $0.140 by the end of 2023. The projected high for 2023 could be around $0.198, while the low is expected to be around $0.0817.
Stellar (XLM) Price Prediction 2024
Based on our XLM crypto price prediction for 2024, the value could reach an average of $0.205. Analysing the Stellar price, there is potential for it to reach a maximum of $0.242, while the minimum price may be around $0.168.
XLM Coin Price Prediction 2025
According to the Stellar Lumens price prediction for 2025, the coin could reach a maximum price of $0.311. However, there is also a downside risk, with the potential to fall as low as $0.216. The average price might be around $0.264 by the end of 2025.
XLM Crypto Price Prediction 2026
The projected maximum price for XLM in 2026 is $0.392. Our XLM price prediction 2026 suggests a potential minimum price of approximately $0.273, with an average price of $0.332. Despite the inherent volatility, the blockchain’s strength by 2026 may mitigate the high risks associated with cryptocurrency.
Stellar (XLM) Price Prediction 2027
Considering the Stellar price prediction and technical analysis, the maximum value is anticipated to reach approximately $0.506. The minimum and average values are projected to be around $0.351 and $0.428, respectively.
Stellar Lumens Price Prediction 2028
The maximum price for the year is $0.645, while the minimum price is $0.448. Traders can also expect an average price of approximately $0.546. The forecasted percentage change for the year indicates a potential increase of over 200%.
Stellar (XLM) Price Prediction 2029
Based on our Stellar coin price prediction, the Stellar price may reach an average of $0.698 by the end of 2029. The expected high for 2029 is around $0.823, while the low is projected to be approximately $0.572 on the downside.
XLM Crypto Price Prediction 2030
According to our Stellar Lumens price prediction for 2030, the XLM price could reach an average value of $0.900 by the end of the year. The projected high for 2030 is expected to be around $1.062, while the low is estimated at $0.738 on the downside.
Investors’ Insight: Is Stellar Lumens (XLM) a Good Investment?
Stellar (XLM) might be a good investment, given its use cases and features. Stellar strives to be a platform offering inclusive financial services worldwide, catering to banked and unbanked individuals. Users, regardless of their location, particularly value Stellar Lumens (XLM) for its low transaction fees, rapid confirmation times, and robust network security. Transactions on Stellar are typically completed and verified within 2 to 5 seconds, with relatively inexpensive associated fees.
One notable feature of the Stellar Lumens platform is its high scalability. Currently, the network can handle up to 2000 transaction processes, and there is potential for further expansion to 10,000 transactions with the utilisation of services like Google Cloud Servers, as stated by the platform’s engineers.
Stellar encourages community growth through incentive programs, aiming to transform and integrate real-world money rather than replace it. This approach has garnered support from banks, positioning Stellar as a partner rather than a competitor to traditional financial institutions.
Furthermore, Stellar maintains a ledger that records all XLM transactions sourced from its network of servers, ensuring accurate and reliable information.
XLM Price Prediction FAQS
Can Stellar Lumens hit $10?
It is unlikely that the coin will reach $10 in the foreseeable future. However, the crypto market is highly unpredictable, and anything can happen. While a target of $10 may seem implausible, XLM has the potential to reach $1 in the future.
Does Stellar XLM have a future?
The credibility of Stellar Lumens is enhanced by its innovative and user-friendly service, positioning XLM as a trustworthy cryptocurrency investment. Crypto experts anticipate a positive trend for XLM in the future, highlighting its significant potential for long-term growth. Market sentiments vary between bullish and bearish. Some predictions indicate that XLM could surpass the $2.0 mark by 2030, while others suggest it may struggle to rise above $0.352.
How high can XLM go in 2030?
Considering the increasing popularity of Stellar XLM, investing in XLM for the long term may result in the coin’s price reaching $0.48 within the next five years. The XLM price is expected to reach an average value of $0.900 by the end of 2030.
Where to buy Stellar in Australia?
To purchase XLM in Australia, select a secure and reputable crypto exchange like CoinSpot. You then need to create an account on the exchange, verify it, deposit funds, access the Buy section, choose the desired quantity of XLM, and make your purchase. Once you have acquired XLM, you can store it in your CoinSpot wallet or transfer it to a personal wallet for enhanced security.
How much XLM should I hold?
Many analysts believe that XLM has the potential to significantly increase in value, possibly even double its current worth. However, it must demonstrate a bullish trend and attract substantial inflow to validate this prediction. To make significant profits, traders may need to consider holding their investments for over two years.
Is buying XLM safe in Australia?
Yes. Buying XLM in Australia is safe if you opt for a reputable and secure crypto exchange. CoinSpot, Australia’s leading crypto exchange, provides a reliable platform for purchasing Stellar with competitive fee structures. By using their services, you can have confidence in the safety and security of your XLM transactions. You can read our CoinSpot review for further details.