Best cryptocurrency exchange to buy Stellar Lumens - Bybit
Stellar Lumens (XLM) has emerged in recent years as one of the more innovative cryptocurrency platforms, focusing on facilitating affordable and efficient transactions globally. As with any digital asset, there is significant interest around how high the value of XLM might rise in both the short and long term. This article explores the key factors that influence the price of Stellar Lumens, analyzes price predictions from various analysts for different timeframes, and considers the chances of XLM reaching certain price points like $10 or $100 in the future.
The price of XLM is driven largely by market speculation, as well as strategic partnerships, affordable transaction rates, competitive technology/innovation, and the Stellar consensus protocol.
Predictions for the future price of XLM range from $0.124 by the end of 2023 to $0.2833 by the end of 2035 according to the analysis.
It is considered very unlikely that XLM will reach $10 in 2023 based on the predictions. Reaching $100 in 10 years is also seen as improbable.
Factors like volatility, mainstream adoption, strategic development, and global economic conditions will influence whether higher price points are possible in the long term.
Stellar is positioned as having low costs, speed, scalability and strategic vision that could support sustainable long-term growth for the value of XLM.
Stellar Lumens (XLM) has emerged in recent years as one of the more innovative cryptocurrency platforms, focusing on facilitating affordable and efficient transactions globally. As with any digital asset, there is significant interest around how high the value of XLM might rise in both the short and long term. This article explores the key factors that influence the price of Stellar Lumens, analyzes price predictions from various analysts for different timeframes, and considers the chances of XLM reaching certain price points like $10 or $100 in the future.
No information shall be viewed as investment advice (general or individual).
Stellar Lumen is a new cryptocurrency that has gained more attention among crypto enthusiasts. It is traded under the name ‘XLM’. Although the Stellar Network did not intend to create it in the beginning, the network’s activities naturally led to its development. And so far, so good.
XLM was first used in 2014 and has had 8 years to establish itself in the industry. Like XRP, XLM is suitable for fund transfer, smart contracts, and DeFi creation. But one of the best things about the platform is that traders are only charged 0.00001 XLM for transfers.
All this is possible because Stellar was built to be an online representation designed to be used for both local and digital currencies. The team that developed Stellar also wanted to make the platform as accessible and easy to use as possible.
This vision of user-friendliness would inadvertently lead to the creation of the Lumen cryptocurrency. It happened because increased ease of use made the platform susceptible to spam and abuse. To control the security and privacy issues, the Lumen was created.
The Lumen increased security by limiting the number of tokens an account needed to remain active. Of course, the Lumen does have numerous other uses, but its role in improving security on the Stellar Network was the most important. The Lumens also allowed transactions to be completed in less time, and with greater efficiency.
This security measure has been criticized as being unideal, but it serves its purpose well for Stellar.
Another positive effect that the Lumen created for the Stellar network was reducing costs. Since it was a built-in coin, it allowed Stellar to minimize transaction costs. A minimum of 0.00001 Lumen is needed for a transaction, and only 1 Lumen must be possessed by traders for their accounts to remain active. About the previous point of keeping the platform secure, these conditions make it harder for scams to flourish. All these amazing benefits are only possible because of Lumen.
If you have made an informed decision to buy XLM and invest on the Stellar platform, then these are the best places to try, along with the benefits of each:
As with any cryptocurrency, the price of the Lumen is primarily driven by speculation. However, the other factors that play a role in its price are equally important to understand. The Stellar platform has also done a lot of work to make sure that its conditions favor the price of the Lumen as positively as possible:
The Stellar Consensus protocol relieves each user of the platform from the need to confirm each transaction they make on the network. A consensus algorithm is used instead, making each transaction take less than a few seconds. Therefore, all transactions on the network are faster than they would be on other platforms. With faster transactions, XLM can have a greater volume of trades.
Throughout the time Stellar has been active, it has prioritized making meaningful and strategic partnerships. All these connections are made to enhance the users’ experience by making the coin stronger and more affordable. The most notable partnership made by Stellar was with IBM’s Blockchain World Wire.
Stellar is not only strategic and intentional about partnerships, but it is also serious about its contracts. They use smart contracts that are the safest and most reliable in the industry today.
As mentioned earlier, Stellar charges a minimum transaction commission that is only 0.00001 Lumens. This is considerably low and makes the Lumen highly competitive against banks and remittances. This helps raise the price of the coin.
The technology and services offered at Stellar are state-of-the-art. The cost of services is also low in addition to the platform being highly accessible and user-friendly. These factors make Stellar tough competition for its competitors.
Right now XLM’s greatest competitor is Ripple (XRP). Widely popular and mainstream, Ripple still meets a worthy opponent in XLM, frequently outperforming it.
In traditional staking, investors lock up part of their cryptocurrency for several years to contribute to a particular blockchain network in exchange for rewards. These rewards can be anything from coins to tokens.
However, with XLM, investors are not offered this option at the moment. Instead, Lumens can be staked through inflation mechanisms. This technique is risky because it is complicated. Most investors, therefore, avoid it. The effect this has is making the Lumen a relatively stable cryptocurrency because it is rarely affected by drastic price drops.
According to the Traders Union analysts by the end of 2030 Stellar Lumens (XLM) can reach $0.4863.
| Year | Price in the middle of the year | Price at the end of the year |
|---|---|---|
| 2024 | $0.1396 | $0.1491 |
| 2025 | $0.1592 | $0.1701 |
| 2026 | $0.1817 | $0.194 |
| 2027 | $0.2072 | $0.2213 |
| 2028 | $0.2363 | $0.2523 |
| 2029 | $0.2694 | $0.2877 |
| 2030 | $0.3072 | $0.3281 |
| 2031 | $0.3503 | $0.3741 |
| 2032 | $0.3995 | $0.4265 |
| 2033 | $0.4554 | $0.4863 |
| 2034 | $0.5192 | $0.5544 |
| 2035 | $0.592 | $0.6322 |
According to the Traders Union analysts by the end of 2025 Stellar Lumens (XLM) can reach $0.1871.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $0.1356 | $0.1507 | $0.1658 |
| February 2025 | $0.1372 | $0.1524 | $0.1676 |
| March 2025 | $0.1387 | $0.1541 | $0.1695 |
| April 2025 | $0.1402 | $0.1558 | $0.1714 |
| May 2025 | $0.1417 | $0.1575 | $0.1733 |
| June 2025 | $0.1433 | $0.1592 | $0.1751 |
| July 2025 | $0.1449 | $0.161 | $0.1771 |
| August 2025 | $0.1465 | $0.1628 | $0.1791 |
| September 2025 | $0.1481 | $0.1646 | $0.1811 |
| October 2025 | $0.1498 | $0.1664 | $0.183 |
| November 2025 | $0.1514 | $0.1682 | $0.185 |
| December 2025 | $0.1531 | $0.1701 | $0.1871 |
Based on the predictions we have seen so far, it is highly improbable that Stellar Lumens will hit $10 in 2023. As we have seen, there are no such projections, even for the upcoming years. However, it is still possible in theory, but it would require a miracle given far along the year already.
According to TU experts, in 2023 Stellar Lumens can reach $0.164.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| April 2024 | $0.1229 | $0.1366 | $0.1503 |
| May 2024 | $0.1243 | $0.1381 | $0.1519 |
| June 2024 | $0.1256 | $0.1396 | $0.1536 |
| July 2024 | $0.127 | $0.1411 | $0.1552 |
| August 2024 | $0.1284 | $0.1427 | $0.157 |
| September 2024 | $0.1299 | $0.1443 | $0.1587 |
| October 2024 | $0.1313 | $0.1459 | $0.1605 |
| November 2024 | $0.1327 | $0.1475 | $0.1623 |
| December 2024 | $0.1342 | $0.1491 | $0.164 |
Just as with the predictions of Lumens hitting $10 in 2023, this is highly improbable. None of the predictions even come anywhere close to $10.
Although such values are probable in theory, the volatility of cryptocurrencies in general means it is better to err on the side of caution.
According to TU experts, by 2030 Stellar Lumens can reach $0.3609, by 2033 it can reach $0.4863.
Every cryptocurrency on the market is volatile. It can go up in value as well as go down dramatically. For some, this quality is the appeal, but for the majority, it is a dangerous pitfall. You can invest as much as you are willing to risk.
That being said, once you have educated yourself and are sure you are ready to handle all the risks involved, XLM is a great option.
The future of Stellar Lumens remains bright and there has never been a better time to invest in this promising cryptocurrency. Although a future where the Stellar Lumens hits $10 or $100 is still improbable, few currencies can boast of having such positive reviews.
Although cryptocurrency will always be volatile, there is no need to avoid giving crypto a chance. With a proper understanding of how markets work, careful observation of trends, and the right platform, you can reduce your risks. Trading in XLM could be one of the best financial decisions you will ever make.
The following tools and instruments were used for making the prediction:
Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.
Statistical tools that allow experts to evaluate the probability of an event that may influence the prices of cryptocurrencies.
Individual features of a cryptocurrency startup and its competitiveness: number of tokens in free circulation, restriction of emission, potential usefulness of the startup for the society, roadmap and development plans of the startup, potential vulnerability of the startup’s blockchain, examples of hacks, failures in the entire history of cryptocurrency existence, capitalization dynamics compared to key competitors, share of major coin holders and other subjective factors.
Note:
This price prediction is based on current information and historical data. Strong fundamental factors capable of radically changing the overall situation in the cryptocurrency markets, impacting the prices of certain cryptocurrencies and subsequently changing the price trend, may appear in the future. The price predictions are updated regularly based on the latest data.
This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.
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Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
