XLM Skyrocket

The Stellar Lumens logo features a rocket. Perhaps this fact has become a kind of symbol of the rapidly gaining popularity of the coin. Do not take it for real, but the coincidence is there. In 2017, Stellar surprised and delighted many participants as much as Ripple. XLM jumped 500% in less than a month, after which the cryptocurrency soared in value from $0.21 to $0.91. This skyrocket did not go unnoticed. Thousands of people became millionaires within a short period of time.

Currently, amid the collapse of the cryptocurrency market, the price per 1 coin is fluctuating at $0.10-0.13. In general, the entire cryptocurrency market is now in a correction. There is a little volatility well-defined. Something is growing, another one is falling, but the overall market picture allows to see that whole crypto downfalls significantly from its historical maximums.

Many experts reckon that the market will be captured by a new wave of growth in in prospect. Not for nothing, there are more and more cryptocurrency users coming to this sphere. People take out loans, sell cars and invest in crypto, hoping to catch their cent, which probably can rise in value.

If Stellar Lumens is currently correcting, what does the future hold?

Stellar Lumens Forecast

As we are not psychics, we can’t talk about the future of XLM cryptocurrency for sure with 100% certainty. But, having analyzed the opinions of many experts, having read hundreds of websites about XLM and having clear examples from the cryptocurrency market, we can make the following conclusion: Stellar will grow till the end of the year as it has all conditions for growth. That is, it is worth buying at the moment. Why?

There has been a recent trend in the market: crypto gets cheaper at the beginning and grows by the end of the year. This has been working for several years, that’s the fact. This situation is not only with cryptocurrencies, but in many other financial areas as well. It is also the case with the stocks of various companies, bank securities.

If you look at the calendar, you can see that it is the middle of the year. Accordingly, there are reasons to believe that the correction ends. Thus, cryptocurrency is at the mid end.

According to many experts, Stellar Lumens cryptocurrency specifically is expected to grow strongly during 2022. Someone predict a mark of $0.5, another one predicts $1, and one resource has even met the forecast of $ 5-10.

It is impossible to confirm the exact figure, because it depends on many factors, the main of which is the signing of contracts with new partners. And they will undoubtedly be, the question in its quantum.

Nevertheless, no matter how much Lumens increases, it will increase. That is, it will be more expensive than now. Counting the profits if you purchase Stellar Lumens now, perhaps you will remember this day in the future.

But, the decision purchasing cryptocurrency should be made by you consciously and deliberately. We do not recommend investing your last money in XLM. You need to invest an amount that you will feel comfortable investing.

The analyst said that the reason for undervaluation was the pressure on the management of Stellar Development Foundation (SDF). The expert noted that since its creation, this organization has received only $3 million as an investment in the development of the ecosystem of Stellar Lumens. As a result, the creators of the project had to sell some of their own XLM in order to invest in the expansion of the product.

Guy praised the management of Stellar Lumens for making it as transparent as possible. The developers sold about 3 million XLM ($ 810 thousand) in 2021. Also the creators of the project said that, as originally planned, will sell their own XLM in portions, to further invest these funds to improve the product and the creation of new services.

An analyst from Coin Bureau said that the main reason for the undervaluation of the virtual asset is the lack of high demand combined with the fact that the representatives of SDF have to sell their tokens. 

According to the expert, institutional investors also did not get involved in buying XLM because of its potential similarity to another virtual currency, Ripple (XRP). The latter has a huge problem with the U.S. Securities and Exchange Commission (SEC). The regulator claims that XRP is unregistered.

Stellar Lumens and MoneyGram

However, Guy noted that a lot may change in 2022 thanks to a partnership with MoneyGram. Earlier on its official website, the company announced the launch of a pilot project with SDF. The partnership agreement will include a unique system for buying cryptocurrencies for fiat.

Deciding which currency to buy at a given moment is very important to the investor. This is the reason why so many people look for price forecasts. Although no one can predict price changes with 100% certainty, forecasting often helps to identify potential suitable coins for investment.

Among the many tokens investors are investing in is Stellar, but before we dive into predicting prices, We need to take a brief look at the platform and the token.

1. What is Stellar?

2. Stellar Lumens Price History.

3. What are the key factors that can affect the price of a Stellar coin?

4. Stellar (XLM) price forecast for 2021, 2022, 2023, 2025 and 2030

5. Conclusion

What is Stellar?

At its core, XLM is another decentralized payment system, like many other currently available blockchain platforms. The platform was launched in 2014, and since then the developers have been working hard to solve most of the problems that plague the traditional financial system.

The distributed accounting system works by harnessing the power of servers configured in a decentralized way, with data updated every few seconds. One of the main features that sets this platform apart from most others is the way the consensus works.

Unlike the majority of other blockchains, where a transaction is approved by the entire network, Stellar takes a different approach. The FBA (Federated Byzantine Agreement) algorithm is used by each node to “select” a few other nodes that it deems trustworthy. As a result, transactions are much faster, and Stellar can handle up to 1,000 transactions per second.

Price History of Stellar Coins

XLM, the Stellar token, has experienced a strange path since it hit the market, I dare say unique. It has not followed market trends as obediently as other altcoins.

For the first few years of its existence, the price of XLM was quite low. One reason was that it was in the early days of crypto, and another was that the platform was not used in the real world. From 2014 until mid-2017, Stellar’s price was only a fraction of a cent. Then, around June 2017, the price almost reached $0.05 and then dropped to just over $0.01.

By the end of 2017, Stellar had already announced that it would partner with IBM, which dramatically raised the price to nearly $1. The price went down, reaching a low of $0.2 by the end of March 2018. After that, the lumen price rose sharply to $0.43 a month later.

From that point, the price gradually begins to fall, reaching a low of just over $0.03 in March 2020. After that, a gradual increase begins to appear on the chart, which crosses the $0.1 mark only to fall to about $0.07 in October 2020.

From that point on, the price began to rise, reaching a high of more than $0.7 in May 2021. This was followed by a drop, which, however, hit not only Stellar, but also most of the crypto market during the last 2 months. At the moment (July 16, 2021) the price of XLM is just over $0.23.

What are the key factors that can affect the price of a Stellar coin?

One of the most important problems investors face is how the price of cryptocurrency can change and what changes it. In general, several factors can dramatically affect prices.

Price increases are often seen on platforms that partner with popular companies, and marketing alone is enough to raise the price. For example, look at the price the coin had before and after the announcement of the partnership with IBM. While there aren’t many rumors of a potential partnership with Stellar, a big partnership can easily drive up the price.

Overall popularity and trading volume can also affect the price. Look at it this way: every time some famous person mentions a cryptocurrency, the price goes up. Of course, these trends don’t last too long, but you can make a decent profit if you keep a close eye on these things. The same thing happens the other way around. If an opinion leader talks about a particular cryptocurrency as something negative, the price goes down as most people panic and start selling.

Cryptocurrency regulation has been causing quite a stir in the market for some time. While many believe that regulated cryptocurrency deviates from the original idea of complete anonymity, others argue that with increasing government pressure, this is the only way to avoid prohibition. Either way, the mention of crypto-regulation could cause the price to rise or fall, depending on the nature of regulations. For example, if a large country such as China decides to ban cryptocurrencies in its territory, their prices will go down because fewer people will use them. On the other hand, the more states recognize cryptocurrencies as legal tender, the more likely their value will rise.

Basically, it all comes down to supply and demand. The more widely used and traded a coin is, the higher the price can go.

Stellar Coin Price Forecast for 2021, 2022, 2023, 2025, 2030

So, what the future holds for Stellar (XLM) and will this coin increase its value in the next few years? I think it will, and I will tell you about the price changes in the next few years.

Predicting the Stellar price is a bit problematic, mainly because it does not follow most trends. However, if we look at past prices, we see a certain pattern.

At the moment, the Stellar price is declining after the market crash we saw about a month ago. However, I believe the market has more or less stabilized already, and it is only a matter of time before the lumen price starts to rise. My guess is that the coin should meet the end of 2021 with a price around $0.5.

Based on my analysis, the price of Stellar should increase by about $0.2-0.3 per year, which means that by the end of 2022, XLM will be worth about $0.7-0.8. Following this trend, the coin will finally break the $1 mark in 2023 or 2024. This leads me to believe that by the end of 2025, we should expect a price around $1.3-1.4.

Given the difficulty of predicting value, especially on coins like Stellar, price increases over the next few years are not so bad.

As I mentioned in the previous section, many things can affect prices one way or another, which means that XLM may not reach $1.3 by the end of 2025, or it may go even further. Unfortunately, there is no certainty in this industry.

Conclusion

When you look at how cryptocurrency prices have moved over the past few years, you’ll understand why no one can be sure how a coin will change its value.

Looking at Stellar, it is even more complicated as people will not base their predictions on past trends of other cryptocurrencies. Regardless, I believe that the coin will start an upward trend in the next 5 years, making it a decent investment with good profit potential.

Probably everyone interested in cryptocurrency knows about the platform Stellar Lumens. This is not surprising, because this cryptocurrency is in the 14th place of coins in terms of market capitalization according to the CoinMarketCap rating. How successful will be the investment in the project? What if I buy XLM today? If you want answers to these questions, you’ve come to the right place. The price forecast for 2021 will set the record straight. Just read this article and find out how much will Lumens be worth in 2021?

Сontent of the article:

1. How was the coin created?
2. Stellar exchange rate forecast for 2021
3. The advantages of cryptocurrency Stellar
4. Lumens price forecast for 2021
5. How to earn on the cryptocurrency Stellar?
6. Conclusion

How was the coin created?

The Stellar cryptocurrency network was developed in 2014. Initially, it was created as a functional offshoot of the popular Ripple cryptocurrency. At the first stage, the program code and structure of the new coin were based on Ripple. At the same time, in 2015, the currency began to use its own open-source protocol, which can be called an advantage of the platform for third-party developers. At the same moment, stellar coins entered the market, which, after some time, began to be called lumen on the Poloniex exchange.

The situation with the separation of the two cryptocurrency platforms occurred against the backdrop of growing criticism of ripple for its creators’ centralization policy. The argument of ripple’s opponents was the cryptocurrency’s closed code, which prevented them from influencing the rate from the outside. At the same time, the coin was able to combine all the advantages of the progenitor and lose its inherent disadvantages. Thus, we can say that cryptocurrency Lumens will manage to enter the top of the largest cryptocurrencies, as experts of the cryptocurrency market say for the last year.

Stellar exchange rate forecast for 2021

Given the previous quotation dynamics of Lumens cryptocurrency, the forecast in technical terms can only be made bullish. For 2021, these coins should move their historical maximum and take a new growth peak. The most likely target for 2021 is the $1 per XLM Coin mark. In the long term, the prospects for Lumens cryptocurrency will depend on the dynamics of the cryptocurrency market and the implementation of the system proposed by the creators of Stellar in the global financial system.

According to XLM chart, the coin has already found its bottom. In our opinion, it is unlikely that Lumens has a chance to fall even lower. Stellar is a widely known platform and a very recognizable brand. Of course, it cannot be compared to such giants as Bitcoin and Ripple, but it has a leading position in the market and is respected by the community. The platform has been certified as compliant with Sharia Law. No other coin has received such recognition in Islamic states. This may contribute to the popularity of crypto among people who practice Islam.

The platform is in demand. There are many projects based on Lumens, in particular SatoshiPay (payment widget for the Internet), Blockbook (system for creating avatars for Stellar users’ addresses), BlockEQ (decentralized exchange), WeBuy (advertising platform) and many others. On this site you can find a wider list of projects. There is a powerful team working on the project, including Jed McCaleb (former Ripple developer), David Mazier (Professor of Computer Science at Stanford University) and other equally knowledgeable people.

Popular prediction websites such as Walletinvestor make positive predictions. We are not talking about the correctness of the predictions. We are talking about the fact that they create a positive information backdrop that influences people’s opinions and their decision to buy or not buy the coin. XLM has started to attract good trading volumes again.

Advantages of Stellar cryptocurrency

According to experienced members of the cryptocurrency community, the main advantage of the digital coin Stellar can be considered the scalability and openness of its source code. A telling aspect of this cryptocurrency’s system is that it can easily handle thousands of transactions in a single second. At the same time, it takes no more than 5 seconds to confirm a transaction, which is an unattainable result for modern cryptocurrencies. Such characteristics of the coin allow it to compete on equal terms with bank remittance services.

Also, one of the most important advantages of this coin can be called the support of SCP technology, which allows participants to exchange cryptocurrencies, fiat money, as well as tokens and other assets without restrictions. Thus, we can say that this technology advantageously differs from the more common software protocol PoW.

At the same time, we should also note the support for the ability of users to use smart contracts, as well as multi-signatures. This makes it possible to significantly expand the functional component of this crypto. It is quite possible that these positive aspects of Stellar, will allow it in a short time to win a loyal user audience, appreciating the constant technical innovations that can improve the work inside the crypto network. Crypto market analysts predict the start of a sharp rise in the digital coin’s quotes in 2021. However, one should not invest thoughtlessly in this asset due to the high volatility of the cryptocurrency.

Lumens price forecast for 2021

Not all specialists undertake to forecast cryptocurrency, because this business is quite dangerous due to its instability of the financial market. The insufficient level of market capitalization and its assets should be at the top of the list.

Lumens forecast for 2021 is as follows:

1. Each event is analyzed in terms of its impact on Stellar – percentage growth will depend on the strength of the market.
2. After a spike, there is a stability phase, called a correction. It is not realistic to predict how many depositors will decide to fix their profits. It takes time for the achieved figures to become stable.
3. Demand surges are provided by a rise or fall in interest. Stellar’s competitor is Ripple, so when making a forecast, one should take into account the position on the market of analogues and competing services, which allows for a more accurate representation.

Lumens cryptocurrency forecast for 2021 depends on the stability of the financial market. In one case or another, Stellar does not lend itself to regulation. Many countries are taking a number of measures to keep the new financial instrument out of general use.

Cryptocurrency is extremely volatile, and its area will be subject to active regulation. The main growth is the drafting of new, most profitable collaborations. As Stellar is experiencing rapid development through agreements with many of the world’s largest companies, its prospects for 2021 look optimistic. However, according to experts, a new historical maximum will be reached only in 2022.

How to make money on Lumens and where to store it – Stellar wallet

Decided to make money with the coin? You can use one of several strategies to do so:

• Long-term-investment – buy XLM at the current price with holding in the portfolio for at least 2 years.
• Short-term-speculative – buy Lumens at major support levels and sell at the moment of maximum growth.
• For maximum efficiency of this strategy it is better to use pending orders.

For fast transactions with XLM, our online Stellar wallet is perfect. If you are going to store large amounts of Lumens for a long time, we recommend using cold Stellar wallet: Ledger and Trezor.

Conclusion

According to analysts, the forecast of the Lumens exchange rate to the USD in 2021 is not characterized by sharp movement, the situation with the coin will be quite quiet and stable. However, according to experts, in the longer term, the cryptocurrency may reach a high level and occupy the niche of the main system of intercurrency transfers. More and more financial institutions began to pay attention to the protocol Stellar, due to which the prospects of the cryptocurrency greatly increase.