Stellar (XLM) price prediction for 2021 – 2030
Stellar is one of those promising cryptocurrency projects that attract the attention of investors. And indeed, the project has perspectives due to its unusual approach.
Can Stellar Lumens become the next hub for long-term investors or its importance will diminish with time? Let us check in more detail.
Stellar – what is it?
Stellar is a pretty ambitious project with a specific approach. It was launched in 2014. For the last five years, this cryptocurrency was among the best performing. So, it would be interesting to check the XLM price prediction for the next decade.
From the start, the project’s aim was to provide easy-to-access financial services to the unbanked population. Later though, the network shifted to the niche of cross-border payments, or specifically, to creating a platform to facilitate cross-border payments for financial institutions (if it reminds you of the Ripple project, you are right).
When XLM was launched, it was among top cryptocurrencies. Later, the coin value dropped. Now, it still looks like a promising investment.
Factors that influence the Stellar price
Stellar is a cryptocurrency project. It means that the number of factors that have an impact on the XLM price is immense, and not all of them might be evident. However, the most important ones are the following:
- The Stellar Consensus Protocol application allows reducing the transaction confirmation speed in the network by making the blockchain one of the fastest in the market.
- The transaction costs are very low, which makes the network highly competitive compared to traditional financial services.
- Stellar has technical benefits to compete successfully with Ripple.
- The project is rich with strategic partnerships forged for ages.
- The blockchain’s smart contracts are among the safest in the cryptocurrency world.
In terms of value, Stellar is pretty promising. So, during 2021, the coin value is expected to grow even though the growth rate might not be fast. Specialists believe the coin might close the year at the mark of 0.54 USD per coin or even higher.
In 2022, the xLM will continue to grow and is expected to complete the year at the mark above 1 USD.
The bullish trend is expected to continue throughout 2023, 2024, and 2025. By the end of this period, the XLM value is expected to cross the level of 2 USD. Further though, the opinions differ. While some experts insist the coin value might reach the level of 2.15 US dollars maximum, there are those who believe that the coin value might surge well above 4 dollars per coin. The most optimistic forecasts insist that the growth might be even bigger, and one XLM might be traded at 10 USD and more. While time will show the real growth values, it is clear that the bullish trend is here to stay.
So, if you are looking for a long-term investment opportunity, you can purchase Stellar on Letsexchange.io or any other reliable platform. Now, XLM is listed on the majority of exchanges, so finding where you can get it is not an issue at all.