Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon? (2024)

• XLM’s price might struggle for some time but it could end 2024 at $0.19.
• In 2026, the price might rise to $0.35 but could decline to $0.17 by 2027.
• The long-term bullish scenario for XLM in 2030 is a potential rally to $0.84.

In the crypto ecosystem, many projects offer cheap fees as a way to gain traction. But in the same industry, you would hardly find any project that offers the same kind of cheap fees Stellar (XLM) offers.

As a result of this, the network has been integrated with several traditional institutions and is fostering cross-border transactions at an incredibly fast pace. However, the same cannot be said of its native cryptocurrency. Here, Coin Edition explains what Stellar is, the fundamentals, tokenomics, and XLM price prediction from 2024 to 2030.

Stellar (XLM) Real Time Market Status

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What is Stellar?

Stellar is a peer-to-peer (P2P) decentralized network designed to make financial transactions easy. Stellar was previously known as Stellar Lumens, and development started around 2014. However, the network was officially launched in 2015 to provide financial institutions with a swift payment protocol.

With the Stellar payment protocol, users can make easy cross-border transactions without paying exorbitant fees. Besides payments, Stellar also serves as a decentralized exchange and marketplace where traders can exchange assets and settle transactions.

Furthermore, the native token of Stellar is XLM, also known as Lumens. XLM holders have access to the Stellar network, and holding the token means they can execute transactions with minimal costs. The token also acts as a governance tool, meaning holders can vote on proposals on the network. It is also interesting to know that every Stellar transaction costs as low as $0.000001 XLM.

XLM Current Market Status

XLM’s price at press time was $0.115. This value was almost the same price it was in the last 24 hours. However, the trading volume of the token increased by a mild 2.31%, placing it at $64.43 million.

XLM’s market cap is $3.36 billion, making it the 33rd most valuable cryptocurrency. The project has a circulating supply of 50 billion tokens, of which 28.91 billion were in circulation. XLM is available on different exchanges, and you can buy it on Binance, Kraken, Coinbase, Upbit, Kraken, and many other exchanges.

Stellar (XLM) Price Analysis

In recent years, XLM’s price has been underwhelming, leading to speculations about the long-term relevance of the token. In this segment, Coin Edition looks at its price potential and predictions from 2024 to 2030.

Stellar (XLM) Price Analysis – Bollinger Bands

According to the 4-hour XLM/USD chart, the Bollinger Bands (BB) showed signs that it was going to expand. This indicates that price fluctuation might be high. Although XLM changed hands at $0.115, volatility could increase, and a bullish thesis could send the price to $0.118.

But a bearish bias could drag XLM down to $0.113. However, the BB indicated that the token was neither overbought nor oversold. Hence, the price might keep swinging within the $0.11 region in the short term.

Stellar (XLM) Price Analysis – Relative Strength Index (RSI)

Indications from the Relative Strength Index (RSI) showed that XLM bulls were ensuring that the price failed to reverse to the downside. As of this writing, the RSI was 59.55, indicating a god buying momentum.

Going forward, the value of the token might try to hit $0.12 provided the RSI reading does not decrease. But if it does, XLM might drop to $0.114.

Stellar (XLM) Price Analysis – Moving Average Convergence Divergence

Like the RSI, the Moving Average Convergence (MACD) showed a bullish momentum for XLM. At press time, the oscillator’s reading was positive, indicating that bears were left behind. However, the price risked falling due to the positions of the 12 EMA (blue) and 26 EMA (orange).

As of this writing, the 12 and 26 EMAs were almost at the same spot, indicating that buyers and sellers had a similar level of firepower. Should this continue, XLM might end up consolidating in the short term.

Stellar (XLM) Price Prediction 2024

On the daily timeframe, the 50 EMA (blue) had crossed over the 200 EMA (yellow). This trend is known as a golden cross and is supposed to produce a bullish trend. But XLM’s price was below both EMAs, suggesting that the price action could be bearish for a while.

However, there is a chance the XLM might climb past the EMA later in the year. When this happens, the value of the token might surpass the $0.12 level and end 2024 around $0.19.

Stellar (XLM) Price Prediction – Resistance and Support Levels

The support formed at $0.10 on the 4-hour chart has been instrumental to XLM’s price over the past months. However, there was a crucial resistance at $0.113 which once rejected the uptrend. Although XLM bulls were able to clear the path, the road is not yet clear to hit $0.15

To the upside, there was another resistance at $0.13. Failure to break through this level could send XLM’s price plunging. But a successful breach might drive the price much higher.

Stellar (XLM) Price Prediction 2025

In 2025, XLM’s price might increase but it might not be as much as what it displayed in 2018 and 2021. This is because many other projects have sprung up and have taken a chunk of the market share that Stellar is supposed to have. Hence, XLM’s price might be $0.23 in 2025.

Stellar (XLM) Price Prediction 2026

XLM’s price prediction in 2026 could be $0.35. The token might hit this value because the bull market might extend slightly into the year and altcoins might gain from the increase in capital flow into the market.

Stellar (XLM) Price Prediction 2027

By 2027, XLM might not maintain the same kind of momentum it might have had in 2025 and 2026. From our analysis, many market participant might liquidate some of their assets, forcing prices to decline. This, the price of XLM could be $0.17 in 2027.

Stellar (XLM) Price Prediction 2028

XLM’s price is expected to rebound in 2028. One of the reasons for this prediction is the 5th Bitcoin (BTC) halving which could trigger a surge in prices for many cryptocurrencies. Therefore, the price could hit $0.45 in 2028

Stellar (XLM) Price Prediction 2029

The Stellar native token might continue its rally by 2029. If this is the case, the price of the cryptocurrency might rally to $0.60 before the end of the year.

Stellar (XLM) Price Prediction 2030

2030 might be an incredibly bullish year for the entire crypto market considering that a lot of liquidity might flow into the ecosystem. With the forecast, the price of XLM might climb to $0.84

Stellar (XLM) Price Prediction 2040

In 2040, the price of XLM is expected to hit the prestigious $1 mark. This could be due to many factors including surging adoption and a thriving community.

Stellar (XLM) Price Prediction 2050

XLM’s price might climb higher in 2050. A major reason would be its fundamentals as it is projected that many financial institutions must have integrated the Stellar system into their network. Should this be the case, XLM might hit $2.25.

Conclusion

To end this article, you must know that investing in XLM is not a guarantee of riches. However, it is important to also note that the Stellar project is an important one to achieve massive crypto adoption because of its links with traditional finance.

Moving on, Stellar might continue to partner with more institutions, and this could drive XLM’s price higher. But it remains uncertain if it will hit $1 soon.

FAQs

Disclaimer:The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.