Can Stellar Lumens reach $10000, $1000? XLM Price Prediction 2023-2030

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XLM Price Prediction 2023: XLM Price Today

XLM Price Chart

Latest Stellar Lumens XLM News And Statistics

• The Stellar Development Foundation has joined the World Economic Forum’s (WEF) Humanitarian and Resilience Investing Initiative, becoming the exclusive blockchain representative in a consortium of global innovators. Together, they aim to address the critical needs of the world’s most vulnerable populations.
• Stellar is preparing for Protocol 20 and the launch of its Soroban smart contract platform. The testnet upgrade, set for release, includes candidate versions of Stellar Core and Horizon, which facilitate transaction validation and developer interaction with the network through APIs, simplifying application deployment.
• Stellar Lumens XLM Defi
  • XLM Rank: 50th, ETH Rank: 1st
  • Last 7 days change: XLM: -2.9%, ETH: +7.4%
  • Last 30 days change: XLM: -2.1%, ETH: -9.0%
  • TVL: XLM: $20.4M, ETH: $21.2B

Stellar XLM, Buy or Sell? (NEW)

Net Rating = Buy% – Sell%

• September 12th: +100%
• September 15th: +68.7%
• September 22nd: +50.0%

XLM Price Prediction 2023: Is XLM a Good Investment?

Stellar is a payment protocol that facilitates cross-border transactions between different currencies through its decentralized ledger technology. It was launched in 2014.

The Stellar Consensus Protocol (SCP) is an open-source method that allows for accurate financial transactions without requiring approval from each miner in the network. The network has more than 6.7 million accounts and has processed more than 750 million operations since its launch in 2015. Stellar employs the Federated Byzantine Agreement (FBA) algorithm to process up to 1000 transactions per second. With the Stellar Consensus Protocol, network participants can reach consensus via voting, and nodes rely on SCP to maintain the common distributed ledger, verify, and add transactions to it.

Stellar’s closest competitor is Ripple, but Stellar is more focused on individuals and small businesses. Traditional competitors include PayPal, Western Union, MoneyGram, and TransferWise.

Stellar Lumens Stats

Part 2: Lumens (XLM)

Lumens (XLM) is the foundation currency for trading various popular digital assets, as well as fiat currencies, on the Stellar Decentralized Exchange.

1. XLM serves as a bridge currency for cross-border payments, paying transaction fees, and creating digital assets within the Stellar network.
2. XLM acts as an intermediary between any newly created digital asset and any other digital asset on the Stellar network, using the decentralized exchange function built into the Stellar blockchain.
3. Stellar’s network enables users to transfer funds quickly and at a low cost, providing services to people and companies that the present financial system fails to serve adequately.

How has XLM performed vs XRP?

Market Cap – XLM: $3.1B, XRP: $27.2B

XRP is much larger than XLM.

Last 5 years – XLM: (-52.0%), XRP: (-10.6%)

Last 1 year – XLM: (+1.7%), XRP: (+24.1%)

XRP had outperformed XLM despite the overhang of an SEC Case. In fact in the Golden year of 2021. XRP outperformed XLM by a huge margin. With the win against the SEC, XRP leads XLM by a huge margin.

Taking all factors into consideration

• XLM is not the best choice of investment in this category
• Token usage in the category is quite limited and doubtful, a challenge even XRP is facing
• Other Tokens with different use cases are a better alternative at the moment.

XLM Performance so far

• Year To Date: +61.9%
• Last 12 Months: +1.7%
• Since launch: +3770.9%

XLM Price Prediction: Can Stellar Lumens (XLM) reach $1,000?

To reach a level of $1000, XLM needs to grow at a rate of 8,333 times. At $1000, the market cap of XLM will be $27.7 Trillion. Hence, it should theoretically reach a value of $1000 in around 40.3 years (keeping in mind its 25% growth every year).

• Quality of Investment – Poor
• Growth required to reach $1000- Partially Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
• Market Cap at $1000- Not Feasible
• Time required to reach $1000 if XLM were to rise at 25% per annum- Not Feasible

Considering the quality of investment, growth rate, and time required to reach $1000, XLM has no chance to reach $1000 anytime soon. Note that it can only reach $10 in the calculated time if liquidity and macroeconomic factors turn out to be in favor of the crypto market.

So, can stellar Lumens (XLM) reach $1000? No, it is not practically possible.

Can Stellar Lumens reach $10,000?

To reach a level of $10,000, XLM needs to grow at a rate of 83,333 times. Hence, to theoretically reach a value of $10,000, it will take around 50 years (keeping in mind its 25% growth every year). Also, at $10,000 the market cap of XLM will be $279 trillion.

• Quality of Investment – Poor
• Growth required to reach $10000- Not Feasible
• Market Cap at $10000- Not Feasible
• Time required to reach $10000 if XLM were to rise at 25% per annum- Not Feasible

Considering the quality of investment, growth rate and time required to reach $10,000, XLM has no chance to reach $10,000.

XLM Price Prediction Today, Tomorrow and Week

• XLM Price Prediction in the next 24 hours is between $0.113 and $0.114
• XLM Price Prediction this week is between $0.110 and $0.119

XLM Price Prediction 2023-2030 (Aggregated)

• XLM Price Prediction 2023 is $0.197
• XLM Price Prediction 2024 is $0.313
• XLM Price Prediction 2025 is $0.455
• XLM Price Prediction 2026 is $0.624
• XLM Price Prediction 2027 is $0.747
• XLM Price Prediction 2028 is $1.10
• XLM Price Prediction 2029 is $1.50
• XLM Price Prediction 2030 is $2.09

Read Tamadoge Price Prediction 2022, 2025, and 2030 and XYO Price Prediction

XLM Price Prediction: FAQS

Stellar Lumens Price Prediction: How to Buy?

Stellar crypto, Lumen is gaining every day and it is among the Top 10 cryptocurrencies in terms of Market price. Like most cryptos, XLM has similar steps to purchase. Here are the steps for “How To Buy Stellar Coins”:

1. Finding a crypto exchange that has Stellar Lumen Coins listed
2. Create an account with the Exchange
3. Verify your identity
4. Fund the Wallet
5. Make the Purchase
6. Storing the Stellar Lumen in Wallet (Most exchanges have their own built-in wallet but in case an exchange comes without a waller you will have to have a separate wallet to store Lumen)

Where to Buy Stellar Tokens?

Stellar provides a decentralized international payment network, which enables fast transactions with low fees. There are multiple exchanges offering Steller Lumen for trade. Here are some of the well-known exchanges:

1. eToro: eToro is a broker platform founded in 2007 that allows you to trade cryptocurrencies.
2. Binance: Binance is the world’s largest crypto exchange offering multiple cryptocurrencies for trade.
3. BTCBIT.NET: Based in Poland with operational offices in Latvia and Estonia, BTCBIT.NET offers various cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and Zcash for trade.
4. Kraken: Kraken is a globally operating US-based crypto exchange founded in 2011 and the world’s largest bitcoin exchange in euro volume and liquidity.
5. CEX.IO: It offers both, a cryptocurrency trading platform as well as instant buy services.

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.