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

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

CoineditionCoinedition2024/04/22 11:52
By:Victor Olanrewaju
  • 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.

Table of contents

  • Stellar (XLM) Real Time Market Status
  • What is Stellar?
  • XLM Current Market Status
  • Stellar (XLM) Price Analysis
    • Stellar (XLM) Price Analysis – Bollinger Bands
    • Stellar (XLM) Price Analysis – Relative Strength Index (RSI)
    • Stellar (XLM) Price Analysis – Moving Average Convergence Divergence
  • Stellar (XLM) Price Prediction 2024
    • Stellar (XLM) Price Prediction – Resistance and Support Levels
  • Stellar (XLM) Price Prediction 2025
  • Stellar (XLM) Price Prediction 2026
  • Stellar (XLM) Price Prediction 2027
  • Stellar (XLM) Price Prediction 2028
  • Stellar (XLM) Price Prediction 2029
  • Stellar (XLM) Price Prediction 2030
  • Stellar (XLM) Price Prediction 2040
  • Stellar (XLM) Price Prediction 2050
  • Conclusion
  • FAQs

Stellar (XLM) Real Time Market Status

🪙 Name Stellar
💱 Symbol XLM
🏅 Rank #33
💲 Price $0.116163814706
📊 Price Change (1h) 0.25 %
📊 Price Change (24h) 1.25 %
📊 Price Change (7d) 2.48 %
💵 Market Cap $3358366016.95
💸 Circulating Supply 28910603749.2 XLM
💰 Total Supply 50001786995.4 XLM

Stellar (XLM) is currently trading at $0.116163814706 and sits at number #33 on CoinMarketCap in terms of market capitalization. There are 28910603749.2 XLM coins currently in circulation, bringing the total market cap to $3358366016.95.

Over the past 24 hours, Stellar has increased by 1.25%. Looking at the last week, the coin is up by 2.48%.

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 Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 0 Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 1 XLM/USD 4-Hour Chart (Source: TradingView )

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 Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 2 Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 3 XLM/USD 4-Hour Chart (Source: TradingView )

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 2024-2030: Will XLM Price Hit $1 Soon? image 4 Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 5 XLM/USD 4-Hour Chart (Source: TradingView )

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 2024-2030: Will XLM Price Hit $1 Soon? image 6 Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 7 XLM/USD Daily Chart (Source: TradingView )

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 2024-2030: Will XLM Price Hit $1 Soon? image 8 Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon? image 9 XLM/USD 4-Hour Chart (Source: TradingView )

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. 

Minimum Price  Average Price Maximum Price
$0.82 $0.96 $1.15

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.

Minimum Price  Average Price Maximum Price
$1.05 $1.87 $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

What is XLM?

XLM is the native and governance token of the Stellar network. By holding the token, users can access fast and extremely cheap transactions. Also, XLM gives users access to a decentralized exchange and marketplace. In addition, holding XLM gives users access to vote on proposals on the network.

How do you buy XLM?

You can buy XLM on exchanges. Some of the platforms to buy the token include Binance, Coinbase, Bitget, Kraken, and others.

Is XLM a good investment?

XLM has been a good investment to those who got in early on the token. On an all-time basis, the price has increased by over 3200%. But since 2021, the value has been on a downward slope, making it a risky venture. At the same time, the current low value could be an opportunity to purchase the token at an extremely low price.

What is XLM’s all-time high?

XLM’s all-time high was $0.93 in 2018.

Will XLM reach $1 soon?

For the time being, XLM might not reach $1 considering that it is almost 10x lower than it. Furthermore, the token is not part of the top trending narrative this cycle. So, it is not expected that the price might hit $1. However, in the next two to three years, XLM might have a shot at reaching $1.

What is the maximum supply of XLM?

The maximum supply of XLM is 50 billion tokens.

Will XLM surpass its current ATH?

XLM is currently very low compared to its ATH. While it might be possible to surpass the all-time high, it would be extremely challenging, and it might happen within the next year. However, if demand for XLM surges to mind-blowing levels at some point, then maybe it would surpass the ATH. But for now, that seems unlikely.

What is the lowest price of XLM?

The lowest price of XLM was $0.00122 in June 2015.

Who is the founder of XLM?

Stellar has two founders namely Jed McCaleb and Joyce Kim who previously worked with Ripple (XRP) .

Which year was XLM launched?

XLM was launched in 2015.

How do I store XLM?

You can store XLM on any of the exchanges where you buy the token. Alternatively, you can find a decentralized wallet or hardware wallet to store it.

What will be the price of XLM in 2024?

The price of XLM is expected to reach $0.19 by December 2024.

What will be the price of XLM in 2025?

By the end of 2025, the price of XLM might be $0.23

What will be the price of XLM in 2026?

XLM’s price might hit $0.35 in 2026.

What will be the price of XLM in 2027?

The price of XLM might drop to $0.17 in 2027.

What will be the price of XLM in 2028?

XLM’s price is expected to reach $0.45.

What will be the price of XLM in 2029?

By 2029, the price of XLM could be $0.60.

What will be the price of XLM in 2030?

In 2030, XLM’s price could hit $0.84.

What will be the price of XLM in 2040?

The price of the token could reach $1.15 in 2040.

What will be the price of XLM in 2050?

XLM’s price is projected to hit $2.25 in 2050.

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.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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