Stellar (XLM): $50 Price Prediction, Is It Possible?

Stellar XLM Price Prediction 50$

✍️ 10 November, 2022 - 18:25 👤 Editor: Jakub Motyka

  • Stellar Lumens (XLM) is an open source protocol created to send and receive different types of coins.
  • Despite being based on the Ripple (XRP) code, the project offers other options. Could the price of the XLM token go up to $50? What do the predictions of the experts say?
  • The latest news about cryptos, in our Telegram channel.

Stellar Lumens (XLM) is an open source project designed to enable cross-border transactions, making its price prediction and projection at $50 realistic. Can Stellar (XLM) reach a price of $50?

Unlike Bitcoin, the Stellar project was developed to function as an intermediary for the conversion of FIAT money to fully transactional synthetic cryptocurrencies. Stellar's native cryptocurrency, Lumen (XLM), is the main asset of the network.

XLM has a fixed supply impossible to mine, being the main piece of the ecosystem, serving as an exchange bridge for all types of currencies. Users who wish to make a cross-border shipment can exchange their FIAT currencies for Lumens. These, in turn, can be exchanged for any other compatible FIAT currency, anywhere in the world.

Stellar Lumen (XLM) vs Ripple (XRP)

The Stellar project was founded by one of the members of Ripple, so it is natural that both projects share the same root code. This has been one of the main criticisms of its ecosystem, and the reason why the price of both cryptocurrencies is so closely related. However, in recent years XLM has done its best to develop specific characteristics that separate it from XRP.

One of the main differences between both projects is that Stellar Lumen (XLM) seeks to offer a tool to carry out transactions between people.

Stellar (XLM) was created to allow transactions between people.

On the contrary, Ripple is more focused on banking institutions that want to establish international bridges. Its main objective is to offer a practical and economic platform so that citizens and organizations of the poorest countries can open up to the world economy.

Is The Price Prediction Of Stellar Lumens (XLM) That Speaks Of Its Reaching $50 One Day Real?

Currently, Stellar (XLM) is hovering in the range of $0.09 to $0.12. Many analysts recognize its growth potential, and point out that it could enter an uptrend at any time.

Despite this, it is unlikely to reach $50 in the medium and long term. The Stellar (XLM) price prediction for 2025 reveals this, while the 2030 prediction does not even contemplate reaching the price of 1 dollar.

Stellar XLM Price Graph Last Year November 10, 2022
Graph with the price of Stellar (XLM) during the last year until today, November 10, 2022.

In addition to this, the Stellar Lumens protocol is designed so that its token, XLM, has a constant annual inflation rate. In other words, its main token is not designed for long-term holding, but rather for quick trades.

More crypto articles:

Angélica Añez
Latest posts by Angélica Añez (see all)

Leave a Reply

Your email address will not be published. Required fields are marked *

Go up