Key Takeaways:
- The Stellar (XLM) price closed the previous day’s trade at $0.1045 with a market capitalization of $2.64 billion and a circulating supply of 25.27 billion XLM
- The XLM price is plunging hard, appears to be stuck within a deep bearish, hence may drop below $0.1 in the coming days
What is Stellar(XLM)?
Working on similar principles as Ripple (XRP), Stellar (XLM) is a decentralized payment network that uses blockchain to transfer funds at affordable costs. The native token XLM is used to transfer any fiat currency or cryptos like Bitcoin.
As the platform is open-source, the Stellar infrastructure can be used by anyone and built upon it. The companies can use Stellar blockchain to build their own wallet or create their own token, etc and also use it for converting the fiat into digital currencies and also the other way round.
Stellar Lumens Price Analysis for August 2022
| Current Price | $1.065 |
| Market Cap | $2.69 billion |
| Circulating Supply | 312.95 million XLM |
| Max Supply | 1 billion XLM |
| Vol (24H) | $109.33 million |
| Change(24h) | +4.20% |
| Change (7D) | -1.01% |
| Change (30D) | -10.64% |
Additional Read: Top Cryptos this Week
Stellar Lumens(XLM) Price Prediction August 2022
Stellar price is undergoing an acute bearish action and hence feared to end the monthly trade on a huge bearish note. Currently, the XLM price is at the threshold of losing $0.1 and may add up to a zero in its price to trade around $0.092 to $0.098 by the end of August 2022.
XLM Price Prediction Sept 2022
If XLM price ignites a flip in the first few days of September, then the asset may regain its value above $0.1 and may close the monthly trade at around $0.15 to $0.18. On the contrary, a bearish start may compel the price to consolidate below $0.1 for a long time, before a month-end breakout beyond $0.105.
Stellar Token(XLM) Price Prediction Oct 2022
The XLM price may slip again below $0.1 to hit the levels around $0.08 but may make it above $0.11 by the mid of October. However, by the end of the monthly trade, the price may hover between $0.12 to $0.14.
Stellar Prediction November 2022
The Stellar price may continue trading within an ascending consolidation to reach the target close to $0.15. However, the asset may face a slight pullback to $0.13 and by the end could rise back above $0.15 and close the monthly trade close to $0.17.
Stellar Lumens Price Prediction 2022
Will Stellar Lumens Price Reach $0.12 by December 2022?
As the price approaches the yearly close, the asset may increase its volatility but towards the south. The asset may slightly plunge below $0.1 and quickly rebound above $0.12 after visiting the lows around $0.09.
Stellar Lumens(XLM) Price Prediction 2023
Will Stellar Lumens Price Reach $0.5 by December 2023?
The Stellar price is expected to heavily consolidate during the first quarter between $0.14 to $0.17. However, with the beginning of H2 2023, the price may make a move above $0.2 and reach $0.38 by the end of September. Further by the end of the yearly trade, the XLM price could reach the highs at $0.5 and slightly plunge down $0.45 levels.
XLM Price Prediction 2023
Will Stellar Lumens Price Reach $0.8 by December 2024?
The XLM price may surge above $0.6 in the first quarter of 2024 and may also reach above $0.64. However, with the beginning of the next quarter, the price may face a slight pullback below $0.5. With the beginning of Q4, the XLM price is expected to rise above $0.77 and close the yearly trade around $0.8.
Stellar Lumens(XLM) Price Prediction 2025
Will Stellar Lumens Price Reach $10.5 by December 2025?
The XLM price may consolidate below $0.9 during H1 2025, including a couple of plunges below $0.8 too. By the end of August, the price may rise above $1 and mark new highs above $1.2. During the final quarter of 2025, the price may slightly drop below $1.2 and if the bearish trend continues may close the yearly trade at around $1.15.
Stellar Lumens(XLM) Price Comparison Table (2017-2022)
| Year | End of Year Price | % Change |
| 2017 | $0.322 | +99.37% |
| 2018 | $0.11 | -65.24% |
| 2019 | $0.045 | -58.59% |
| 2020 | $0.128 | +64.84% |
| 2021 | $0.266 | +51.87% |
| 2022 | $0.1065* | -59.59%* |
*at the press time
Stellar Lumens Technical Analysis
Source: Tradingview
- The XLM price in the larger time frame is trading within a descending triangle and currently testing the lower support
- The asset is making a bounce from the lower support and hence could remain within the triangle for another couple of weeks ahead
- However, the asset may consolidate until the peak of the consolidation and drop a bit towards the lower support below $0.08 and may rebound fairly to hit $0.12
XLM Price Comparison with Ripple(XRP)
Source: Tradingview
- Ripple & Stellar are considered among the top competitors within the crypto space within the payment industry
- Both the assets traded within the same pattern until the past couple of days, where the XRP price displayed a significant strength and rose high comparatively
- Both the XLM & XRP price after reaching the highs close to +24% dropped to 0 & +3.4% respectively and are currently trading at -3.93% & +3.4%.
Additional Read: Ripple XRP Price Prediction
XLM Price Comparison with BTC (Correlation)
Source: Tradingview
- The XLM price paired with USDT has displayed significant strength till the recent plunge compared to that of the BTC pair.
- Presently, after ranging extremely high, the XLM/USDT has dropped heavily from the highs around +24% to as low as -3.8%
- On the other hand, the XLM/BTC after dropping from +5% is trading at around -3.53% but heading slowly towards north unlike XLM/USDT
Additional Read: Bitcoin Price Prediction Weekly
FACTORS AFFECTING Stellar Lumens Price
- Regardless of the ongoing conflict with Russia, Ukraine is still working with Settler to roll out its CBDC. However, the Stellar CEO, Denelle Dixon in a recent interview stated that the progress of the project has been hampered due to the conflict.
- One of the most popular exchanges, Robinhood recently listed Stellar (XLM) along with Avalanche(AVAX). Therefore, the asset is now expected to receive wider adoption and attention.
- Stellar stepped into the Smart-Contract platform by announcing the launch of Soroban with new use cases to compete with the other blockchains .
FAQs
What is Stellar?
Stellar (XLM) is a decentralized payment network that uses blockchain to transfer funds at affordable costs.
Is XLM a good investment in 2022?
XLM price is displaying some signs of a drastic plunge but may surely attempt hard to close the yearly trade on a bullish note.
Will XLM's price reach $0.5 in 2022?
The XLM price is on the verge to drop below $0.1 but by the end of 2022 is expected to recover around $0.12, while $0.5 remains pretty distinct
What will be the Stellar Token price by 2023?
By the end of the yearly trade, the XLM price could reach the highs at $0.5 and slightly plunge down $0.45 levels.
What will be the Stellar Token price by 2024?
With the beginning of Q4, the XLM price is expected to rise above $0.77 and close the yearly trade around $0.8.
What will be the Stellar Token price by 2025?
During Q4 2025, the price may slightly drop below $1.2 and if the bearish trend continues may close the yearly trade at around $1.15.