During the last five years, Stellar was one of the most performing cryptocurrency. It has its influence on the coin price movements which were positive with the exception of some short periods.
So, if you have been thinking about Stellar as a long term investment, you can finally request your BNB to XLM swap, and enjoy observing the price movements.
However, to ensure the things are like we expect, let us have a look at the Stellar forecast for the next decade. It will help us to assess whether the perspectives are so promising, indeed.
Stellar Price Forecast 2021 – 2030
2021 is not going to be extraordinary for the coin. While experts believe that XLM might end the year at the mark of 0.60 USD or even higher, the coin price isn’t expected to skyrocket. However, the good thing is that specialists insist that the bullish trend that starts in 2021 will be rather ongoing.
In 2022, the coin value is expected to reach the mark of 1 US dollar, and will continue climbing up. The similar growth speed will be observed in the next several years. So, by the end of 2927, the coin is expected to cross the mark of 2 USD, and by 2030, some experts believe it will move above 4 USD and up. So, Stellar Lumens price prediction 2030 is more promising. We would also add that beyond that timeframe, the coin value will be growing exponentially.
The secret of such almost constant (even though slow) growth is in the project value to the real world.
Some Words about the Project
Stellar Lumens was launched in 2014 with an aim to assist in the provision of financial services to the unbanked population. Further, however, the project has switched to the provision of financial services to financial institutions. In this regard, it has become similar to Ripple. even the initial code of the project was based on the Ripple Labs’ code. Later though, the original Stellar code was created.
Compared to other cryptocurrency projects, Stellar has some benefits that are beneficial to its users, investors, and have a positive impact on the coin price:
- Transactions in the network take less than a second. It became possible thanks to the Stellar Consensus Protocol. It doesn’t request every participant to confirm a transaction which speeds up the confirmation process.
- Transaction costs are so low that they are almost non-existent. It makes the network extremely competitive both among other cryptocurrency projects as well as among traditional financial institutions.
- Stellar’s technical capabilities are much higher than the ones of its main competitor – Ripple.
- The smart contracts of the network are the safest and the most reliable in the cryptocurrency world.
As you can see, Stellar has great perspectives. During the cryptocurrency boom in 2017, its price skyrocketed, and the interest of investors increased immensely. It is a pity but the coin didn’t manage to keep its position. However, judging from the last movements, the bright future of Stellar is yet to come.