The price of Stellar Lumens has steadily and slowly attained stability going forward. For today’s Stellar Lumens price forecast, it is clear that Stellar has gained more adoption in recent days. The most significant of these announcements for our Stellar Lumens USD live price is the revelation that global banks are now adopting IBM World Wire technology for their respective setups. IBM World Wire technology is based on the Stellar protocol. According to CoinMarketCap for our Stellar Lumens news today the price of Stellar Lumens stood at $0.101825 as of press time.
Stellar (XLM) Price Today – XLM / USD
The network of Stellar is a pragmatic blockchain project that is aimed to bridge the gap between the fiat and the digital currencies. It is aimed to revolutionize the banking and the financial sectors like Ripple, and the way it is developing itself is really proving its worth. Its blockchain is basically focused on integrating distributed ledger technology into prevailing financial infrastructure. It represents a way of future banking and is intended to stir up the international financial markets positively.
Stellar Lumens Price Prediction: The Price of Stellar Lumens is $0.101825 at Press Time
According to data given by CoinMarketCap, the price of Stellar Lumens is trading at $0.101825. The digital asset has a market capitalization of $1,945,146,333. It sits at number nine among the top digital assets by market capitalization with a circulating supply of 19,102,801,442 XLM.
Stellar Lumens Price Prediction: Comparing the Price of Stellar Lumens In the Last 30 Days and Now
The price of Stellar Lumens at $0.102024 with a market cap of $1,948,945,345 shows the digital asset may have declined by over 7.35% in the last 30 days.
The digital asset has a trading volume of $207,838,815 which decrease – 7.35% since March end.
At the beginning of April, the price of Stellar Lumens was $0.109745. Within a one month or 30 day period, it dropped by – 7.35%. Do not forget that prices have recently started to drive higher. Although we can’t remove the reports of fluctuations. The increased adoption should push the price of Stellar Lumens higher in the long-term.
Stellar Lumens Price Prediction: How Will the Price of Stellar Lumens Look in the Long-term
In the last few weeks, the price Stellar Lumens has performed amazingly from the technical perspective and adoption rates as well as development. Stellar no doubt has an enthusiastic community that is home to devoted and qualified developers. Back in March 2019, it was announced that by IBM that 6 global banks have entered partnerships with them in a bid to adopt IBM World Wire technology for their setups.
It is essential to point out that IBM-World-Wire is a network that relies on Stellar’s Blockchain and is developed by IBM. This partnership can give banks the opportunity to instantly mobilize funds and explore other financial services in Stellar’s Blockchain. A second advantage that the 6 banks will enjoy is having Stellar Lumens as their bridge crypto for facilitating the exchange of Stellar tokens.
All the efficacies offered by Stellar indicate that the price of Stellar Lumens has a bright future. Experts expect the price of Stellar Lumens to reach $0.60 by year-end. Hence, long-term investors should consider XLM as a good option.
Stellar is not just increasing its partnerships, it is amplifying the number of users on its pool to a great extent in only a short period of time. This can benefit the price of Stellar Lumens and the future status of the coin.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.