The price of Stellar Lumens has been on the rise over the past seven days. Stellar Lumens (XLM) has begun its journey this year with a pretty good figure following the crypto winter. The lowest level the digital currency has tested this year is $0.0745, and that was on the 6th of February. The price of Stellar Lumens surged higher again during the massive crypto bull run on the 1st of April. After testing a new high, the price of Stellar Lumens corrected lower again.
Stellar (XLM) Price Today – XLM / USD – XLM Coin Price
At the press time, XLM USD live price is $0.13080 after an increase of more than 24 percent over the past day.
Stellar Lumens Price Prediction – Can the Price of Stellar Lumens Hit $1?
However, the recent crypto bull run has pushed the price of Stellar Lumens higher. At the moment, XLM USD price is 20 percent higher than it was last month. According to some analysts, XLM USD price is expected to hit $1 by the end of this year. However, the short-term price prediction of Stellar Lumens is 35 cents.
Stellar Lumens News Today – Wevest Digital’s Security Tokens on Stellar Blockchain
The blockchain project is very attractive to many digital asset investors and companies. The price of Stellar Lumens is also pretty encouraging. Stellar Lumens price prediction and the developments around the project are also paving way for the project. Stellar Lumens has secured a lot of partnerships over the years. More firms are now attracted to the network, thanks to the bullish Stellar Lumens news.
Stellar just secured a strategic partnership that would have a significant impact on the price of Stellar Lumens (XLM). Wevest Digital just confirmed a collaboration deal with Stellar. Wevest Digital AG is a fintech firm that is based in Berlin. The firm provides banking services for small and medium enterprises. Out of the numerous crypto projects in the crypto verse, the firm chose Stellar. The firm wants to use the Security Token services of Stellar Lumens blockchain.
Stellar Lumens Is Available for trading on CoinDeal and Coinsquare
This is one of the most bullish Stellar Lumens news over the past weeks. Along with this news, Stellar Lumens (XLM) is now available for trading on CoinDeal and Coinsquare trading platforms. With all these Stellar Lumens news and development, can the price of Stellar Lumens hit the $1 level before the end of this year? What is Stellar Lumens price prediction 2019?
Stellar Lumens Price Analysis: XLM Slides 8.9 Percent
According to the latest Stellar Lumens news on bitcoinexchangeguide; for two hours, the Stellar Network Failed as SDF nodes blacked out leading to no consensus and an unacceptable failure. Even so, Jed says the dependence of SDF will gradually reduce as they increase the number of validators and slices. That will hopefully support XLM prices as bulls aim at 18 cents and higher.
In explaining their weaning and the resulting two-hour blackout on May-15, Jed McCaleb said:
“Over the last months we have worked to get people to not depend on the SDF nodes. As of maybe a month or so ago the SDF nodes could safely go down and the network would continue. But this also means that the network can halt even if the SDF nodes are still running. Unfortunately this is what happened. Enough other nodes stopped for various reasons that the network halted. The SDF nodes and in fact the majority of validators in the network were still up. They just couldn’t close ledgers safely because they weren’t hearing from enough nodes in their quorums so the network halted until it could be restored to a good state.”
Nonetheless, the fact that yesterday’s close was above 13 cents, the main resistance level capping bulls in the last five months, signals underlying demand for XLM traders. Notably though, accompanying the break above is a surge of transaction volumes—5 million against 1 million, meaning there was demand for the asset thereby fueling the propulsion above Q1 2019 high.
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