Stellar Lumens Price XLM

#23

$0.22

-2.14%

Buy Now

Price Information

1 Year Change

-45.05%

All Time High

$0.94 -77.03%

Volume 24h

0.1 B $ -8.76%

Market Cap

7.0 B $ -2.10%

Buy Now

Price Alert

Create a price alert and never miss the best entry time again

Set Price Alert

About Stellar Lumens

XLM Price Pulse: What’s Moving It?

As of now, Stellar (XLM) is trading at $0.22, reflecting a 1.24% decrease over the last 24 hours. With a market capitalization of approximately $7.05 billion USD, XLM remains a significant player in the blockchain payment and cross-border transaction space. The slight decrease in price can be attributed to a combination of broader cryptocurrency market sentiments, minor profit-taking by short-term traders, and global economic factors impacting risk assets. Investors should note that price fluctuations in cryptocurrencies like XLM often result from multiple converging factors, including news flow, adoption rates, and macroeconomic events.

XLM Price Catalysts: Bull Case & Bear Case

Bull Case: Stellar's core value proposition centers around enabling fast and affordable cross-border payments, making it attractive for financial institutions and remittance services. Continued partnerships with banks and fintech firms can drive adoption, potentially increasing demand for XLM. The growing interest in decentralized finance (DeFi) applications built on Stellar's blockchain also presents opportunities for price appreciation. Moreover, improvements in blockchain technology and network scalability might further enhance Stellar's utility and investor confidence.

Bear Case: On the downside, competition from other blockchain platforms focusing on payments, such as Ripple (XRP) and newer projects, could limit Stellar's market share. Regulatory scrutiny on cryptocurrencies might also impact investor sentiment negatively. Market-wide downturns, declining interest in altcoins, or technological setbacks may further weigh on XLM’s price. Additionally, if the network fails to achieve broader adoption or if major partnerships dissolve, the demand for Stellar’s token could falter, resulting in price decline.

Frequently asked questions

Why is Stellar going down right now?

Stellar's recent price dip of 1.24% can be linked to general market volatility affecting cryptocurrency assets, profit-taking by investors, and cautious sentiment due to global economic uncertainties. No major negative events specific to Stellar have been reported recently.

What is Stellar (XLM) used for?

Stellar is primarily designed to facilitate fast, low-cost cross-border payments and to connect financial institutions with decentralized finance (DeFi) applications. XLM, its native token, is used to pay transaction fees and as a bridge currency for exchanging between different fiat currencies.

Is Stellar a good long-term investment?

Stellar's potential depends on broader adoption by financial institutions and the growth of its ecosystem. While it has strong use cases in payments and remittances, investors should consider market risks and do thorough research before holding XLM long term.

How does Stellar differ from other cryptocurrencies?

Stellar focuses specifically on cross-border payments and aims to bridge the gap between traditional finance and blockchain. It prioritizes low fees and fast transaction speeds, targeting partnerships with banks and payment providers, unlike some cryptocurrencies that focus on smart contracts or privacy.

What factors could cause XLM to increase in value?

Increased adoption by banks and remittance services, more DeFi projects on the Stellar network, positive regulatory developments, and overall bullish sentiment in cryptocurrency markets could drive XLM's price higher.

Where can I buy Stellar (XLM)?

XLM is available on most major cryptocurrency exchanges like Binance, Coinbase, Kraken, and others. Retail investors should choose reputable platforms with good security and liquidity to purchase XLM safely.

Popular Stellar Lumens Exchanges

View All

Crypto.com is a global cryptocurrency platform that lets users buy, sell, and trade digital assets. It offers a secure wallet, a crypto-backed Visa card, staking, DeFi services, and various financial products designed to make crypto accessible for everyday use.

Rating:

2.9

Reviews:

eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.

Rating:

3.2

Reviews:

Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.

Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.

Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.

Rating:

2.8

Reviews:

Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Their mission is to be the infrastructure provider for crypto in tomorrow’s world.

Rating:

3.4

Reviews:

Kraken.com is one of the world’s largest and longest-standing cryptocurrency broker trading platforms. Founded in 2011 and headquartered in the U.S., it provides users with access to a wide range of digital assets such as Bitcoin, Ethereum, and many altcoins.

Rating:

3.9

Reviews:

Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Rating:

3.5

Reviews:

Uphold serves 10M+ users, offering 300+ cryptocurrencies and fiat trading, deep liquidity, seamless swaps, advanced tools, a UK-exclusive card, and a secure Vault. Its 100%+ reserve model ensures transparency and security.

Rating:

3.9

Reviews: