Prior to the Initial Coin Offering (ICO), 105 billion lumens were created and entered circulation. In 2014, in the very early stages, Stellar was supported by prominent investors (including founders of PayPal, WordPress, and AngelList). Find out a more detailed description of Stellar and XLM in our Beginner’s Guide! Price History of Stellar lumens (XLM) XLM Price in 2014–2016 Source: TradingView XLM is used to pay transaction fees and acts as an intermediary for illiquid assets on the network’s DEX. Stellar lumens (XLM) is a native token of the platform. To this day, the goal of the Stellar system remains to facilitate cross-border payments at the lowest transaction costs. We’re expecting to support the usual categories of transactions: payments to a merchant, remittances back home, or rent splits with a roommate”. As the official article introducing the new blockchain states, with Stellar, “users can send a transaction from their Yen balance and have it arrive in Euros, Yen, or even bitcoin. ![]() The project name was eventually revealed in 2014 when Stellar was introduced as a “decentralized protocol for sending and receiving money in any pair of currencies”. From the start, the project creators found a fancy way of showing that Stellar would aim to offer a payment-oriented cryptocurrency similar to Bitcoin, yet, better. What are Stellar Network and Lumens (XLM)? Source: Stellarīefore launching under the name Stellar, the developers called it “The Secret Bitcoin Project”. By 2030, the highest lumens could reach is $10, some experts claim.Various Stellar lumens price predictions are unanimous in considering that in 2025 XLM price will not exceed $0.60.Stellar lumens price prediction for 2023-2024 ranges from bearish $0.15 to bullish $1.91.XLM coin price forecast given by different analysts suggests that its average price will be ranging between 10 and 14 cents. ![]() Stellar Lumens Price Prediction 2022–2030 Year
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