However, despite this short-term dip, it has demonstrated resilience over the week, marking a notable 5.13% increase. Stellar is currently trading at $0.1548, experiencing a slight decline of 2.90% over the course of a day. Despite its recent positive performance, five price predictions from various platforms indicate that XLM is not expected to trade above $0.20 in the foreseeable future. XLM price analysisĪnalyzing its recent performance, XLM has shown a bearish trend, with only 12 green days out of the last 30 days, indicating a 40% occurrence of upward price movements.īased on insights gathered from multiple online sources, it appears that the prevailing sentiment is not favoring a significant price surge for XLM by the end of 2023.

Naturally, such a surge in price triggered a substantial increase in investor activity, resulting in exceptionally high levels of engagement within the XLM market. The protocol, well-known for its efficient cross-border transfer rally, was nothing short of impressive, closely trailing the price surge of XRP in the aftermath of the SEC v. Meanwhile, Coinbase, the second-largest cryptocurrency exchange in the world, also integrated with Stellar recently and now fully supports USDC deposits and withdrawals through its blockchain network

Notably, leading Latin American crypto exchange Bitso integrated Stellar’s Anchor Network to allow companies worldwide to make low-cost USDC payments to Argentina, Mexico, and Colombia.

Stellar lumen future