• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
Stellar : Headed Towards $1?
Advertisement

Stellar: Is XLM Headed Towards $1?

Pini Raviv by Pini Raviv
5 years ago
in News, Altcoin News, Markets and Prices, News teaser, Ripple
0
Advertisement
Advertisement

Stellar Lumens, the 8th largest cryptocurrency, currently has a market cap of $6,478,352,729 and a price of 35 – 45 cents.  However, just one year ago, the price of Stellar was less than one cent.


With such astonishing gains made in the last year, many people are wondering whether or not Stellar will break out past the $1 mark, as its competitor, Ripple, was able to do in 2017.

Claim the JACKPOT with 55 FREE SPINS. Signup today to redeem your bonus.

There are a number of factors that are indicating that Stellar could be set for an ascent over the $1 mark. Here is a look at some of these factors.

1. It Recently Came Close

Stellar reached an all-time high of 90 cents on January 3rd, 2018. It quickly retreated after reaching this level. However, the fact that it made it all the way to 90 cents in January, means that on the next major cryptocurrency market upswing, Stellar could be propelled over the $1 mark.

Stellar has already come close to $1

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

2. The Number of Exchanges Listing Stellar Is Growing Quickly

Stellar used to be only offered by three major exchanges, Poloniex, Kraken, and Bittrex. However, now it is available on many others including Binance, CEX, and Gate. The increasing amount of exchanges offering Stellar will most likely help to push the coin over $1. This is because the easier that it is for people to buy and trade, the more people there are who will be likely to do so.

3. New Partners

In 2017, Stellar picked up many new partners. These partners will help to expand the ways that Stellar can be used. Examples of the new partners that Stellar has recently collected include SatoshiPay, EXCH One GMBH, Pundi X, MoneyMatch, NeoFrame, Streaml, and SureRemit.

SatoshiPay’s partnership alone might boost Stellar’s progress.

SatoshiPay is a web payment system that is designed to allow online publishers to monetize digital assets. With SatoshiPay, online publishers can monetize digital assets such as news articles, PDF’s, videos, and others for very small amounts in a way that is frictionless. SatoshiPay will now be using Stellar Lumens for all of its nanopayments. This is highly significant for Stellar.

New Partners

4. Emerging ICO Platform

Ethereum has carved out the top spot in terms of being a platform for ICO’s to launch and operate on. This is largely due to the fact that smart contracts and DApps can be relatively easily created on the Ethereum blockchain. Many ICO’s have taken advantage of this fact. However, Stellar Lumens is also a platform that can be used for ICOs and is increasingly doing so. The reason is that Stellar has a built-in exchange which is completely decentralized. It also allows for the easy converting of various tokens and currencies, including fiat. Further, transactions on the Stellar network are extremely fast compared to Ethereum. Stellar transactions take about five seconds to go through, whereas Ethereum transactions take about 3.5 minutes.

All of these factors make Stellar Lumens incredibly appealing for ICO’s who cannot get listed on major exchanges, and who are looking for an alternative to Ethereum for an ICO platform to launch and operate on. Stellar Lumens also facilitates smart contracts, just like Ethereum does. So, because of all of these capabilities, there is a very strong possibility that Stellar could become the next major ICO platform. In fact, some sources are even predicting that it could be the potential number one platform for ICO’s in 2018. This is extremely significant, and highly positive for the future of Stellar.

Conclusion 

The XLM price rose dramatically in 2017. However, it didn’t quite make it all the way to $1. But there is a strong chance that it could get there in 2018. In fact, it may happen before many people expect it to. It could even possibly get there within the next few months. The recent price movements, the fact that more exchanges are listing it, the key partnerships that it is making, and the fact that it is becoming a significant ICO platform are all strong indicators that Stellar will, in fact, breach the $1 mark. The next question after that will be whether or not it can surpass one of its top competitors: Ripple.

Do you think that Stellar will crack the $1 mark? Will it ever be able to surpass its chief rival, Ripple? Let us know in the comments below.


Images courtesy of AdobeStock, Shutterstock, Wikimedia Commons

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Pini Raviv

Pini Raviv

Related Posts

Ripple

Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman’s Speech

6 hours ago
Ripple

Pro-XRP Lawyer Offers Key Solution To Ripple’s Legal Woes Against SEC

1 day ago
Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman's Speech

Hinman Emails Unveiling Inevitable, Affirms Deaton And Ripple CTO

1 day ago
Ripple

Ripple Case Enters Critical Phase As Judge Prepares For Mid-July Verdict, Top Lawyer Says

4 days ago
Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman's Speech

XRP Recognized By Atlanta Fed Reserve Bank As Global Payment Solution

4 days ago
XRP

Pro-XRP Lawyer Disputes SEC’s Claim That Hinman Speech Document Is A Personal Opinion

5 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • Is Betting About to Be Transformed by the Blockchain?...

    3 hours ago
  • Traders Foresee Significant Price Upswing for DigiToads...

    4 hours ago
  • 3 reasons why Inqubeta (QUBE) Sale Draws Attention from...

    4 hours ago
  • Chiliz and Stacks price struggles as Tradecurve expects a...

    8 hours ago
  • JP Morgan working on AI as Tradecurve already thinking...

    8 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.