Stellar (XLM) is a cryptocurrency designed for fast and low-cost international transactions Price Prediction: 2024-2030 Outlook and Key Targets](https://thecurrencyanalytics.com/altcoins/stellar-xlm-price-prediction-2024-2030-outlook-and-key-targets-145790). Here are some recent updates and predictions for Stellar (XLM):
1. **Recent Price Movement**: XLM recently reached $0.2555, its highest level since January 2022. This surge was driven by a broader cryptocurrency rally and its similarity to Ripple (XRP), which also saw significant gains.
2. **Market Cap**: Following the price increase, XLM's market cap has seen substantial growth.
3. **Future Predictions**: Analysts predict that XLM could continue its upward trend, potentially reaching $0.31 or even $0.34 in the near term. Long-term predictions suggest that XLM could reach $1 by 2030, driven by strategic partnerships and increased adoption Price Prediction: 2024-2030 Outlook and Key Targets](https://thecurrencyanalytics.com/altcoins/stellar-xlm-price-prediction-2024-2030-outlook-and-key-targets-145790).
4. **Institutional Interest**: Stellar's partnerships with major financial institutions like MoneyGram, Mastercard, and Stripe are boosting its credibility and adoption.
5. **Technical Analysis**: The current price of XLM is around $0.20421, with predictions suggesting it could rise to $0.271 by November 2024 Price Prediction 2024, 2025–2030 - CoinCodex](https://coincodex.com/crypto/stellar/price-prediction/).
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