How High Can XLM Go? Stellar Price Prediction Points to $1.50 This Cycle

December 18, 2024
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4 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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Stellar (XLM) stands out for its quick, low-cost cross-border payments and big-name partners like MoneyGram. 

Binance analysts say it might reach $1.50 this cycle, thanks to rising adoption and real-world use cases. 

But competition and regulations could slow it down. 

On the other hand, projects like PlutoChain ($PLUTO) could give Bitcoin a boost by adding features like DeFi and NFTs, all while potentially preserving its core principles. 

Its fresh ideas could spark new blockchain possibilities. 

Let’s take a closer look at XLM’s potential below.

Can Stellar (XLM) Realistically Hit $1.50 This Cycle?

Stellar (XLM) has positioned itself as a top player in cross-border payments, which offers fast, cheap transactions that could reshape global remittances. 

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With transaction costs as low as a fraction of a cent and processing times measured in seconds, Stellar attracts financial institutions and payment platforms looking for efficient solutions. 

This makes it a strong contender in the remittance market, especially as the demand for faster, cheaper international payments grows.

The ecosystem’s expansion adds to its potential. 

Stellar’s transaction volume continues to grow and is primarily driven by partnerships with global entities like MoneyGram. 

Its integration with major payment platforms helps solidify its reputation as a go-to solution for cross-border transactions. These collaborations show how Stellar connects traditional finance with blockchain, which makes it more accessible for everyday users and institutions.

Stellar’s real-world applications extend beyond remittances. 

Its support for Central Bank Digital Currencies (CBDCs) highlights its flexibility and ability to adapt to changing financial landscapes. 

Partnerships with governments and enterprises demonstrate trust in its technology, which could help drive adoption further.

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External trends also work in Stellar’s favor. As the global economy shifts towards interoperable payment systems, Stellar’s blockchain offers a solution that connects diverse financial networks. 

This aligns with the growing need for seamless, borderless transactions across currencies and platforms.

Technical indicators like RSI and trading volume point to increasing momentum. Resistance levels suggest potential breakouts, especially if market conditions remain favorable. 

While challenges like competition from Ripple and regulatory hurdles exist, Stellar’s strong foundation and growing utility give it a realistic shot at hitting $1.50 this cycle.

PlutoChain Could Expand Bitcoin’s Capabilities in DeFi and Beyond

PlutoChain ($PLUTO) could take Bitcoin beyond its role as a store of value by potentially introducing functionality like decentralized finance (DeFi), NFTs, and other advanced blockchain features. 

This shift may allow Bitcoin to compete in areas where it traditionally lagged, which could open the door to broader adoption and new use cases.

One of PlutoChain’s standout features is its Ethereum Virtual Machine (EVM) compatibility. 

This could bridge Ethereum’s flexibility with Bitcoin’s unmatched security, which might make it easy for developers to bring Ethereum-based apps onto Bitcoin’s network. 

Whether for DeFi protocols, NFT marketplaces, or innovative AI-driven projects, this compatibility may enable seamless integration across two of the biggest blockchain ecosystems.

PlutoChain runs on its independent Layer-2 blockchain, which achieves 2-second block times for faster and cheaper transactions. 

Unlike traditional Bitcoin transactions that can take several minutes, PlutoChain could significantly improve scalability without altering Bitcoin’s core infrastructure. This efficient design may give its users and developers a smoother and cost-effective experience.

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The numbers speak for themselves. 

PlutoChain’s testnet has processed over 43,000 daily transactions, which could prove its scalability and readiness for real-world applications. 

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Its commitment to security is equally strong, with audits from trusted firms like SolidProof, QuillAudits, and Assure DeFi that ensure a reliable and secure ecosystem.

A defining feature of PlutoChain is its community-driven governance model. 

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Holders can potentially play an active role in shaping the network by voting on upgrades and proposals, which could promote inclusivity and build trust. 

With its forward-thinking vision, PlutoChain could redefine how blockchains operate, which may make Bitcoin a platform for innovation rather than just a digital asset.

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Stellar (XLM) shows strong potential to hit $1.50 this cycle, which is driven primarily by its efficient cross-border payment system, expanding ecosystem, and partnerships with major financial institutions like MoneyGram. 

Its focus on real-world use cases and growing role in global financial systems position it as a key player in the blockchain space.

PlutoChain ($PLUTO), on the other hand, could redefine Bitcoin’s capabilities by potentially introducing a fast and scalable Layer-2 blockchain that supports advanced applications like DeFi and NFTs. 

Stay informed on PlutoChain’s innovative journey by following its updates on Twitter, Discord, and Telegram.

This article do not offer financial advice. Cryptocurrencies can be unpredictable and carry risks. It is important to conduct thorough research before acquiring any crypto asset. Forward-looking statements carry risks and are not guaranteed to be updated.

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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