Buy Stellar (XLM): price and forecasts

Why buy Stellar?

If you’re considering buying Stellar, you should know that the long-awaited release of its smart contracts is expected in 2024. This technological advancement will enable new possibilities for decentralized applications on the platform, offering greater flexibility for financial services. Although the launch was delayed to address some bugs, the integration of smart contracts marks a significant turning point for Stellar, allowing it to compete with established blockchain platforms like Ethereum.

Additionally, Stellar has formed partnerships with MoneyGram and Franklin Templeton to enhance the accessibility of cross-border payments and to facilitate the use of stablecoins, such as EURC, issued by Circle. The core mission of this DeFi protocol remains focused on providing financial services to the unbanked, or those who lack access to traditional banking services.

In 2025, Stellar showed several times that it had strong growth potential. For example, on New Year’s Eve, the value of XLM rose by about $0.12, taking the token from $0.33 to $0.42, and reaching $0.45 a couple of days later. Or, in early July, it delivered a remarkable 110% increase: within ten days, Stellar went from $0.22 to $0.50.

From that point on, however, XLM began a slow decline that pulled it back down to around $0.22 (as of late November, when we are writing). It’s worth noting that during this period the broader crypto market also showed signs of weakness.

What is Stellar?

Stellar can be seen as a half-sister to Ripple, as both were created by Jed McCaleb. However, Stellar is not designed to serve as a direct payment method. Instead, it functions as an intermediary in the conversion of currencies. With Stellar, it is possible to send traditional currency from one part of the world to another through blockchain technology, utilizing a complex tokenisation system. This innovative technology has a significant impact in the real world, particularly in countries where access to the financial system is nearly non-existent.

The cryptocurrency associated with the Stellar blockchain is called XLM. It serves as an ‘anti-spam’ tool, helping to protect the network from malicious actors attempting to overwhelm it with Denial-of-Service (DoS) attacks. Additionally, all accounts on the Stellar network are required to maintain a minimum balance of 0.5 XLM. This requirement encourages users to keep the blockchain clean by closing inactive accounts, ensuring that all accounts using Stellar are economically viable.
Stellar aims to ‘make money more fluid, markets more open, and people more independent’. Supervising the project, in addition to Jed McCaleb, is the Stellar Development Foundation. The SDF is a non-profit foundation founded in 2014 specifically to oversee the development of Stellar.