XLM Price Prediction Shows 2020 Could Be The Major Surge Year

The latest XLM price prediction shows 2020 could be the perfect surge year for the altcoin as we are reading in the Stellar lumens news today.

XLM had a wild month behind itself with the price going back and forth in the range of $0.06 and $0.086. Based on the latest stellar news reports, the altcoin is trying to expand the market share and we also got an announcement by the head for partnerships in the Stellar foundation Lisa Nestor, that Stellar is now working in a lot more countries across the world in order to boost its ecosystem with the help of strategic partnerships.

The efforts seem to be working as there are already many new names that are associated with the network as we reported in the previous Stellar Lumens news, including IBM, Tempo, Stripe, Deloitte, Wirex, and Saldo. Binance, the largest crypto exchange started providing support for the crypto, proving that the project’s worth is high and has a lot of potentials. While the value of one XLM is now down by 94 percent from its record high, some can argue that this altcoin will surely double its price in the near future.
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The Stellar news today will give you a small recap of the fundamentals of the project and its recent price performance so we can match it up to the XLM price prediction for 2020 and beyond. Despite the guides that we have in our Stellar lumens news platform, Stellar distributed a hybrid blockchain platform that is focused on integrating distributed ledger technology into the current infrastructure that serves as a connector between the opposite worlds of traditional, fiat currencies and decentralized cryptocurrencies. The main intention is to be an open financial system that gives people the various income levels and low-cost financial services.

Stellar also offers many advantages to financial institutions and organizations and allows utilization of the network to manage micropayments and reduce the transaction costs but also increasing the reach through mobile branches. Lumens or XLM is the cryptocurrency of the Stellar network and is one of the few altcoins that were not designed as an idea of the Bitcoin source code. The XLM coin is versatile and is appropriate for different types of transactions which can be used for micropayments, remittances processing without any further issues of forex exchanges, as explained in the Stellar lumens news.