![]() ![]() XLM Coins will not reach $100 in the next five years, according to some predictions we’ve heard. With a circulating supply of 23 billion coins, you could conclude that a coin worth $5 per ounce is worth $100 billion. The token supply, on the other hand, limits the number of users. Stellar Lumens could reach $5 in the near future, given its solid fundamentals and the current bull market. On the network, you can buy lumens directly from the native Stellar exchange, Lobstr. Coinbase and Kraken are two websites where you can purchase lumens in dollars. There are nearly 20 billion lumens that are publicly available, and the Stellar Development Foundation holds the remainder. The protocol does not mine or award lumens as tokens in the same way that it does with other blockchains. Lumens is currently used to meet minimum balance requirements and transaction fees by over 6.7 million accounts. While Stellar lumens is not currently an ERC20 token, there are a number of ERC20 tokens that have been built on the Stellar network, including Mobius (MOBI) and Smartlands (SLT). In 2017, the Stellar Development Foundation, the nonprofit organization that oversees the development of the Stellar network, announced a partnership with IBM to develop a cross-border payments solution using Stellar lumens. Since its launch in 2014, Stellar lumens has become one of the most popular digital assets, with a market capitalization of over $4 billion. One of the unique features of Stellar lumens is that it is an open-source, decentralized protocol that allows for near-instant transactions and low fees. Designed to bridge the gap between fiat currencies and digital currencies, Stellar lumens can be used to facilitate cross-border payments and other financial transactions. Stellar lumens (XLM) is a digital asset built on the Stellar network. ![]()
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