What factors could push XLM to $0.22?
Stellar (XLM) is currently ranked 31st in the cryptocurrency market, with a market cap of approximately $3 billion . Analysts believe that XLM could experience a rebound and potentially reach $0.22 by the end of 2024 . This article will explore the factors contributing to this positive outlook and highlight recent trends in the crypto market. What Could Drive Stellar's Price Up? Analysts' Predictions : Experts are optimistic that XLM could rise to $0.22 by the end of 2024. This prediction is based on Stellar's ability to enhance its international payment systems. Key Partnerships : Stellar has been strengthening partnerships, notably with the Ukrainian government and VISA . These collaborations could significantly boost Stellar’s utility in the financial technology sector, especially for cross-border transactions. Also Read: Ethereum Classic Price Prediction 2024-2030: Will ETC Price Cross $50? The Impact of Bitcoin on the Market Bitcoin'...