Stellar News and Price Prediction: XLM +13.48% in last 24 hours. IBM Confirms Stellar Adaptation in Two Large Banks. Thursday, July 26
Important Stellar News
IBM Confirms Stellar Adaptation in Two Large Banks
Bridget van Kralingen, IBM's Senior Vice President for Global industries in a recent live broadcast interview with Fortune Magazine confirmed that Stellar's Lumens are currently being used by "a couple of the largest banks" in financial exchange corridors, which involve countries like New Zealand, Australia, South East Asian Islands and the UK. This news shows that Stellar protocol is being taken seriously by global banks and shows its use cases in real world.
This news raises positivity not only among Stellar's investors and token holders, but also the sole cryptocurrency community, as it's always good to see blockchain technologies being used in the mainstream and rather conservative world.
XLM Price Prediction
Taking into the consideration recent partnerships and cooperation plans announced by Stellar, any signs of successful projects, developed apps or upcoming product deliveries may significantly contribute to the XLM price. There is a SDEX coming, which is a Stellar's inherent decentralized exchange, which is developed by people who have worked on Kickstarted, Headspace or OkCuping.
Stronghold, which is the Stellar network's first official, venture-backed USD anchor recently entered collaborations with IBM to explore uses for Stronghold USD within blockchain business networks on the IBM Blockchain platform. The investors will be able to exchange USD for XLM, which can also positively impact coin's worth.
According to WalletInvestor, the current performance of XLM is very good, and they rate it as an "awesome long-term investment". The predictions are updated every few minutes with latest prices by technical analysis and the current ones estimate that in a year Stellar's Lumens could be worth $0.517, while after 5 years XLM could exceed $1. It is stated that: "The long-term earning potential is +56.91% in one year."
XLM/USD Price Chart, Thursday July 26th:
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