What is the next best move in the crypto trading world? You can’t go wrong with Bitcoin, so the idea to convert XMR to BTC might be good if you have Monero coins. But what if you’d like to acquire a less-known token than BTC?
In this guide, you’ll find two great suggestions, including Stellar and Cardano. We are discussing both projects to help you decide on a better investment.
What Is XLM?
XLM refers to Stellar, which are tokens powering the Stellar network. The blockchain runs a network of independent servers. While they can communicate, there’s no central authority monitoring them.
Stellar uses its unique Stellar Consensus Protocol. Anyone who wants to participate in validating transactions can become a server (confirmation node). The network uses anchors, which are entities that issue credits to the network. You can consider them a connection between the chain and digital assets.
XLM is currently worth $0.11. It’s in the 23rd spot in the crypto rankings, with a market cap of around $3 billion. The estimation is that 27.8 billion XLM tokens are in circulation, with the maximum supply now set at a bit over 50 billion. Stellar’s all-time high was in 2021, when it was worth $0.9381. Since then, tt has lost almost 88% of its value.
XLM Price Prediction
Short and long-term XLM forecasts largely vary, but most experts agree that there won’t be huge fluctuations in 2023. The coin shouldn’t move more than 10% up or down from the current value. In 2024, XLM’s value could be from $0.168 to $0.29. The growth trend should continue in 2025, with Stellar being worth anywhere from $0.216 to $0.52.
If we skip to 2028, XLM could be worth anywhere from $0.41 to $0.711. Some experts believe that the token is likely to exceed $1 by 2030, while others warn that its value might not go beyond $0.51.
What Is ADA?
ADA is the native token of the Cardano blockchain. The network features a so-called third-gen blockchain, which improves the concept of utilizing smart contracts by offering better programmability. That results in faster and more affordable transactions than with Ethereum and other second-gen networks.
Cardano uses the proof-of-stake consensus mechanism called Ouroboros. The main purpose is to optimize security while maximizing efficiency. Cardano uses the staking concept instead of mining. Although it’s been around since 2017, it has supported smart contracts since 2021.
ADA is now worth $0.28 per token. It has a market cap of $10 billion, enough to be in the top ten in the rankings. At the moment, the circulating supply of Cardano is 35.2 billion, which is 78% of the maximum supply of 45 billion tokens. Its all-time high was in 2021 — ADA was worth $3.11 in September. From then, Cardano lost over 91% of its value. You can check other XLM vs ADA parameters for more details.
ADA Price Forecast
Cardano has had a decent year so far, and many believe it won’t go beyond the current value before 2023 ends. Optimistic forecasts place it at $0.68 in 2024, while those more cautious keep the coin’s value at around $0.32. In 2025, ADA could be worth anywhere from $0.41 to $0.95, but the chances of exceeding $1 are slim.
That will likely happen by 2028, although some pessimistic forecasts put the token only at $0.85. The optimistic ones place it at $1.42 and even predict a boost up to $2.76 by 2030. Those who are more cautious agree that ADA could gain value, but only up to $1.42 in 2030.
Which Is a Better Investment?
The forecasts are different, with some predictors believing that Stellar can boost its value more significantly than Cardano. However, that’s ultimately guesswork, so the decision on which coin to acquire should be yours.
If you believe Cardano can replace Ethereum, an upgraded third-gen blockchain, ADA can be a wise bet. But if it seems like Stellar is a more promising project, go ahead and get some XLM tokens. The good news is you can get both coins in all reputable crypto exchanges, so it shouldn’t be a problem to find the desired trading pair.
