- XLM’s bullish trend is supported by strong technical indicators and key strategic partnerships with Circle and MoneyGram.
- If momentum continues, XLM could target $0.65 by late 2025, with a possible surge to $1.32 by May 2025.
Despite bullish signals for Ripple (XRP) and Stellar (XLM) previously discussed in a CNF update, Stellar Lumens (XLM), the native cryptocurrency of the Stellar network, has recently experienced significant price fluctuations, drawing attention from investors and analysts alike.
Technical analysis suggests a bullish outlook for XLM. The Relative Strength Index (RSI) stands at 74.10, indicating overbought territory, which could lead to a consolidation phase. Additionally, the Moving Average Convergence Divergence (MACD) has displayed a bullish crossover, typically a sign of continued upward movement.
The Ichimoku Cloud analysis also supports bullish momentum, as XLM’s price remains above the cloud, with a green cloud formation ahead, signaling potential sustained growth.
Strategic Partnerships and Ecosystem Growth
Beyond price movements, Stellar’s strategic initiatives have strengthened its position in the blockchain and financial sectors. The Stellar Development Foundation (SDF) has partnered with major financial entities such as Circle and MoneyGram, aiming to enhance cross-border payment solutions using Stellar’s low-cost and fast transaction capabilities.
The integration of USD Coin (USDC) and real-time settlement features has expanded Stellar’s reach, potentially increasing XLM’s utility and demand.
Future Outlook and Analyst Predictions
A CNF report analyzed how XRP and Stellar (XLM) led the market recovery in 2023. Analysts remain optimisticabout XLM’s future, with predictions suggesting that if momentum continues, XLM could reach $0.65 by the end of 2025 and potentially $1.32 by May 2025, marking a substantial price increase.
These projections are contingent on sustained bullish trends and successful execution of Stellar’s strategic partnerships and technological advancements.
Over the past week, XLM surged by approximately 32%, pushing its market capitalization above $13 billion. The rally began when XLM found support around the $0.31 mark, climbing 27% over three days, with a doubling in futures open interest, indicating heightened trader engagement and capital inflows.
As of now, Stellar (XLM) is trading at approximately $0.3460, reflecting a 1.28% increase in the past day but a 1.21% decline over the past week. See XLM price chart below.
