Stellar XLM Price Analysis and Short-Term Target

By: cryptosheadlines|2025/05/15 00:45:05
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The notable growth rate of Stellar network is bolstered by institutional investors seeking to tokenize RWAs and enable cross-border operations.XLM price has closely followed XRP price action in the past, and both have hinted at potential rally toward price discovery soon.Stellar (XLM) price has gradually gained bullish momentum in the past six weeks. The large-cap altcoin, with a fully diluted valuation of about $15.1 billion and an average 24-hour traded volume of about $314 million, rallied over 25 percent in the past four weeks to trade about $0.3033 on Wednesday, May 14, during the late North American trading session.The notable return of FOMO altcoin trading, as evident in the Ethereum price rally against Bitcoin, played a crucial role in the gradual rebound of XLM price. Moreover, XLM’s Futures Open Interest (OI) surged from $112 million on April 14 to about $196 million at the time of this writing Stellar Network and Institutional Adoption The Stellar network has grown over the past years to a vibrant web3 ecosystem. Since the launch of the smart contract capabilities through the Soroban upgrade in early 2024, the Stellar network has attracted more institutional investors seeking to tokenize real-world assets (RWA) to explore more global markets.For instance, several institutional investors led by Franklin Templeton, Circle USDC, IBM, and MoneyGram, among others, have explored RWA tokenization on the Stellar network. At the time of this writing, the Stellar network had over $54 million in total value locked and more than $353 million in stablecoin market cap. What Next for XLM PriceIn the past years, it is evident XLM price action mirrored that of rival Ripple Labs’ XRP. After six years of symmetrical consolidation, both XRP and XLM broke out and signaled the onset of the macro bull rally.In the daily timeframe, XLM price has already broken out of a falling wedge pattern and now aims at hitting 60 cents in the near term. Moreover, the daily MACD line recently crossed the zero line amid a potential breakout from an inverse head and shoulder (H&S) pattern.Source link

-- Price

--

You may also like

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

Contents

Popular coins

Latest Crypto News

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com