Friday’s crypto market bounce back has a few OG altcoin stars shining, including Stellar (XLM). Upon the news that the United States Securities and Exchange Commission (SEC) has moved to dismiss their appeal to bury the hatchet in Ripple’s unregistered securities case, several big-cap Layer-1 altcoins burst out with gains in double-digit percentages.
XLM Shines Bright, Is A Broader Moonshot Coming?
Stellar Lumens (XLM), a seasoned alternative cryptocurrency known for robust smart contract capabilities, whipped up 19% profits on Friday to tackle $0.4644, slightly below the double top of $0.50 hit twice on July 14 & 18, 2025.
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Does this mean there’s more upside potential? If trading volume carries on netting billions of dollars a day, Stellar (XLM) can compete with XRP in the cross-border payment sector. According to crypto gem hunter Crypto Pig, $1 XLM price reclaim is not in question of ‘if’, but ‘when’, referring to the historical price data.
In fact, the major demand zone from $0.15 to $0.30 has fueled Stellar’s (XLM) moonshots to $0.50 in November, 2024, while the previous bull races in 2021 & 2018 have bore fruit in $0.67 & $0.87, according to CoinGecko’s statistics.
The latter remains Stellar’s (XLM) all-time price record, a milestone this altcoin is over 47% away from. To hit $1, Stellar’s market cap would need to double up, reaching the likes of Tron (TRX), Dogecoin (DOGE) & Cardano (ADA), all worth around $30 billion in global crypto cap.
Presently, Stellar’s (XLM) price is hovering just below the red-label Bollinger Band (BOLL), which ultimately serves as a signal of a bullish takeover. Additionally, the OG altcoin’s Bull Bear Power (BBP) metric has flashed mega high green candles, rationalizing XLM’s $1 price target in the long-term.
On The Flipside
- XLM’s Spot market netflow stats turned negative on August 8, 2025, registering $2.22 million in outflows.
- This signals early profit taking by whales, even though the Chaikin Money Flow (CMF) is still on the buying side.
Why This Matters
Layer-1’s like Stellar (XLM) gained popularity due to compliance with ISO 20022. This makes altcoins like XLM, XRP & ALGO attractive for institutional investors, encouraging central banks to use blockchain tech.
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People Also Ask:
Stellar (XLM) surges due to strong market optimism, technical breakout patterns, and growing adoption. Moreover, a bullish pennant and increased trading volume signal robust momentum, with analysts eyeing a $1 target.
A mini Golden Cross, with the 20-day moving average crossing above the 200-day, and a bullish ascending triangle on the daily chart suggest strong upward momentum, potentially pushing XLM past $0.50 toward $1.
Stellar’s focus on fast, low-cost cross-border payments, partnerships with MoneyGram and Mastercard, and exploration of CBDCs boost its utility, attracting institutional interest and supporting price growth.
Overbought signals, like an RSI above 90, and potential profit-taking after a 95% surge in a week could trigger a correction. Additionally, resistance at $0.51–$0.55 must flip to support to sustain the rally.
DailyCoin offers trusted coverage of Stellar (XLM) price movements and market trends, providing timely insights for investors tracking its potential to hit $1.
