Stellar Lumens (XLM), the native cryptocurrency of the Stellar network, has been making waves in the crypto market with analysts speculating whether it can break above the $1 mark in 2025 bull run.
Amid a volatile market landscape and renewed interest in cross-border payment solutions like XRP, XLM’s price trajectory has now become a hot topic in crypto space. With Bitcoin once again reaching new highs and the altcoin segment following, XLM price is also expected to rise to new heights this year.
At the time of writing, XLM price is trading near $0.2622 with it gaining nearly 11% in the past month. It has a market cap of $8.09 billion while having 30.85 billion token supply in circulating out of max supply of 50 billion.
Over the past week, XLM has shown resilience witnessing gains on four out of five days and reaching a high of $0.262 earlier this week. However, the token remains below its 50-day simple moving average (SMA) of $0.262, a key resistance level that has capped its upward movement since February.
Stellar’s recent performance is underpinned by significant on-chain activity. Notably, whale transactions involving 49.5 million XLM on April 17 and a staggering 245 million XLM on April 16 signal strong institutional or large investor interest. Additionally, open interest in XLM futures has risen by 1.49% in a single day, indicating growing bets on a price rebound.
XLM’s price action is currently characterized by consolidation within a falling wedge pattern. A break above the $0.25 resistance could spark a rally toward $0.375 or even $0.514 in coming days. However, bearish signals loom with XLM at risk of a “death cross” – where the 50-day moving average falls below the 200-day moving average – signaling potential declines to $0.19 or $0.14 if support at $0.21 fails.
The SuperTrend indicator, highlighted by analyst Ali Martinez, flashed a potential macro trend shift on April 5, the first such signal since January 2022. This, coupled with XLM’s formation of an ascending triangle pattern, suggests a possible 15–17% price swing, which could push prices closer to $0.375 if bullish momentum holds.
Despite these positive signals, XLM faces headwinds as the broader crypto market is grappling with macroeconomic uncertainties, including escalating global trade tensions and tariff concerns, which triggered a sell-off earlier this month. XLM’s correlation with Bitcoin means its fate is partly tied to BTC’s performance. Additionally, competition from other blockchain networks and regulatory uncertainties could dampen growth.
Hitting $1 would be a psychological and technical milestone for XLM, which has never crossed this threshold in its history. Stellar’s focus on low-cost, cross-border payments and its partnerships with financial institutions position it as a strong contender in the fintech space. If central bank digital currency (CBDC) integrations or institutional adoption accelerates, XLM’s utility and price could see significant boosts.
However, analysts caution that reaching $1 in 2025 would require a confluence of factors: sustained market bullishness, a breakout above key resistance levels, and positive developments in Stellar’s ecosystem.
As Stellar navigates a turbulent market, all eyes are on its ability to break through the $0.25 – $0.262 resistance zone. A successful breakout could pave the way for a run toward $0.4 or higher, bringing $1 into view. Conversely, failure to hold support at $0.21 could see prices slide, testing investor resolve.
For now, XLM remains a speculative asset with high volatility – 7.91% over the past 30 days – and mixed market signals. Investors are advised to conduct thorough research and approach XLM with realistic expectations. While the $1 dream is alive, it hinges on both technical breakouts and broader market dynamics.
Also read: Ethereum Price Prediction: ETH Hits $1800, Is $2k Next?