Why is Stellar (XLM) Price up?

Stellar (XLM) is on fire! In just 24 hours, it skyrocketed to a stunning six-month high, hitting $0.195. This sudden surge has grabbed the spotlight in the crypto world, leaving investors wondering what’s fueling this impressive jump. Let’s take a closer look at what’s driving XLM price prediction and what it means for its future.

How has the Stellar (XLM) Price Moved Recently?

Stellar (XLM) is currently priced at $0.195, with a 24-hour trading volume of $4.61 billion, a market capitalization of $5.76 billion, and a market dominance of 0.19%. Over the past 24 hours, XLM's price has surged by an impressive 32.82%.

The highest price Stellar ever reached was $0.930121 on January 4, 2018, while its lowest was $0.001227 on November 18, 2014. Since hitting its all-time high, the lowest price it dropped to was $0.02766, known as the cycle low. The highest price since that cycle low was $0.796465. Current market sentiment for Stellar is bullish, with the Fear & Greed Index indicating "Extreme Greed" at a level of 90.

Stellar’s circulating supply stands at 29.90 billion XLM, out of a maximum supply of 50 billion XLM. The annual supply inflation rate is 6.83%, which means 1.91 billion XLM tokens were added over the past year.

XLM Price Prediction: Why is Stellar (XLM) Price up?

If you’ve been keeping an eye on Stellar (XLM), you’ll know it’s been making some serious moves lately, climbing to a six-month high. But what’s behind this sudden surge? Well, it’s a mix of exciting partnerships, ecosystem growth, and a sprinkle of speculation that’s got everyone talking.

The buzz around Stellar price isn’t just hype—there’s real momentum coming from partnerships with major players like Mastercard and Franklin Templeton. Mastercard is leveraging Stellar’s blockchain in its Crypto Credential solution, giving Stellar a massive credibility boost. And Franklin Templeton? They’ve announced plans to use Stellar to manage $1.7 trillion worth of assets. Yep, you read that right—trillion with a "T."

Why is this a big deal? It shows that Stellar isn’t just another blockchain project—it’s solving real-world problems. Franklin Templeton is betting on Stellar to save costs and make their asset transfers faster and more efficient. For Stellar, this is huge. It’s not just about being in the spotlight—it’s about proving its technology can handle big-league demands.

Now here’s where things get even more interesting. Jed McCaleb, Stellar’s co-founder, also happens to be the CEO of a space tech company called Vast. And guess who he’s worked with before? Elon Musk. Naturally, this connection has sparked speculation about potential collaborations between Stellar, Vast, and SpaceX. Imagine blockchain technology and space innovation coming together—it’s enough to fire up anyone’s imagination.

While there’s no official word on this yet, the mere possibility has fueled excitement in the crypto community. Add to that Musk’s vision of creating a unified payments system for the global financial world, and you’ve got plenty of reasons why people are keeping a close watch on Stellar.

The market sentiment around Stellar price is overwhelmingly positive right now, with the Fear & Greed Index sitting firmly in “Extreme Greed.” Analysts are even hinting at a potential 28% rally on the horizon. With real-world use cases like Franklin Templeton’s adoption and the speculative buzz around space tech, Stellar has a lot going for it.

Of course, no price rally is guaranteed, and the crypto market is as unpredictable as ever. But with strong fundamentals and growing adoption, Stellar seems to be on a solid path for sustained growth. Whether it’s in finance or possibly even space, XLM is showing it’s a cryptocurrency to watch.

How high can the Stellar (XLM) Price Go?

Stellar (XLM) has been making notable progress in the crypto market, showing strong signs of recovery and growth. With a price increase of 63% over the last year and trading above the 200-day simple moving average (SMA), Stellar has demonstrated resilience and potential for further upside. However, its trajectory depends on a mix of market conditions, adoption, and competition.

Stellar’s ability to maintain 19 green days out of the last 30 (63%) is a clear indicator of bullish momentum. The fact that XLM price is trading above its 200-day SMA also adds a layer of confidence, as this technical indicator often signals a long-term bullish trend. High liquidity, supported by its market cap, further underscores its stability and appeal to traders, making it less susceptible to sharp, erratic price swings.

Despite being outperformed by 56% of the top 100 crypto assets in the past year, Stellar’s year-over-year growth still places it among the better-performing assets. However, Bitcoin continues to overshadow Stellar, reflecting the ongoing dominance of larger, more established cryptocurrencies in attracting investor confidence.

XLM price is currently down 79% from its all-time high of $0.93, set in January 2018. This gap indicates a significant uphill climb to reclaim its previous peak. While the market conditions are improving, reaching such heights would require sustained growth, broader adoption, and a favorable macroeconomic environment.

One potential obstacle is Stellar’s yearly inflation rate of 6.83%, which adds 1.91 billion XLM to the circulating supply annually. This creates downward pressure on the price unless demand outpaces the increasing supply. For Stellar to achieve higher price levels, it must maintain strong adoption rates, as seen with Franklin Templeton and Mastercard, while also attracting new use cases and institutional interest.

If the current momentum continues and institutional adoption grows, XLM could realistically target the $0.30–$0.40 range in the medium term. This would represent a significant increase from its current price, aligning with its past growth rates and market sentiment.

For Stellar to approach or surpass its all-time high, the crypto market would likely need a strong bull run akin to 2021, coupled with further validation of Stellar’s role in global financial systems. Additionally, speculative factors like potential partnerships or integration with high-profile entities (e.g., SpaceX or Musk-led initiatives) could act as catalysts for explosive growth.

So, Stellar’s price growth potential remains tied to both technical indicators and fundamental developments within its ecosystem. While challenges like inflation and competition persist, its current trajectory suggests the possibility of steady gains, with the long-term outlook dependent on continued adoption and market dynamics.