Could XLM Be Poised for a Major Breakout? Could XLM Be Poised for a Major Breakout?

Could XLM Be Poised for a Major Breakout?

Stellar (XLM) is fast approaching a major milestone as the network closes in on 10 million accounts, fueled by a surge of institutional adoption. Current figures show 9.69 million active wallets, with an impressive 5,000-6,000 new addresses joining daily.

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This growth reflects more than retail speculation as it signals meaningful enterprise adoption in payments, tokenized deposits, and cross-border transactions.

Unlike different hyped assets, Stellar has quietly built its reputation as a trusted blockchain solution. The network’s focus on compliance and financial-grade use cases is drawing banks, fintech firms, and remittance providers.

With over $150 million in total value locked and consistent wallet creation, Stellar is showing signs of steady, sustainable growth that could lay the groundwork for a major price rally.

Why Institutions Are Going Big on Stellar

Institutional money is playing a key role in Stellar’s momentum. From partnerships with MoneyGram and Circle to recent pilots with central banks and fintechs like VersaBank, XLM is becoming a practical tool for global finance.

VersaBank, for example, has begun testing tokenized deposits (USDVB) on Stellar alongside Ethereum and Algorand, mirroring confidence in Stellar’s scalability and compliance.

This steady inflow of enterprise adoption is critical. Unlike retail-driven spikes, institutional backing provides consistent liquidity and long-term confidence.

Analysts suggest that the growth of network growth and enterprise demand could act as the spark for XLM’s next breakout, especially if it pushes past psychological resistance at $0.50.

XLM Price Forecast: $0.48 to $0.57 in Sight

Currently Stellar trades around $0.38, hovering near its key support levels. Technical indicators suggest the cryptocurrency is preparing for a bullish reversal. The Relative Strength Index (RSI) sits in neutral territory, while narrowing MACD patterns hint at fading bearish momentum.

XLM's price moving sideways on the daily chart. Source: XLMUSD on Tradingview

Analysts project short-term targets between $0.42 and $0.44, with a medium-term breakout toward $0.48–$0.57 by late September. If XLM clears resistance at $0.50, institutional demand could push the price higher, with some models pointing to the $0.60–$0.77 range as the next major battleground.

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However, failure to hold above $0.37 could expose Stellar to a deeper pullback toward $0.29. For now, the bullish case outweighs the bearish scenario, and with Stellar nearing 10 million accounts, many traders see this as a defining moment for XLM’s long-term trajectory.

Cover image from ChatGPT, XLMUSD chart from Tradingview

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James Halver

https://www.newsbtc.com/analysis/xlm/stellar-nears-10m-accounts-as-institutions-pile-in-could-xlm-be-poised-for-a-major-breakout/

2025-08-29 02:00:00

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