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Stellar Growth Puts XLM Price in Focus as Technical Setup Signals Potential Move

Stellar Growth Puts XLM Price in Focus as Technical Setup Signals Potential Move

Photo: TronWeekly

Stellar has reported growth in stablecoin activity, tokenized assets, and developer participation in its third-quarter report ahead of Meridian. The network also highlighted new Tier 1 validators, two protocol upgrades, and 99.99% uptime. Meanwhile, the XLM price is trading near $0.176 as crypto analyst Crypto With Gopal identifies a falling wedge pattern. A breakout above $0.180 could support a recovery toward $0.190, while $0.220 remains a broader upside target if bullish momentum strengthens. According to Stellar’s Q3 report, stablecoin volume increased 121% quarter over quarter, while real-world assets (RWAs) on the network reached $4.1 billion.

Source: TronWeekly

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