Stellar (XLM) is facing pressure amid recent price declines, yet shows notable long-term achievements. An announcement of a partnership with PayPal may improve the project's standings.
Current Metrics for Stellar (XLM)
As of publication, Stellar (XLM) is priced at $0.2563, reflecting a 1.79% daily decline. However, the asset has increased by 163.01% over the past year, and 245.80% over the last five years. In the last month, XLM has dropped by 15.64%, while year-to-date it is down 22.80%, with a significant 40.44% drawdown over the past six months.
Stellar's Partnership with PayPal
Stellar has formed a partnership with PayPal to integrate the upcoming PYUSD stablecoin into its network. This collaboration aims to improve cross-border transactions by enabling low-cost, real-time transfers. The support for PYUSD on the Stellar platform is expected after regulatory approval.
Long-term Prospects for XLM
Despite current struggles, XLM shows signs of long-term resilience. Technically, the asset is approaching a critical support level near $0.25. Past attempts at consolidation and recovery at this level may indicate potential upcoming growth if the price can surpass the $0.27–$0.28 range.
The status of Stellar (XLM) remains under pressure, but long-term metrics and the new partnership with PayPal may contribute to future recovery. Investors are awaiting clarity on the launch of PYUSD and market reactions.
