Recent price movements for Stellar (XLM) suggest potential for upward momentum, supported by both technical indicators and institutional deals.
Technical Signals Indicate Upside
The recent rally saw XLM’s MACD histogram flip positive at +0.0001397, while the Relative Strength Index (RSI) sits at 62.38. The $0.47 level has emerged as a key pivot point; a sustained daily close above it could transform it from resistance into strong support. Fibonacci extensions now suggest potential moves toward $0.56–$0.68 if buying momentum holds.
Visa and Marketnode Deals Enhance Adoption
Institutional interest is also fueling optimism. On August 11, 2025, Visa expanded its stablecoin settlement network to Stellar, paving the way for faster and cheaper cross-border transactions. Additionally, Marketnode — a joint venture between Singapore Exchange (SGX) and Standard Chartered — integrated Stellar for institutional asset tokenization across Asia-Pacific. With transaction finality in just 3–5 seconds and fees as low as $0.00001, Stellar’s infrastructure is well-positioned for enterprise-grade payment solutions. The Visa partnership could also accelerate adoption of PayPal’s PYUSD stablecoin on Stellar, strengthening XLM’s role as a liquidity bridge in global settlements.
Derivatives Market Points to Possible Short Squeeze
In derivatives markets, XLM futures open interest climbed 6.05% over the past 24 hours, with short positions clustered near $0.47. Liquidation heatmaps indicate that a push above $0.48 could trigger $4.09 million in buy-side liquidations, potentially accelerating the rally. However, failure to hold above $0.47 could see prices retreat toward support at $0.39–$0.41. Funding rates remain steady at +0.0245%, avoiding the excessive leverage seen in previous speculative surges.
If XLM can maintain momentum and close the month above $0.55, it could pave the way for even higher targets.
