With the recent resolution of the Ripple SEC lawsuit, Stellar (XLM) has seen a notable price increase, creating positive sentiment in the market and attracting investor interest.
Stellar (XLM) Price Surge
In the last seven days, Stellar's price rose by 16%, coinciding with XRP's growth following the lawsuit news. Currently, XLM is trading at $0.4594, up 10.87% from previous levels.
Bullish Signals for XLM
Trading volume for Stellar has increased by 239.16%, reaching $1.06 billion. This could indicate that traders are anticipating further price increases. The Relative Strength Index (RSI) for Stellar is at 62.86, also suggesting potential for further price growth before the asset becomes overbought.
Integration with Visa and Its Significance
Stellar has recently secured integration with Visa's stablecoin settlement platform. This integration could unlock new opportunities for Stellar's use in cross-border transactions and further support price growth.
Overall, the positive sentiments surrounding Stellar (XLM) may indicate its potential for growth, especially in light of recent events and strategic partnerships with major payment systems.
