In recent months, the price of Stellar (XLM) token has significantly increased, attracting the attention of investors and analysts. This article explores the reasons behind this surge and the project's future prospects.
Overview of XLM Price Dynamics
Over the past year, XLM's price increased by 355.3%. Despite a drop in the first half of 2025, where the token lost 20.7% in Q1 and another 9.62% in Q2, Q3 showed a sharp recovery with price doubling.
Key Upgrades and Partnerships of Stellar
Stellar is taking significant steps in its development:
- Protocol 23 upgrade, scheduled for a network vote on August 14, 2025, aims to enhance smart contract functionality. - Integration with PayPal's stablecoin PYUSD allows for low-cost international transfers. - THORWallet support facilitates ease of use for XLM in DeFi applications. - Aiming for up to 5,000 transactions per second enhances network scalability. - Franklin Templeton has tokenized over $445 million worth of U.S. Treasuries on the Stellar network.
Future of Stellar: Short-term and Long-term Predictions
Current indicators and charts show bullish signs for XLM, including a high Relative Strength Index (RSI) and the formation of patterns like an ascending triangle and cup-and-handle. While the RSI could indicate short-term correction, long-term trends look promising. Analysts point to a potential target of $7.20 if the price stays above $0.20 and breaks past the $1 level.
XLM's price growth and Stellar's recent achievements indicate potential for further network development. Investors should monitor short-term volatility, but long-term prospects for XLM appear promising.