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XLM Highlights Potential in Cryptocurrency Market in July 2025

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by Giorgi Kostiuk

4 hours ago

XLM is attracting attention in the cryptocurrency market due to recent price surges and professional trader analyses.

Impact of XLM on the Cryptocurrency Market

The cryptocurrency market recently witnessed XLM capturing attention due to a surge in price from $0.09 to $0.63 in late 2024. The asset then consolidated, stabilizing around $0.47-$0.50.

Technical Analysis of XLM

Veteran trader Peter Brandt highlighted bullish technical indicators related to XLM. His views are regarded in the industry, contributing to the heightened interest in XLM.

Future of XLM and Its Ecosystem

XLM's performance has been linked to its circulating supply factors, where approximately 30 billion XLM remain, and significant burn actions have influenced market sentiment.

Peter Brandt's analysis may indicate the potential for further XLM growth in the future, with technical analysis factors and asset supply playing a crucial role in cryptocurrency market dynamics.

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