• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XLM Price Surge and Record Highs in DeFi

user avatar

by Giorgi Kostiuk

6 hours ago


The price of Stellar Lumens (XLM) has surged, moving above a key resistance level. This rise is fueled by increasing interest in decentralized finance and stablecoins.

Price Rally of XLM

XLM rose to $0.30, its highest level since May 23, and 35% above the lowest point in June. Stellar's market capitalization has jumped to nearly $9 billion.

DeFi Dynamics in Stellar

According to DeFi Llama data, the total value locked in Stellar's decentralized finance has soared to a record high of $98 million. This is a significant growth from $50 million at the beginning of the year. Including Franklin Templeton's tokenized fund, Stellar's TVL has exceeded $543 million.

Technical Analysis of XLM Price

On the daily timeframe, the XLM price formed a double-bottom pattern at $0.2170 in April and June, with a neckline at $0.3323, its highest level in June. Furthermore, Stellar has moved above the upper side of the descending channel, indicating bullish momentum. Key levels to watch include $0.3323 and $0.4247.

The overall rise in XLM price and DeFi assets on the Stellar platform indicates growing popularity of this cryptocurrency and strengthens investor confidence in its future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Prospects of Solana and Success of Mutuum Finance in DeFi

chest

Solana is gaining momentum, approaching the $180 mark, while Mutuum Finance is successfully conducting its presale.

user avatarGiorgi Kostiuk

ChainCatcher Hosts Discussion on AI and Cryptocurrency Trends

chest

The ChainCatcher event focused on the synergy between AI and cryptocurrency, market impacts, and future trends.

user avatarGiorgi Kostiuk

DeFi Development Corp Makes Significant Purchase of Solana, Highlighting Institutional Interest

chest

DeFi Development Corp has acquired 153,225 Solana tokens, indicating a growing interest from institutional investors in this asset.

user avatarGiorgi Kostiuk

Cryptocurrency Market: Bitcoin Sets Record, Ethereum Approaches $3,000

chest

The cryptocurrency market shows significant growth. Bitcoin reaches a record high while other altcoins also post strong results.

user avatarGiorgi Kostiuk

BTC Bull Token set to launch while BlockDAG partners with Seattle Orcas

chest

The BTC Bull Token is preparing to launch, and BlockDAG has formed a significant partnership with Seattle Orcas, enhancing its market position.

user avatarGiorgi Kostiuk

GameSquare Acquires 1,818.84 ETH for $5 Million, Strengthening Its Position in the Crypto Industry

chest

GameSquare announces the purchase of 1,818.84 ETH for $5 million, highlighting the growing interest in corporate investments in digital assets.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.