 
 
Stellar’s (XLM) weekly rally showcases a powerful blend of bullish sentiment and strong technical momentum.
Market analyst Crypto Andy noted that Stellar (XLM) jumped 16% this week, fueled by XRP’s explosive rebound after the Ripple vs. SEC case ended.
The rally underscores how regulatory clarity for a major payments crypto asset can swiftly boost related networks, and traders were quick to act.
Crypto Andy added, “Currently trading around $0.4460, XLM saw its volume spike by over 239%, signaling strong investor interest and potential for further price gains.”
According to CoinMarketCap data, XLM surged 16% this week, with volume spiking as buyers challenged key resistance near past consolidation zones.
 
Therefore, analysts note bullish RSI readings and supportive moving averages, signaling strong but early momentum that could fuel further gains or trigger pullbacks if profit-taking sets in.
For instance, renowned analyst Tom Tucker highlighted XLM’s bullish double bottom and golden cross pattern, a setup that could spark its next upward leg.
Why does Stellar usually ride on XRP’s wave?
Stellar often rides XRP’s momentum because both projects share roots and are closely tied to market perception.
For instance, Stellar was co-founded in 2014 by Jed McCaleb, who was also a co-founder of Ripple, the company behind XRP. This shared origin keeps the two closely linked in investors’ minds.
Furthermore, XRP and XLM both target fast, low-cost cross-border payments, so bullish sentiment or regulatory wins for one often lift the other as traders bet on shared market gains.
Source: https://zycrypto.com/stellar-xlm-rockets-16-as-volume-explodes-riding-ripples-xrp-bull-wave-after-sec-win/