Stellar (XLM) Eyes Potential Upside to $0.57–$0.65 as Key Support Holds Above $0.3788

• XLM surged by 100% from $0.227, reaching $0.4746 resistance, with analysts targeting $0.57–$0.65 on bullish continuation.

• Key support at $0.3788 holds, while a drop below could test $0.30–$0.25; long-term support is at $0.127–$0.1587.

• Stellar adoption grows with 9.69M enterprise wallets, $150M TVL, and 5K+ new institutional addresses added daily.

Stellar (XLM) is showing strong market performance, with analysts urging investors to monitor key support levels. Learn more about XLM’s growth and potential.

What is Stellar (XLM)?

Stellar (XLM) is a decentralized cryptocurrency designed to facilitate cross-border transactions. Recently, it has gained traction, achieving a notable price increase from $0.227 to $0.4746, indicating strong market interest and potential for further growth.

How Does Stellar’s Adoption Impact Its Price?

Stellar’s adoption metrics are impressive, with 9.69 million enterprise wallets and a total value locked (TVL) of $150 million. The network is adding over 5,000 institutional addresses daily, reflecting increasing institutional interest and activity in the Stellar ecosystem.

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