BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Stellar’s Big Push: Is $XLM Poised for a New All-Time High?

Gary Ponce by Gary Ponce
December 17, 2024
in CRYPTO
Reading Time: 3 mins read
21
SHARES
356
VIEWS
Share on XShare in TelegramShare on Reddit
  • Rapid Price Growth: Stellar ($XLM) has experienced a significant 235% increase in price over the past year, driven by growing investor confidence and the token’s long-term potential.
  • Technical Analysis: Analysts are cautiously optimistic about Stellar’s future, with the $0.45-$0.50 range being a crucial support level. A successful breakout from this range could propel the price to new highs.
  • Strong Market Sentiment and Developments: Stellar’s growing user base, recent milestones like the launch of Build Better, and increasing institutional interest are contributing to a positive market sentiment and promising future outlook.

Stellar

Stellar ($XLM) is an open-source, decentralized blockchain network designed to enable fast, low-cost cross-border transactions and asset tokenization. Supported by the Stellar Development Foundation, a nonprofit organization, Stellar aims to drive financial inclusion by connecting global financial systems.

Price Movements

Currently, Stellar has a market cap of over $12.66 billion, with a price around $0.42. Over the past month, $XLM has surged approximately 90%, and in the past year, it has grown more than 235%, reflecting increased investor confidence and the token’s long-term potential.

Credit: CoinGecko

Technical Analysis

From a technical perspective, $XLM recently broke through a key resistance level at $0.55, though it has experienced a pullback. Analysts remain cautiously optimistic, noting fading volume but also highlighting whale accumulation as a positive sign. The $0.45-$0.50 range is considered crucial for a potential upward move, with analysts watching for a breakout and retest of these levels for support.

Market Sentiment and Developments

Investor sentiment around Stellar is improving, driven by recent positive developments. This is evident from Q3 metrics, which show Stellar reaching 9 million total addresses and processing $4.9 billion in transaction volume.

Moreover, in terms of developments, Stellar has launched Build Better, a platform designed to bridge the gap between the community and developers. This initiative aims to turn insights and ideas into actionable solutions, further strengthening Stellar’s ecosystem and fostering innovation. Overall, these milestones highlight Stellar’s growing potential, boosting investor confidence and positioning the network for continued growth.

Future Outlook

Looking ahead, Stellar’s expanding market position and the growing institutional interest are poised to drive further growth for $XLM, positioning it as a key player in the evolving blockchain space.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $XLMBuild BettercryptoStellarStellar Development Foundaton
Tweet5ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Solana Price at Critical $250 Breakout Zone — Will Bulls Push Higher or Crash Back to $230?
CRYPTO

Solana Price at Critical $250 Breakout Zone — Will Bulls Push Higher or Crash Back to $230?

September 18, 2025
Kraken Teams Up With Legion to Launch MiCA-Compliant Token Sales – Here’s What It Means for Crypto Investors
CRYPTO

Kraken Teams Up With Legion to Launch MiCA-Compliant Token Sales – Here’s What It Means for Crypto Investors

September 18, 2025
XRP and Dogecoin ETFs Launch in U.S. – Here’s Why Investors Are Watching Closely
CRYPTO

XRP and Dogecoin ETFs Launch in U.S. – Here’s Why Investors Are Watching Closely

September 18, 2025
Shibarium Hack: $4.1M Exploit Forces Bridge Shutdown – Here’s What You Need to Know
CRYPTO

Shibarium Hack: $4.1M Exploit Forces Bridge Shutdown – Here’s What You Need to Know

September 18, 2025
Dogecoin Breakout Alert: Can DOGE Really Soar 111% By September’s End? Here’s What You Need to Know
CRYPTO

Dogecoin Breakout Alert: Can DOGE Really Soar 111% By September’s End? Here’s What You Need to Know

September 18, 2025
Ripple CEO Drops Bombshell: XRP Could Join White House Crypto Stockpile and ETF Approval Soon
CRYPTO

Ripple CEO Drops Bombshell: XRP Could Join White House Crypto Stockpile and ETF Approval Soon

September 18, 2025
Load More

Related News

Solana Price at Critical $250 Breakout Zone — Will Bulls Push Higher or Crash Back to $230?

Solana Price at Critical $250 Breakout Zone — Will Bulls Push Higher or Crash Back to $230?

September 18, 2025
Kraken Teams Up With Legion to Launch MiCA-Compliant Token Sales – Here’s What It Means for Crypto Investors

Kraken Teams Up With Legion to Launch MiCA-Compliant Token Sales – Here’s What It Means for Crypto Investors

September 18, 2025
XRP and Dogecoin ETFs Launch in U.S. – Here’s Why Investors Are Watching Closely

XRP and Dogecoin ETFs Launch in U.S. – Here’s Why Investors Are Watching Closely

September 18, 2025
Shibarium Hack: $4.1M Exploit Forces Bridge Shutdown – Here’s What You Need to Know

Shibarium Hack: $4.1M Exploit Forces Bridge Shutdown – Here’s What You Need to Know

September 18, 2025
Ripple’s RLUSD Explodes 10x as DBS, SBI & Templeton Unveil Tokenized Yield System – Here’s What It Means for Investors

Ripple’s RLUSD Explodes 10x as DBS, SBI & Templeton Unveil Tokenized Yield System – Here’s What It Means for Investors

September 18, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews