- Stellar’s on-chain activity is spiking, with over 1.4M active addresses and $117M in futures open interest—hinting at a possible breakout.
- Technical indicators like RSI and ADX are flashing bullish signals, while price eyes a retest of the 200-day moving average at $0.27.
- XLM trades at $0.24, with support holding at $0.182; momentum may build if XRP also pushes upward.
Stellar’s price chart might be whispering something big’s about to happen. After weeks of grinding sideways, $XLM looks ready to break out—and recent data seems to back that up. We’re seeing some serious movement on-chain and in the futures market, which might just be signaling the calm before a bullish storm.
Surge in On-Chain Data Hints at a Shift
Here’s where things get interesting. Open interest in XLM futures has shot up—483.42 million XLM, to be exact. That’s around $117.68 million parked in anticipation of a move. This kind of buildup usually doesn’t happen unless traders are bracing for impact, one way or the other.
At the same time, the Stellar network is buzzing with activity. In the last month alone, over 1.4 million active addresses and 74 million transactions have been recorded. That puts Stellar among the top-performing networks in terms of raw activity—not bad for a project that’s often overlooked in the headlines.
Technicals Starting to Lean Bullish
Now, looking at the charts, some indicators are starting to flash green. The RSI has crept up to 63.42—not quite overbought, but definitely showing growing buying pressure. And the Directional Movement Index (DMI)? That’s painting a pretty confident picture, with the ADX climbing above 30, which usually means a trend is getting stronger.
All of this together could mean that XLM is gearing up for a pretty solid breakout… if it can keep the momentum going.
XLM Price Analysis – Where to Next?
As of now, XLM is trading around $0.24—nothing crazy on the surface (+0.33% in the past 24 hours), but the setup beneath the hood tells a different story.
Price seems to have bounced off solid support at $0.182. This base has held strong for a bit now, which is exactly the kind of foundation you want when you’re looking for a breakout. Traders are now watching that 200-day moving average like hawks, sitting just above current price action around the $0.27 zone.
If XLM can punch through that level? Well, then we might finally be looking at a proper recovery for Stellar.
That said… a lot might ride on what XRP does next. The two assets often move in sync, and with XRP managing to sidestep the worst of the recent crash, a breakout there could spill over and push XLM up too.
Final Thoughts
While Stellar fans are staying cautiously optimistic, some early-bird investors are already eyeing new opportunities—like a hyped AI-meme coin that’s been quietly gaining traction. But for now, all eyes are on XLM and whether it can finally break free from this long, slow consolidation.
If the stars align—and a few indicators say they just might—we could be in for a strong move.
