Stellar (XLM) skyrockets 70% in a week
2025-07-16 13:35:43
Main Idea
Stellar (XLM) has surged 70% in a week, breaking the $0.40 price barrier, driven by technical factors and integration with PayPal's PYUSD stablecoin, while U.S. crypto bills highlight blockchain payment solutions.
Key Points
1. Stellar (XLM) rose 70% in a week, surpassing $0.40 and adding over $6 billion to its market cap.
2. At press time, XLM was trading at $0.4631, down 1% in the previous 24 hours.
3. A confirmed Elliott Wave breakout is identified as a key technical catalyst, with projections suggesting a rise to $0.799.
4. The surge is partly attributed to Stellar's integration with PayPal's PYUSD stablecoin.
5. High-profile crypto bills in the U.S. Congress are bringing blockchain-based payment solutions into focus.
Description
Stellar ( XLM ) has been on a run, skyrocketing 70% in a week to break the $0.40 price barrier and adding over $6 billion to its market cap. The upswing was backed by strong trading volume, signaling renewed interest among retail and institutional traders. Thanks to the record momentum, XLM became the second highest gainer among the top 100 cryptocurrencies by market cap during the same time frame, according to CoinMarketCap . At press time, XLM was trading at $0.4631, down 1% in the previous 24...
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- Stellar (XLM) skyrockets 70% in a week2025-07-16 13:35:43