XLM has quietly caught the attention of institutions, is the next breakout point coming?
Don’t just focus on hot coins for short-term trading; savvy investors have quietly shifted their gaze towards Stellar (XLM).
On-chain data shows that in the past 90 days, the number of large wallets holding millions of XLM has surged by 37%. These are not retail investors trading for quick gains; they are funds and family offices seriously increasing their positions. Retail investors look for quick returns, while institutions look at the long term, and this trend has begun to unfold.
Meanwhile, the activity on the smart and friendly platform Sorabon on XLM has increased sevenfold, with various DeFi, liquidity pools, and tokenized assets joining in, making the infrastructure increasingly resemble an enterprise-level foundation.
Even more astonishing is that in the EON token transfers within the Stellar ecosystem, 64% involve interactions between institutional wallets. XLM is evolving from a 'speculative coin' to a 'settlement layer'.
Furthermore, with partnerships with global giants like Visa, Circle, and Franklin, XLM's corporate attributes are becoming more pronounced. With a total circulation of just 24.7 billion and a slowdown in issuance, it has a clear scarcity.
In the short term, it may not be very lively; but in the medium to long term, it could be the next 'giant story' written into reality.