🔥 Why is XLM Going Up Fast?
After being quiet for many months, Stellar (XLM) has suddenly jumped by 11% in one day, going from $0.30 to almost $0.40. This has surprised many traders.
💡 What’s Causing the Price Pump?
1. New Upgrade Coming: A big update called Protocol 23 is coming in August 2025.
2. Smart Contracts Added: This update will let Stellar run smart contracts (like Ethereum), thanks to a new system called Soroban.
3. More Use Cases: Now, Stellar can do more than just send money – it can support apps like DeFi (decentralized finance), NFTs, and more.
4. Investor Excitement: Because of these changes, many people are buying XLM again, including big investors.
📊 What Does the Chart Say?
XLM broke through a strong resistance level.
Price is around $0.38–$0.40 now.
The chart candles show strong buying pressure.
RSI (a technical indicator) is very high, which means the price may be overbought, but it could also keep going up for a while.
🎯 How High Could It Go?
If the momentum continues, XLM might go up to:
$0.445
$0.495
Even possibly $0.50 in the next 2–3 weeks
But if it drops, it might fall to:
$0.345 (minor support)
$0.306–$0.290 (stronger support)
🤔 Should You Buy Now?
Short-term traders might sell around $0.45–$0.50 for profit.
New buyers should wait for a dip near $0.31–$0.34 for better safety.
Long-term holders may aim for higher targets if the price stays strong.
💼 Where to Buy?
OKX is a good exchange to buy XLM. Right now, they have a special offer for new users in Europe: