Stellar (XLM) Blasts Off: USDC Activity Fuels $1 Dreams!#
Stellar (XLM) is back in the spotlight, with its price surging and whispers of a $1 target growing louder. Why the excitement? The network is experiencing a massive jump in utility, particularly with USDC transactions.
Recent data shows a 53% increase in USDC adjusted transaction volume on Stellar over the last 30 days, exceeding $1.6 billion! This isn't just hype; it's a testament to Stellar's real-world use for fast, low-cost stablecoin transfers.
Coupled with the accelerating adoption of the Soroban smart contract platform and anticipation around the Protocol 23 upgrade (slated for an August 14, 2025 vote), Stellar's ecosystem is expanding rapidly. Institutional interest is also on the rise, with major players recognizing Stellar's potential for cross-border payments.
While XLM currently trades around $0.40 - $0.70, the surging network activity and robust development paint a bullish picture. Could 2025 be the year XLM finally hits that elusive $1 mark? Many analysts believe the stars are aligning. Keep Stellar on your radar!