XLM Price Update and Market Insights
Stellar (XLM) is currently trading at $0.4895, showing a 3.6% rise over the past 24 hours and a 4.3% gain over the last week. Its market capitalization stands at $15.09 billion, placing it at number 12 in global crypto rankings.
Looking ahead, Stellar is preparing for a major upgrade—Protocol 23—set to launch on August 14, 2025. This update is expected to deliver key performance improvements and bring smart contract capabilities to the network, paving the way for more advanced decentralized applications.
On the institutional front, firms like Franklin Templeton and Circle have moved over $500 million in U.S. Treasury assets onto the Stellar blockchain. This is a significant move toward integrating real-world financial instruments with blockchain technology.
In another major development, PayPal has launched its PYUSD stablecoin on the Stellar network. This partnership aims to strengthen global payment solutions, particularly in areas like cross-border remittances and finance.
Analysts are optimistic about XLM’s price outlook. Some predict the token could climb to $0.38, or even $0.35 in the near term, based on technical momentum and growing adoption. Sentiment in the community remains strong, with about 96% showing a positive outlook. A rare technical indicator known as the “Golden Cross” is also on the radar, often seen as a sign of potential upward movement.
Other key metrics:
24-hour trading volume: $910 million
Circulating supply: 31.12 billion XLM
Total supply: 50 billion XLM
Fully diluted valuation: $24.25 billion
Stay tuned for more updates.