$XLM

Stellar Price Eyes Bullish Breakout as Golden Cross Approaches.

● Stellar (XLM) has surged 104% since July, fueled by rising investor interest and ecosystem developments.

● A golden cross formation is expected soon as the 50-day average approaches the 200-day level.

● Protocol 23’s upcoming mainnet vote is drawing attention, reinforcing bullish momentum and ecosystem strength.

Stellar (XLM) has more than doubled in value since early July, climbing from $0.222 to above $0.52. The sharp rise marks a 104% increase and positions Stellar as one of the top-performing digital assets this month. This move has drawn attention across the cryptocurrency market, especially as the asset inches closer to forming a golden cross.

The current 50-day simple moving average of Stellar stands at $0.297 and is still on an upward trend. It is soon on the way to exceed the 200-day simple moving average, which stands at 0.31. When this crossover is achieved, it will create a golden cross. Market participants tend to perceive this trend as an indicator of ongoing bullish power. In the past, the latter have sustained uptrends on a long-term basis.

Previous Golden Cross Sparked Price Rally

Stellar last witnessed this technical indicator in December 2024. Following that signal, XLM reached a local high of $0.634. With strong upward momentum and growing trading volumes, similar conditions are emerging. Market analysts are watching this technical setup closely, with some suggesting it could push XLM closer to the $1 mark.

Alongside favorable chart patterns, Stellar’s ongoing development is playing a role in supporting price action. The network is preparing for the mainnet vote on Protocol 23, scheduled for August 14, 2025. This protocol includes eight Core Advancement Proposals (CAPs) and went live on testnet on June 30, 2025. Increased development activity and upcoming network changes are contributing to investor interest.#BNBBreaksATH #TrumpBitcoinEmpire #Write2Earn #ETHBreaks3700 #XLM $XLM