Visa has officially integrated the #Stellar network into its global stablecoin payment system, setting off a surge in market momentum. The move positions Stellar ($XLM ) as the only non-proof-of-stake DLT in Visa’s stablecoin platform—an institutional vote of confidence that fueled a 7.5% daily gain.
The reaction was fast. $XLM printed a sharp breakout from a well-formed bull flag on the hourly chart, pushing past local resistance with volume support. Traders locked onto $0.3968 as the critical support level, watching price climb toward the upper range of $0.4033—now the primary take-profit target for short-term setups.
This breakout didn’t happen in a vacuum. On August 2, Visa confirmed Stellar’s inclusion for real-time stablecoin settlements. That utility matters. It turns XLM from a speculative asset into a transactional engine for global payments. For many, this shifts the long-term value thesis.
The market had already been leaning bullish. July’s 68% surge reflected early positioning ahead of institutional adoption. That narrative deepened further when Franklin Templeton, through a $445 million tokenization of U.S. Treasuries, chose Stellar as the base layer for issuance, tying Stellar directly to traditional finance flows.
With the current structure holding firm, the $0.3968 zone now acts as the final defense for this trend. As long as that level holds, momentum favors bulls aiming for the $0.4033 zone. Beyond that, a clean break could extend toward the $0.45 handle, but volume and sentiment must align.
Source: TradingView
This week marks more than just a technical move. It signals Stellar’s shift into real-world utility, driven by legacy institutions adopting blockchain infrastructure they trust to scale. The chart supports the move, but the fundamentals are what may carry it forward.
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