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Stellar Price Nears Breakout as XLM Bulls Target 35% Upside

Stellar Price Nears Breakout as XLM Bulls Target 35% Upside

CoinpediaCoinpedia2026/07/16 19:33
By:Coinpedia
Story Highlights
  • XLM price gains nearly 3% as a tightening breakout pattern puts the $0.20 resistance in focus.

  • Stellar’s stablecoin supply has surged 295% over the past two years, reflecting accelerating network adoption.

  • A confirmed breakout could pave the way for a rally toward the $0.25 resistance zone.

Stellar (XLM) is back on traders’ watchlists after climbing nearly 3% over the past 24 hours, but the real story lies beyond today’s price gain. While Bitcoin continues lifting the broader crypto market, XLM has quietly built one of its strongest technical setups in months. At the same time, Stellar’s on-chain ecosystem has continued expanding, giving bulls a fresh fundamental tailwind. With price now pressing against a critical resistance zone after weeks of consolidation, traders are watching whether the token is finally ready to break out and begin its next leg higher.

Stellar’s Network Growth Is Beginning to Back the Price Story

While XLM price has largely traded sideways over recent months, activity across the Stellar ecosystem has continued moving in the opposite direction. According to recent DeFiLlama data highlighted by BSC News, Stellar’s stablecoin supply has expanded 295% over the past two years, increasing from roughly $221 million in July 2024 to more than $827 million today. The network has also climbed to become the 14th-largest stablecoin ecosystem, overtaking several newer blockchain networks.

Stellar's stablecoin supply has grown +295% in two years…

Two years ago, on July 15th 2024, @StellarOrg's stablecoin market cap stood at $220.99M .

Today, that figure stands at $827.53M, per DefiLlama data, working out to a roughly 3x surge in the space of 24 months.$XLM is… pic.twitter.com/ekTE9MPbA0

— BSCN (@BSCNews) July 16, 2026

The numbers highlight a broader trend. More stablecoin liquidity generally translates into greater transaction activity, improving network usage and stronger capital flows across the ecosystem. Although those metrics rarely trigger immediate price rallies, they often strengthen investor confidence and create a healthier foundation once technical momentum begins to improve. For XLM, that shift is becoming increasingly relevant as price approaches a breakout level that has repeatedly rejected buyers over the past several weeks.

XLM Price Is Reaching a Make-or-Break Moment

XLM continues trading inside a well-defined ascending triangle, with buyers steadily pushing the lows higher while sellers defend the $0.20 resistance zone. Every pullback has been met with renewed buying interest, suggesting demand continues building beneath the surface rather than fading. More importantly, the repeated tests of resistance indicate sellers are gradually losing control. Instead of producing sharp rejections, each attempt has left price consolidating closer to the breakout level.

Stellar Price Nears Breakout as XLM Bulls Target 35% Upside image 0

The RSI remains close to neutral territory, giving the rally room to extend without entering overbought conditions, while trading volumes have remained relatively stable throughout the consolidation. Together, those signals suggest the current move is developing through steady accumulation rather than short-lived speculative buying. With volatility continuing to compress, the token is approaching the stage where a decisive move in either direction becomes increasingly likely.

Can Stellar Price Rally 35% Next?

The next major trigger remains a daily close above $0.20-$0.205. If buyers successfully reclaim that resistance, the breakout could accelerate toward $0.22 before targeting the broader supply zone around $0.25-$0.26. From current levels, that represents approximately 35% upside and would confirm the completion of the multi-week continuation pattern.

However, if buyers once again fail to overcome resistance, XLM could remain locked inside its current range. Initial support sits near the rising trendline around $0.18, while stronger buying demand is expected between $0.16 and $0.17 if a deeper pullback unfolds.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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