Stellar (XLM) Bull Flag Targets 72.91% Price Surge Above $0.38

Stellar (XLM) is exhibiting strong technical indicators that suggest a potential breakout in the near future. A classic bull flag pattern has emerged on the daily price chart, characterized by two descending parallel trendlines following a sharp upward movement [1]. This consolidation phase is seen as a precursor to renewed bullish momentum. Technical analyst Carl Moon has highlighted the formation of the bull flag and noted that a breakout above the upper trendline could push the price toward $0.70 [2], a 72.91% increase from the current level of approximately $0.38.

The pattern is widely recognized in technical analysis as a continuation signal, meaning that the price is likely to continue in the direction of the previous trend after a period of consolidation [3]. Given the current structure, investors and traders are closely monitoring key resistance levels for signs of a breakout.

In addition to the technical setup, Stellar is gaining traction through institutional partnerships that could enhance its adoption and use cases. The Stellar Development Foundation recently announced that Marketnode’s Gateway now supports the Stellar network, significantly expanding the project’s reach in the Asia-Pacific region [4]. This move aligns with growing institutional interest in digital assets, with 90% of institutional investors in the region actively exploring blockchain-based solutions [5].

Further reinforcing Stellar’s institutional credibility, the partnership with Marketnode—backed by Euroclear—signals that Stellar may now be operable within the SWIFT ecosystem. This is notable because Euroclear and the DTCC process transactions through SWIFT, which could imply broader institutional acceptance of Stellar for cross-border and settlement purposes [6]. Additionally, Stellar is reportedly built on DTCC infrastructure, further solidifying its potential role in enterprise finance systems.

Another key development is the integration of the Stellar network into Visa’s global stablecoin payment platform [7]. This makes Stellar unique in the stablecoin space, as it is the only ledger within the system that does not rely on a proof-of-stake consensus mechanism. The network’s distinct consensus model, combined with its growing institutional footprint and positive technical outlook, positions it as a compelling player in the cross-border transaction sector.

Source:

[1] Stellar (XLM) Bull Flag Hints at 72% Breakout Potential (https://coinmarketcap.com/community/articles/689352d1eb2f700e7db85b4f/)