Stellar (XLM) Surges 104% as Golden Cross Pattern Forms

Stellar (XLM) has recently gained significant attention due to its impressive price surge and the formation of a rare golden cross pattern. The price of XLM has increased by over 104% since the beginning of July, rising from approximately $0.222 to above $0.52. This surge has placed XLM among the top-performing altcoins for the month.

A golden cross, which occurs when the 50-day moving average crosses over the 200-day moving average, is currently forming on the daily chart. The 50-day simple moving average (SMA) is at $0.297 and is rapidly approaching the 200-day SMA, which is at $0.31. This technical indicator is widely regarded as a strong bullish signal and could mark the beginning of a long-term upward trend. The last time Stellar experienced this pattern was in December 2024, which triggered a price rally with a high of $0.634.

The Stellar network is also contributing to the price momentum through development activity. Protocol 23, which includes eight new Core Advancement Proposals, is set to enhance the network's efficiency. These proposals were tested on the testnet on June 30, 2025, and a mainnet vote is scheduled for August 14, 2025. This development is expected to further boost investor confidence and drive the price of XLM higher.

In addition to the technical indicators, there is a steady increase in trading volume, which has supported the rising price pattern. Both retail and institutional investors are showing increased interest as the asset approaches key technical and fundamental milestones. According to legendary trader Peter Brandt, Stellar’s chart shows one of the strongest bullish formations among digital assets. He noted that for XLM to confirm a breakout, it should close confidently above $1.

Analysts believe that a confirmed golden cross, combined with robust buying pressure and ecosystem improvements, could propel the token to the $1 mark. This pattern is relatively rare and typically signals a prolonged price increase when accompanied by volume and investor confidence. With the golden cross imminent and ecosystem developments underway, a bullish push is gaining momentum. XLM is targeting a significant technical break in the coming days, and traders are closely monitoring the situation.

Stellar is positioned for a potential breakout as technical signals and network developments align. With momentum building and the $1 target in sight, market participants are preparing for what could be a defining moment in XLM’s 2025 rally. The recent surge in XLM mirrors the bullish momentum seen in other cryptocurrencies, with the price climbing from $0.10 to nearly $0.681. This rally has been driven by a combination of technical indicators and market sentiment, with bulls targeting the $1 level as the next significant resistance. The integration of PayPal's stablecoin and other positive developments in the Stellar ecosystem have also contributed to the bullish outlook.

According to analysts, the current structure of XLM shows strong accumulation, which is a positive sign for bulls. The open interest in XLM has hit record highs, indicating increased market participation and interest. This, coupled with the golden cross pattern, suggests that the price of XLM could continue to rise in the near future. However, it is important to note that the cryptocurrency market is highly volatile and unpredictable. While the technical indicators and market sentiment point to a bullish outlook for XLM, there is always a risk of price corrections and market reversals. Investors should exercise caution and conduct their own research before making any investment decisions.