XRP News Today: Stellar (XLM) Surges 62% in Week as XRP Rallies 19.61%

Stellar (XLM) has recently experienced a significant surge in value, driven by a combination of bullish market patterns and the rally of XRP. The cryptocurrency has seen a notable increase in its price, with reports indicating that XRP soared by 19.61% to $3.60. This surge in XRP has had a ripple effect on the broader cryptocurrency market, with Stellar (XLM) benefiting from the increased investor interest and bullish sentiment.

The recent rally in XLM has been particularly impressive, with the cryptocurrency surging by over 62% in the past week. This surge has far outpaced the gains made by XRP, with XLM now trading around $0.49, marking a year-to-year increase of over 365%. The rise in XLM's value is fueled by growing interest in the cryptocurrency, as well as the broader bullish sentiment in the market.

The technical chart for XLM points to an extended rally if bulls can overcome the $0.50 key psychological resistance. The cryptocurrency has seen a 17% surge in open interest (OI) over the last 24 hours, reaching $602.39 million. This spike in OI translates to increased capital inflow in the derivatives market, amid rising interest from traders. The bullish run in XLM has also resulted in a wipeout of $6.06 million in short positions in the last 24 hours, compared to $2.91 million in long positions, indicating a massive shakeout of bearish traders.

Veteran analyst Peter Brandt has noted two conditions for Stellar to enter a bull run. Brandt suggests a highly optimistic price target of $7.23 if XLM marks a decisive close above the $1.00 mark. However, he also warns that if XLM fails to hold above the April low at $0.20, it could further extend the range-bound movement. The cryptocurrency is currently facing opposition at the $0.50 psychological level, with a daily close above this level potentially extending the uptrend to the highest daily close of December at $0.56. Beyond this, bulls could target the 1.272% Fibonacci level at $0.72, drawn between the daily closes of December 1 at $0.56 and April 8 at $0.22.

The Moving Average Convergence/Divergence (MACD) and its signal line have surged higher in the positive territory, fueled by a surge in green histogram bars. This is considered a sign of increasing bullish momentum. The Relative Strength Index (RSI) reads 85, maintaining a sideways trend in the overbought zone amid extreme buying pressure. However, a reversal from the $0.50 level could result in a steeper correction in XLM to the 78.6% Fibonacci retracement level at $0.45.

At the same time, the crypto sector has just marked a significant political achievement. On July 18, 2025, President Donald Trump signed the GENIUS Act into law. This is a historical development of the first federal infrastructure to govern stablecoins in the country. The signing event was attended by high-profile crypto leaders. Indeed, the confidence of the market in the GENIUS Act increases significantly. The aptitude of Trump will mean more regulatory acceptance of cryptocurrencies in America. Such an open political support may have a favorable effect on the cryptocurrency prices in general. In case of Stellar, in particular, the move by Trump may give the price impetus even more. More transparent regulation will foster more investment in such cryptos as XLM. With increased confidence, the price of Stellar may continue to rise even more in future.

The growth in the price of Stellar is associated with the general upswing in the crypto market. The explosive recovery of XRP in recent times is a major boost to the interest in investment by investors in general. Stellar tends to replicate the performance of XRP and gets a facelift once XRP picks up in sheen. Investors in XLM are therefore looking forward to more upside in the future as XRP is their guide. The federal approval of the GENIUS Act also generates a favorable attitude towards the stablecoin adoption. This political legitimation is a measure that assures investors of clarity in terms of regulation of crypto markets in the future. Investors understand the potential of Stellar, and they find themselves in the frontline ready to take advantage of the potential further increase in the future. The present market trends are a clear indication that Stellar might experience a wave of further growth in the near future. With the rise of crypto acceptance, such assets as XLM will have even more significant growth.