Stellar (XLM) Has Suddenly Roared Back to Life, Recording a 35% Price Surge in Just 48 Hours

Unlike many abrupt crypto rallies driven by speculation or social media buzz, this recent movement appears to have a solid foundation. The price increase is being fueled by rising on-chain activity and growing real-world demand for Stellar's core services

Stellar (XLM) has suddenly roared back to life, recording an impressive 35% price surge in just 48 hours. Unlike many abrupt crypto rallies driven by speculation or social media buzz, this recent movement appears to have a solid foundation. The price increase is being fueled by rising on-chain activity and growing real-world demand for Stellar’s core services, particularly in the realm of cross-border financial transactions.

This sets Stellar apart from other cryptocurrencies, which are often subject to rapid and unpredictable price swings. Stellar’s measured growth and technical strength are also evident in the converging moving averages and the RSI remaining in neutral territory.

At the same time, XRP, another cryptocurrency frequently linked to cross-border payments, has faced difficulties breaking out of a descending channel despite months of attempts. This persistent struggle to overcome key resistance levels and the external pressures, such as the ongoing legal battle with the U.S. Securities and Exchange Commission, have contributed to XRP’s price movement.

In contrast, Stellar’s relative outperformance in recent weeks has interested traders seeking a more stable altcoin. The current price rally appears to be driven not by hype, but by real-world applications and usage. If this trend continues, and Stellar maintains or even increases its network activity, it could outperform XRP and other competitors over the medium term.

As traders focus on the next levels to watch, a daily close above the $0.29 resistance could open the door for a move toward $0.34. On the downside, failure to hold support at $0.27 could result in a pullback to the 200-day moving average around $0.26. Still, as long as the broader crypto market remains optimistic and Stellar’s network usage continues to rise, there is a strong case for continued growth.

In a market often ruled by speculation, Stellar’s recent gains stand out for their underlying strength. The surge in XLM’s price seems to reflect a broader return of interest in blockchain technology with real utility.