
Stellar (XLM) has been making waves recently, with renewed activity and a surge in its real-world asset (RWA) market cap. Let's dive into what's driving these movements and what it could mean for XLM's price.
Stellar's RWA Market Cap Soars
As of July 7, 2025, Stellar's total value locked (TVL) in real-world assets reached $528.8 million, a 42% increase from the previous year. This growth is largely attributed to the BENJI asset, which accounts for a significant portion of the market cap. The rise in tokenized real-world assets indicates increasing institutional interest and asset issuance on the Stellar blockchain.
XLM Price Surges Amid Buyer Pressure
Recently, XLM's price broke past the $0.2506 mark, fueled by aggressive buyer interest. Technical charts show a symmetrical triangle formation, suggesting a potential breakout. If XLM confirms a breakout above the upper resistance of the triangle pattern, it may target previous resistance zones near $0.280 and $0.310. However, failure to break above could lead to a retest of support around $0.220.
Technical Analysis: Bullish or Bearish?
Earlier in July 2024, XLM had been in a downtrend, falling below key moving averages. However, it formed a double-bottom pattern, which often signals a bullish breakout. The Percentage Price Oscillator (PPO) also showed a bullish crossover. On the flip side, this double-bottom could also be interpreted as an inverse cup-and-handle, a bearish continuation pattern that could see XLM drop to $0.10 if it loses support at $0.2167.
Stablecoin Supply on Stellar
Stellar's network is gaining traction, evidenced by the surging stablecoin supply, which stands at over $630 million. Franklin nchain US Government Fund (FOBXX) holds the largest market share, followed by USD Coin (USDC). This growth in stablecoins further strengthens Stellar's position in the RWA industry.
Potential Price Targets
If XLM breaks out, analysts are eyeing potential moves toward $0.280 and $0.310. Keeping an eye on these levels will be crucial for traders and investors.
The Bottom Line
Stellar seems to be at a pivotal point. With increasing RWA activity and potential bullish patterns, XLM could be gearing up for a significant move. Of course, crypto is never a sure thing, so buckle up and enjoy the ride!
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