XLM Crypto Price Breakout: Stellar (XLM) Surges as TVL Hits $97.7M – Next Target $0.284?
2025-07-09 07:39:50Stellar (XLM) Eyes Major Breakout as TVL and Stablecoin Activity Surge: Can It Outshine BlockDAG and BNB?
The cryptocurrency market is buzzing with activity as Stellar (XLM) shows strong signs of a bullish breakout, backed by a surge in Total Value Locked (TVL) and increased stablecoin transactions. Meanwhile, BlockDAG’s presale success and Binance Coin’s (BNB) rally add fuel to the competitive landscape. Will XLM’s technical setup propel it to new highs, or will newer projects steal the spotlight?
Stellar’s Bullish Momentum: Key Drivers
Stellar Lumens (XLM) has captured traders’ attention with a notable price uptick, currently trading at $0.247, up 8% in the past 24 hours (FXStreet, July 9, 2025). The rally comes as Stellar’s TVL reaches a record $97.7 million, signaling growing DeFi adoption on the network. Additionally, stablecoin activity has surged, with USDC and other dollar-pegged assets driving transaction volume.
Technical indicators suggest further upside potential. Analysts highlight a breakout from a descending wedge pattern, a classic bullish reversal signal. According to FXLeaders (July 9, 2025), the next key resistance level sits at $0.284, a 15% jump from current prices. If buying pressure continues, XLM could retest its yearly high of $0.32.
BlockDAG’s Presale Dominance and BNB’s Rally: A Competitive Landscape
While Stellar gains momentum, BlockDAG’s presale has surpassed $333 million, fueled by its innovative referral rewards and global marketing push (MSN, July 9, 2025). The project’s emphasis on scalability via Directed Acyclic Graph (DAG) technology has drawn comparisons to early Ethereum and Solana hype.
Binance Coin (BNB) is also in the spotlight, rallying 12% this week amid renewed interest in the Binance ecosystem. However, some analysts caution that BNB’s gains may be overextended, leaving room for altcoins like XLM to capitalize.
Expert Insights: Stellar’s Long-Term Potential
Market watchers remain optimistic about Stellar’s fundamentals. Blockchain Magazine (July 9, 2025) notes that XLM’s low transaction fees and focus on cross-border payments position it well against rivals like Ripple (XRP). The recent rise in TVL also indicates that developers are increasingly building on the Stellar network, a key metric for sustained growth.
“Stellar’s technical breakout is supported by real-world utility,” says Maria Lopez, senior analyst at CryptoEconomy. “If the network continues attracting stablecoin projects and DeFi protocols, XLM could emerge as a top-20 contender by market cap.”
Market Outlook: Will XLM Sustain Its Rally?
The immediate focus is on whether XLM can hold above $0.24, a critical support level. A drop below this zone could trigger profit-taking, while consolidation above it may pave the way for a run toward $0.28. Traders are also watching Bitcoin’s price action, as a broader market rally would likely benefit altcoins like XLM.
Long-term, Stellar’s success hinges on adoption. With stablecoin issuers and payment providers increasingly leveraging its blockchain, XLM’s utility-driven approach could differentiate it from speculative tokens.
Join the Discussion
Is Stellar’s breakout the start of a sustained uptrend, or will BlockDAG and BNB dominate the next market cycle? Share your thoughts on our X.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.
Sources:
Crypto Economy: "BlockDAG’s Referral Rewards and Massive Presale Lead Over Binance Coin’s Rally, Stellar’s Setup"
Blockchain Magazine: "Stellar Lumens (XLM) Crypto Price Eyes Breakout as Technical Indicators Align"
FXStreet: "Stellar Price Prediction: XLM Bulls Take Charge as Total Value Locked and Stablecoin Activity Rise"
MSN: "BlockDAG’s Global Launch Release Drives Presale to $333M; XLM Technical Analysis Shows Weakness While Hype Price Hits $40"
FXLeaders: "Stellar (XLM) Breaks Out as TVL Hits $97.7M – Is $0.284 the Next Target?"