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- Stellar (XLM) tests $0.39 support with September set to determine a rebound or deeper drop.
- Stellar expands with Archax investment and NEAR Protocol integration.
- Analysts eye $0.55 upside if support holds, or $0.32–$0.34 demand zone if it breaks.
Stellar (XLM) is under heavy pressure as the altcoin tests a critical support level at $0.39. Analysts warn that September will be pivotal in deciding whether XLM rebounds toward $0.55 or slips further into the $0.32–$0.34 demand zone. Despite bearish technicals, the Stellar Foundation is pushing forward with ecosystem growth through high-profile partnerships and integrations.
Stellar (XLM) Tests Crucial Price Support
XLM has fallen nearly 12% this week, weighed down by high-volume selling. After failing to break resistance near $0.45, the token is now hovering at $0.39 support. Market watchers, including Alpha Crypto Capital, suggest that holding this level could spark a recovery to the $0.50–$0.55 range in September.
If the support gives way, however, XLM could slide to $0.32–$0.34, which analysts consider a strong accumulation zone before any sustainable upside move. September’s price action will therefore determine whether Stellar enters a bullish rebound or deeper correction.
Partnerships Drive Ecosystem Expansion
Even as XLM’s price struggles, the Stellar Foundation has advanced its ecosystem strategy. This week, it announced a strategic investment in Archax, a UK-regulated digital asset exchange, to accelerate real-world asset tokenization on Stellar. The deal is designed to strengthen connections between traditional finance and blockchain-powered solutions.
At the same time, Stellar went live on NEAR Protocol’s Intents platform, unlocking bridge-free swaps from 20+ blockchains directly into Stellar USDC. This integration simplifies cross-chain transactions, removing the need for wrappers or intermediaries, and highlights Stellar’s ambition to lead in multichain interoperability.
ETF Potential Adds to Stellar’s Profile
Stellar also holds a strong position in Grayscale’s rankings for potential spot crypto ETFs. If approved, an XLM ETF could boost institutional exposure and enhance liquidity—key drivers for long-term adoption.
The coming weeks are critical for Stellar. While price charts suggest a make-or-break moment at $0.39, growing partnerships and multichain integrations underscore strong fundamentals. Whether XLM rebounds to $0.55 or dips toward $0.32, September will be decisive in shaping Stellar’s trajectory for the rest of 2025.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
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