Overview

• XLM has held above its bullish flag and falling wedge breakouts, trading near $0.46 with 15% gains over the past 24 hours and volume exceeding $1 billion.
• Technical indicators show XLM pushing toward its upper Bollinger Band around $0.48 and an RSI in the low 60s, suggesting room for further upside without being overbought.
• On-chain metrics reveal a 14% rise in transaction volumes, an 81% jump in active addresses and over $2 million of XLM withdrawn from exchanges in 24 hours, pointing to growing accumulation.
• Analysts project additional rallies to $0.60–$0.80 based on historical price structures, and Crypto Patel has forecast a push to $1 if momentum holds and key support levels remain intact.
• Stellar’s Protocol 23 upgrade enters testnet on August 14 ahead of its September 3 mainnet vote, aiming to boost scalability and adoption.