According to foreign media, the Stellar token XLM rose by approximately 3 per cent over a 24-hour period, again approaching a line of $0.20. The article argues that, in addition to the short-line rebound, it is even more of concern that the network is stabilizing the growth of the money supply and is supporting market sentiment.

Stable currency increased to $827 million in two years

According to De FiliLlama data, the stable currency supply on the Stellar network has increased from approximately $221 million in July 2024 to the current $827 million, a cumulative increase of approximately 295 per cent over two years. By this caliber, Stellar has risen to the 14th most stable currency ecology in the world.

According to the article, the increased liquidity of the stable currency usually implies a parallel increase in the chain of transfers, financial flows and network usage. While such data do not necessarily immediately drive the rise in tokens, they tend to improve market judgement of the basics of the network.

0.20 U.S. Dollars remain critical in the short line.

In terms of movement, the XLM has continued to fluctuate in the recent past within the upswing triangle, with the lows gradually rising, while the vicinity of the $0.20 is still more concentrated. According to the article, there have been several attempts to break this level over the past few weeks, but no clear-cut firmness has yet been achieved.

It was also mentioned that XLM has a new buyout every time it lags behind, indicating that demand has not significantly diminished. At the same time, the length of the price stay below the resistance also means that space is approaching new directional options.

If through or above 0.25 to 0.26 dollars

According to the article, if the XLM dailies are received above $0.20 to $0.205 the price may go up to $ 0.22 and then test the range of $0.25 to $0.26. This space is estimated to be approximately 35 per cent higher than the current level.

However, if the purchase fails again to break through resistance, XLM may still be able to keep the area organized. It is mentioned that the short-line support is approximately in the vicinity of US$ 0.18, with a stronger support between US$ 0.16 and US$ 0.17.