Stellar Gains Utility Momentum, Faces Critical Support at $0.245

XLM has surged by 4% in the past 24 hours, drawing attention due to new payment integrations and institutional pilots. Despite this, XLM trades near a critical support level, causing uncertainty among traders about its future direction.

Stellar's network is expanding with recent upgrades in payments and data infrastructure, enhancing its utility beyond speculation.
Wirex activated USDC and EURC card-settlement on Stellar for over seven million users, boosting stablecoin transactions.
U.S. Bank is testing a programmable stablecoin on Stellar, adding institutional use cases.
Space and Time (SxT) integration strengthens Stellar's data infrastructure.

Stellar XLM Chart

Price Analysis

XLM remains at a crucial $0.245 support, having trended downward since November 2024.
Technical indicators suggest bearish momentum with RSI below 50 and MACD negative.
A break below $0.245 risks further declines; maintaining it could allow bulls to challenge resistance.
Resistance levels are noted at $0.26–$0.27 and $0.28–$0.31, with cautious optimism for reaching $0.31 by year-end if momentum improves.

The outlook for XLM depends on balancing rising real-world adoption with overcoming technical resistance. The ability to hold its support and reclaim key levels will determine its market recovery potential.