Stellar Price Forecast: WisdomTree Prime’s Game-Changing Move on Stellar Network Hailed as Milestone by CEO Denelle Dixon
Wall Street meets blockchain as WisdomTree Prime taps Stellar network for institutional-grade crypto services.
Breaking Traditional Barriers
The integration signals a seismic shift in traditional finance infrastructure—bypassing legacy settlement systems that move at glacial speeds. Stellar's network now handles real-time asset transfers for one of finance's heavyweight players.
Market Momentum Builder
This partnership validates Stellar's enterprise-ready capabilities while giving TradFi institutions the rails they need to finally embrace digital assets. Dixon's milestone comment underscores the network's maturation beyond speculative trading into actual financial utility.
Because nothing makes traditional finance move faster than the threat of becoming irrelevant.
Stellar’s growing network adoption
Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, posted on the social media platform X on Wednesday that WisdomTree Prime is using the Stellar network to list digital funds that track the stock market marks “a huge step in the right direction.”
Dixon noted that the Stellar network has “been ready for this development.”
These developments follow Nasdaq’s push to introduce tokenized securities, as the exchange filed with the US Securities and Exchange Commission (SEC) on Monday to tokenize stocks, allowing investors to trade equities either through traditional markets or on-chain.
If approved, the initiative WOULD mark a new era for Wall Street, making Nasdaq the first US stock exchange to offer access to tokenized securities.
Moreover, Stellar could benefit from this shift by leveraging its existing tokenized asset infrastructure to deliver faster settlement, regulatory alignment, and broader market access, thereby gaining an edge over its competitors. Denelle Dixon’s Optimism about WisdomTree Prime’s readiness suggests Stellar is well-positioned to capitalize on this trend.
Stellar Price Forecast: XLM bulls aiming for the $0.45 mark
Stellar price trades within a falling wedge pattern (drawn by connecting multiple highs and lows with two trendlines since mid-July). At the time of writing on Wednesday, it is nearing its upper trendline boundary, and a breakout favors the bulls.
If XLM breaks above the upper trendline boundary and closes above its 50-day Exponential Moving Average (EMA) at $0.38 on a daily basis, it could extend the rally toward its daily resistance at $0.45.
The Relative Strength Index (RSI) stands at 47, approaching its neutral level of 50, suggesting a fading of bearish momentum. For the bullish momentum to be sustained, the RSI must MOVE above the neutral level. However, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on Monday, giving buy signals and indicating improving momentum, which supports the bullish view.
XLM/USDT daily chart
However, if XLM faces rejection from the upper trendline of the pattern, it could extend the decline toward its daily support at $0.35.