XLM Rocket Alert: $1 Price Target in Sight as USDC Transactions Surge

Stellar (XLM) is flashing bullish signals as USDC transaction volume spikes—could this be the push it needs to smash the $1 barrier?

Fueling the Fire: USDC Adoption Ignites XLM Network Activity

The Stellar network's corridors are buzzing with stablecoin traffic. USDC—that darling of crypto traditionalists who still crave dollar-pegged safety blankets—is seeing explosive movement through XLM's rails. Transaction metrics don't lie: when stablecoins start migrating en masse, price fireworks often follow.

Technical Tailwinds: The $1 Horizon Comes Into Focus

Traders are eyeing XLM's chart like hawks. That elusive dollar mark—once dismissed as moonboy fantasy—now sits squarely in the crosshairs. The math's simple: more transactions mean more network utility, and utility has a funny way of turning into price appreciation (unless you're a CBDC, in which case enjoy your 0% yield).

The Bottom Line: Stellar's Moment Is Now

With institutional players quietly stacking stablecoin liquidity and retail FOMO starting to simmer, XLM's setup looks dangerously ripe. Whether it punches through resistance or gets kneecapped by profit-taking remains to be seen—but one thing's certain: the Stellar ecosystem isn't flying under anyone's radar anymore.

XLM crypto price technical analysis

The three-day chart shows that Stellar Lumens bottomed at $0.2188 in April and June. It formed a double-bottom pattern and moved above the neckline at $0.3338, its May high.

The token has advanced above the 50-day and 100-day moving averages, while major oscillators have continued to point upward. Stellar has also retested the upper end of its trading range based on the Murrey Math Lines and the January high.

Therefore, further gains toward the 2025 high of $0.6318 WOULD confirm the bullish breakout. A move above that level would open the door to a potential surge toward the extreme overshoot level of $1, roughly 100% above current levels.