Stellar (XLM) Price Eyes 30% Rally as Transaction Volume Spikes

Stellar's native token XLM is making waves in crypto circles as network activity heats up and technical patterns align for what could be a substantial price breakout. After months of sideways trading, the altcoin appears to be setting up for its next major move higher.

The timing couldn't be better for XLM bulls, with both on-chain metrics and chart analysis pointing in the same direction. Here's why traders are getting excited about Stellar's prospects.

Stellar (XLM) Shows Signs of Breaking Out

XLM has caught traders' attention again after Stellar network transactions jumped 14%. A recent X post highlighted that the token is forming a rare bullish pattern that could trigger a major price move.

Right now, XLM price is holding steady while technical analysts spot a potential breakout setup. If it plays out, XLM might rally up to 30% from here — pushing it toward key resistance levels on the weekly chart.

Network Activity Points to Stronger XLM Price Action

The big story here is the spike in on-chain activity. When Stellar transactions surge 14%, it usually means more people are actually using the network or trading demand is picking up — both tend to drive prices higher.

Traders think this mix of technical signals and real network growth could be exactly what XLM needs to start climbing. But bulls still need to break through some key resistance levels to make it happen.