Stellar XLM Soars 25% as Bitcoin Breaks $118K Ceiling! 🚀💰

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Oh, what a splendid day it has been for the good folks at Stellar! The XLM price has soared a whopping 25%, like a rocket ship 🚀, back into the $0.40 zone for the first time since the early part of the year. And just when you thought it couldn’t get any better, Bitcoin, the granddaddy of all cryptocurrencies, has decided to show off by hitting a brand new all-time high above $118,000! 🎉

But wait, there’s more! While Bitcoin was busy breaking records, Stellar has emerged as the star of the show among the top 20 largest cryptocurrencies. The BTC rally, combined with some key internal magic tricks, has made XLM the talk of the town. The Protocol 23 upgrade, a bit like a secret recipe for a delicious cake, is adding a sprinkle of excitement to the mix, making everyone want a slice. 🍰

Protocol 23, you ask? Why, it’s nothing short of a revolutionary update that will transform the Stellar blockchain network into a sleek, efficient machine. Scheduled for a vote on the mainnet on August 14, 2025, this upgrade introduces some mind-boggling changes. For instance, live state prioritization (CAP-0062) will separate archived state from active state into two distinct databases, ensuring that the network runs as smoothly as a well-oiled machine. And parallelism-friendly transaction scheduling (CAP-0063) will allow multiple smart contract transactions to execute simultaneously, making the network faster and more efficient. Add to that a reusable module cache and new host functions, and you’ve got a recipe for success! 🌟

XLM Price Forecast: Bulls Eye $0.45 to $0.50 as Protocol Vote Approaches

XLM traded as high as $0.40 during Friday’s session, posting a 25% intraday gain and bringing its weekly rally above 40%. The technical indicators are all pointing in one direction: up, up, and away! 📈

🚀 Stellar $XLM Surges 31% in July — What’s Next? 💥

While everyone’s watching Bitcoin break records, Stellar (XLM) has been quietly making serious moves — up +31% this July after holding strong at the $0.22 support 🛡📈

Now trading around the critical $0.30 zone, XLM is…

— Scopuly – Stellar Wallet (@scopuly) July 11, 2025

Take a look at the XLMUSD daily chart below. Price has shot up above the upper Bollinger Band at $0.319, a clear sign of a high-volatility breakout. The Bollinger Band squeeze in prior weeks, now giving way to expansion, suggests that the uptrend is likely to continue. 📊

XLM Price Forecast | Source: TradingView

Moreover, the MACD histogram is firmly in bullish territory, with the signal and baseline metrics aligned in favor of upward price action. The next resistance lies in the $0.45 to $0.50 range, where the February sell-off created a significant supply cluster. If buyers can maintain control and consolidate above the $0.37 level over the next few sessions, the path toward $0.48 becomes likely, especially as the Protocol 23 validator decision approaches on August 14.

However, if the bulls can’t hold above $0.37, it might trigger some short-term profit-taking, with downside support forming near the $0.32 to $0.30 zone, an area now reinforced by the mid-Bollinger Band. But let’s not get too gloomy just yet; after all, the future looks bright for our little XLM friend! 🌞

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2025-07-12 04:04