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Stellar Price Eyes Bullish Breakthrough Towards $1

Instruments
XLM USDY
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The Stellar (XLM) price is showing signs of renewed bullish momentum as buyers regain control. According to data from Celal Kucuker, XLM's chart structure suggests a potentially bullish setup, prompting traders to watch for a move towards the $1 level.

XLM has been trading at $0.1648 with a 24-hour trading volume of $62.92 million and a market capitalization of $5.67 billion, after gaining 2.35% over the last 24 hours.

The integration of Ondo Finance's USDY token on the Stellar network via RedStone's support for SEP-40 contracts has expanded the Stellar DeFi ecosystem, providing standardized access to pricing data and strengthening USDY's utility across decentralized financial applications.

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