Stellar Lumens (XLM) has emerged as one of the latest cryptocurrencies to experience a significant rally, breaking free from years of sideways trading. With XLM reclaiming the $0.24 level, the project anticipates a new wave of adoption driven by institutional interest.
After prolonged stagnation, Stellar (XLM) has staged a remarkable comeback. Once a standout during previous bull cycles, Stellar competed closely with Ripple in building institutional-grade payment networks.
The rally accelerated just days after Franklin Templeton announced its migration to the Stellar network, propelling XLM to its highest price since 2022. A 128% weekly surge pushed XLM back into the top 20 cryptocurrencies by market cap—a milestone unseen since August 2022.
Trading volume spiked to $1.94B within 24 hours, matching levels last observed during the 2024 market rebound. Analysts predict XLM could surpass $0.30 soon, given its bullish momentum.
Key Metrics Signal Growing Momentum
- Open Interest: Reached a 3-year high at $102M, though dominated by 65% long positions, exposing XLM to potential sell-offs.
- Adoption Catalyst: Franklin Templeton’s RWA token (BENJI) deployment on Stellar boosted network credibility.
- DeFi Growth: Total Value Locked (TVL) climbed to $31.66M, with LumenSwap (Stellar’s top DEX) holding ~$15M.
👉 Why institutional adoption matters for Stellar’s future
Franklin Templeton Elevates Stellar’s Institutional Appeal
Franklin Templeton’s BENJI token—representing shares of its $1.6T money market fund (FOBXX)—is now live on Stellar, Ethereum, and Aptos. The fund aims to tokenize assets across the most cost-efficient blockchains, leveraging Stellar’s low transaction fees.
Key Developments:
- Multi-Chain Strategy: BENJI serves as a test case for distributing tokenized securities via Franklin’s proprietary app.
- Partnerships: Collaboration with Chainlink to streamline blockchain-based settlements.
- Target Audience: Primarily traditional investors, easing onboarding for non-crypto users.
Stellar’s Resurgence in DeFi
Despite missing earlier trends like NFTs, Stellar has proven its capability to host DeFi protocols:
- LumenSwap: Leading DEX with ~$15M TVL.
- Active Addresses: Spiked to 153,000 daily prior to the price surge, signaling renewed network activity.
👉 How Stellar compares to other DeFi networks
FAQs: Stellar (XLM) Price Surge
Q: Why did XLM price suddenly increase?
A: Franklin Templeton’s adoption and rising DeFi activity triggered bullish momentum.
Q: Is Stellar a good investment now?
A: While XLM shows potential, its high long/short ratio suggests volatility risk.
Q: What makes Stellar unique?
A: Focus on low-cost institutional transfers and RWA tokenization.
Q: How does Franklin Templeton use Stellar?
A: To tokenize money market funds, leveraging Stellar’s efficiency for traditional investors.
Q: Can XLM reach $1?
A: Possible with sustained adoption, but depends on broader market conditions.
Stellar’s revival underscores its readiness to capitalize on institutional crypto adoption—positioning XLM as a network to watch in the RWA sector.
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1. Stellar (XLM)
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3. RWA tokenization
4. XLM price prediction
5. Stellar DeFi
6. BENJI token
7. LumenSwap
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### Notes:
- Anchors placed naturally after institutional adoption and DeFi sections.
- Removed promotional/redundant phrases (e.g., "cash out").