{"id":5702,"date":"2025-07-24T17:43:31","date_gmt":"2025-07-24T17:43:31","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xlm-price-has-crashed-3-reasons-stellar-may-rebound\/"},"modified":"2025-07-24T17:43:36","modified_gmt":"2025-07-24T17:43:36","slug":"xlm-price-has-crashed-3-reasons-stellar-may-rebound","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xlm-price-has-crashed-3-reasons-stellar-may-rebound\/","title":{"rendered":"XLM price has crashed: 3 reasons Stellar may rebound"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Stellar Lumens, known for its native digital currency XLM, plunged over 20% from this month\u2019s high on July 24, as investors rushed to lock in profits\u2014but surging on-chain activity and stablecoin adoption suggest the selloff may be short-lived.<\/p>\n<div id=\"cn-block-summary-block_d01045d5e18e7ab646e376418cbebbd5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Stellar Lumens plunged by double digits on Thursday, July 24.<\/li>\n<li>XLM price may rebound as its transactions and active users jump.<\/li>\n<li>Its stablecoin supply and volume has jumped this month.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Stellar Lumens (XLM) dropped to a low of $0.400, down by over 23% from this month\u2019s high of $0.5200. This decline also coincided with that of Ripple (XRP), which plunged after an insider sold tokens worth millions.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Why Stellar Lumens may rebound<\/h2>\n<p>Still, there are at least three main reasons why the XLM price will rebound, and possibly retest its year-to-date high of $0.5100:<\/p>\n<ul class=\"wp-block-list\">\n<li>Stellar transactions and users are soaring.\u00a0<\/li>\n<li>Stablecoin volume and transactions are surging.<\/li>\n<li>XLM price formed a doji pattern, pointing to a rebound.<\/li>\n<\/ul>\n<p>Nansen <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.nansen.ai\/macro\/blockchains\" target=\"_blank\">data shows<\/a> that Stellar is one of the fastest-growing players in the blockchain industry. Its transactions jumped by 22% in the last seven days to 2.93 million. It had more transactions than Ethereum (ETH), which processed 10 million.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>More data shows that the active addresses jumped by 16% in the last seven days to 208,000. Its network fees jumped by 99% to $73,000, which is notable since Stellar is known for low transaction fees.\u00a0<\/p>\n<p>Second, XLM price may jump as its <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.artemisanalytics.com\/asset\/stellar?from=chains&amp;tab=stablecoins\" target=\"_blank\">stablecoin growth<\/a> gains steam. Its stablecoin supply has jumped by 15% in the last 30 days to $184 million, while its transaction volume soared by 40% to $1.8 billion. Stellar\u2019s stablecoin addresses jumped by 33% to 260,000.\u00a0<\/p>\n<p>It\u2019s expected to benefit from President Donald Trump\u2019s signing of the GENIUS Act into law last week, and likely become one of the top processors of USD Coin, a stablecoin.<\/p>\n<h2 class=\"wp-block-heading\">XLM price has strong technicals\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14399650\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Stellar price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The XLM token price will also rebound after forming strong technicals. On the daily chart, it has formed a doji candlestick, a popular bullish reversal pattern.\u00a0<\/p>\n<p>A doji comprises of a small body and long upper and lower shadows. It implies that an asset\u2019s price opened and closed at the same price. Additionally, the XLM price has remained above the 50-day and 25-day moving averages, indicating that it has completed its mean reversion.<\/p>\n<p>Therefore, Stellar price will likely continue rallying, with the next point to watch being at $0.5200, its highest point this year. This price target is about 20% above the current level.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stellar Lumens, known for its native digital currency XLM, plunged over 20% from this month\u2019s high on July 24, as investors rushed to lock in profits\u2014but surging on-chain activity and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5702"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5702\/revisions"}],"predecessor-version":[{"id":5703,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5702\/revisions\/5703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/186"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}