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XLM Coin Price Set to Hit $1? Stellar Explodes 56% After XRP-SEC Battle Finally Ends
The XRP vs SEC case that dragged on for five years is finally over. Both sides dropped their appeals yesterday, sending the crypto market wild. Stellar (XLM) became the biggest winner, surging 20% weekly and 56% monthly - making it the month's top performer.
XLM Price Breaks Through as Regulatory Storm Clears
Payment coins got their green light when the XRP-SEC saga ended. XLM jumped 10% in 24 hours to $0.4510, sitting right at the $0.51 resistance that stopped it in July. But this time feels different.
Crypto analyst Steph spotted bullish signals - a MACD cross ready to pop and XLM breaking from consolidation. Traders are showing a 3.42 long/short ratio (only 22.6% betting against it), suggesting more upside ahead.
The technicals look solid too. XLM at $0.4618 sits above its 50-day moving average of $0.3516, with RSI at 59.05 showing room to run before getting overheated.
Stellar (XLM) Eyes $1 Target with Protocol 23 Upgrade
Stellar's Protocol 23 upgrade launches later this year, designed to supercharge smart contract capabilities and attract new developers. If everything clicks, XLM could pump 116% from here, hitting that magical $1 level for a new all-time high.
XLM Rally Fuels Altcoin Season Hopes
As big alts like XLM heat up, money typically flows into smaller plays, especially meme coins. Projects like Snorter (SNORT) are positioning to help investors catch the next wave.
Snorter's building a Telegram bot for Solana meme coins with automated sniping tools. They've raised $2.8 million in presale, with SNORT tokens at $0.1007. Meme coin expert Borch Crypto predicts 100x gains post-launch, with holders getting just 0.85% fees.
With XLM leading the charge and regulatory clarity improving, altcoin season might be closer than expected.