Stellar (XLM) is making headlines again—this time with a potential game-changing development. Global asset management firm Franklin Templeton plans to move a staggering $1.7 trillion through the Stellar blockchain. This bold move is not only boosting institutional confidence in Stellar but also driving renewed price momentum and network activity.
Stellar Surpasses 20 Million Daily Transactions
Stellar has recently seen a sharp 35% increase in daily blockchain activity, now exceeding 20 million transactions per day—the highest since late 2024. This surge comes from rising usage in token transfers and decentralized exchange (DEX) operations. It underscores Stellar’s growing relevance in real-world applications, especially as traditional finance seeks cost-effective, scalable solutions.
Franklin Templeton’s Move Boosts Institutional Confidence
Franklin Templeton chose the Stellar network for its efficiency and cost-effectiveness. The firm noted that processing 50,000 transactions on Stellar costs just $120—compared to $50,000 in traditional finance systems. This transition will save Franklin Templeton over $200 million annually.
This large-scale institutional adoption sends a strong message to the market: Stellar is no longer just a blockchain experiment—it’s becoming foundational to how large firms manage and move capital.
XLM Price Outlook: Breakout on the Horizon?
XLM is currently trading around $0.277, having recently broken above its 200-day moving average. Technical indicators like the RSI (at 55.65) and Money Flow Index (at 69.79) suggest bullish momentum without hitting overbought levels. Resistance looms near $0.295 and $0.30, but a clean breakout above $0.29 could pave the way to a short-term target of $0.34.
Even as global monetary liquidity (M2 supply) increases, XLM lags behind previous peak prices—offering additional upside if historical price correlations resume.
Market Sentiment Turning Positive
Funding rates for XLM shifted into positive territory in mid-April, indicating traders are now willing to pay to hold long positions. This reflects growing market confidence and weakening bearish pressure.
With surging network activity, bullish technical signals, and a $1.7 trillion catalyst from Franklin Templeton, Stellar is positioning itself as a leading blockchain in institutional finance. If this momentum continues, XLM could be on the verge of a significant breakout.
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