- Stellar’s (XLM) Q4 2024 report highlights strong growth, with $458 million in tokenized assets, low transaction fees, and increasing adoption, positioning it as a key player in Real World Asset (RWA) tokenization.
- Technical indicators suggest a potential 120% price surge if XLM breaks the $0.40 resistance, making it a promising asset for future gains.
The cryptocurrency market has been a whirlwind of volatility, but Stellar (XLM) and Ripple (XRP) have shown remarkable resilience. The recent Q4 2024 report from the Stellar Development Foundation sheds light on critical metrics that could propel XLM to significant gains. Here’s why experts are eyeing a potential 120% surge for Stellar.
Stellar’s Market Position Strengthens
Despite macroeconomic uncertainties, Stellar has solidified its place in the blockchain space. According to the Q4 report:
- Stellar now hosts $458 million in tokenized assets, reflecting its dominance in Real World Asset (RWA) tokenization.
- The network processed $4.1 billion in RWA payments in Q4 alone, showcasing its increasing adoption.
- With 9 million total addresses and a surge in transaction volume, Stellar has emerged as the third-largest blockchain by total transactions processed.
These numbers highlight Stellar’s growing relevance, particularly in facilitating RWA transactions.
Transaction Efficiency: A Competitive Edge
A key factor in Stellar’s rise is its low transaction fees. The report reveals that Stellar ranks #1 globally in transaction fee efficiency, with costs dropping to just $0.000010 per transaction. This efficiency makes it a preferred choice for enterprises and payment providers seeking cost-effective blockchain solutions.
Compared to Ethereum’s high gas fees, Stellar’s affordability enhances its appeal, increasing its adoption in cross-border payments and enterprise-level blockchain solutions.
XLM’s Bullish Outlook: A 120% Breakout on the Horizon?
Technical indicators suggest that XLM is primed for a significant breakout. A falling wedge pattern on the price chart hints at a potential 120% rally, targeting the $0.75–$0.80 range in the mid-term.
- Momentum indicators such as the MACD histogram are showing weakening bearish momentum, with a bullish crossover on the horizon.
- A decisive move above $0.40 would confirm a breakout, paving the way for substantial gains.
However, market stability remains a crucial factor. A failure to break above resistance could lead to short-term consolidation near $0.30 support levels.
Final Thoughts: A Bright Future for XLM?
With its strong fundamentals, rising transaction volume, and increasing market share in RWA tokenization, Stellar is well-positioned for future growth. If institutional adoption continues, XLM’s projected 120% breakout could become a reality, making it one of the most promising assets in the crypto space.
Investors should keep an eye on Stellar’s price action and broader market trends to capitalize on this potential surge.