Stellar (XLM) Soars: A 30% Rally and a Dash of DeFi Delight 🚀💰

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Stellar (XLM) has, in a most uncharacteristic display of vigor, outperformed the rest of the crypto market today with a 30% upside, moving to $0.30, along with the daily trading volume surging by a massive 905% to more than $475 million. The recent XLM price breakout comes with a sharp surge in the DeFi total value locked (TVL), much to the delight of its long-suffering holders. 🎉

Stellar (XLM) Approaches $100 Million TVL, Protocol Upgrade Ahead

As per the recent data from DeFiLlama, Stellar’s DeFi ecosystem is thriving at the moment, with total value locked (TVL) reaching a new all-time high of $97.7 million. This milestone highlights greater user engagement and trust in Stellar-based protocols, as users commit more capital beyond speculative trading. It’s almost as if they’ve discovered the joy of holding onto something for more than a few hours. 🕒

Furthermore, Stellar’s breakout against this backdrop suggests strength and a potential trend divergence, lending credibility to the move. The record TVL highlights increasing adoption of Stellar’s DeFi tools. With CEO Denelle Dixon recently emphasizing institutional integration and real-world utility, this development could provide an additional catalyst for the XLM price rally. Or, as some might say, a reason to finally take a second look at their portfolio. 📊

On the other hand, the Stellar Development Foundation released Stellar Core v23.0.0rc2, the release candidate for Protocol 23, marking a significant technical upgrade to the Stellar blockchain. It’s like giving a vintage car a new engine—same sleek exterior, but now it can actually go places. 🚗

The latest version introduces key performance improvements, including parallel execution for Soroban smart contracts, a reusable inter-ledger cache, and Merkle Tree support, aimed at boosting scalability and developer efficiency. One major addition with the upgrade is the integration of Unified Asset Events (CAP-67). This boosts the ability to monitor token flows across smart contracts and complex account types. Thus, this upgrade will be critical for next-generation DeFi, NFT platforms, and more robust dApps. It’s like adding a GPS to that vintage car—now it can go places and you know exactly where it’s going. 🌍

Furthermore, institutional momentum around the Stellar ecosystem is also building up fast. Major financial firms such as Franklin Templeton and Circle have deployed nearly $500 million in US Treasuries on the Stellar network. It’s the crypto equivalent of a high school football player getting a scholarship to play for the pros. 🏈

Will Stellar Price Rally to $1 Soon?

Following today’s XLM price gains, market experts are turning bullish for the rally to continue even further. Stellar is gaining its spot as the best crypto to buy currently this month in July. It’s like the underdog in a Hollywood sports movie, but with less drama and more charts. 📈

$XLM (Stellar)’s momentum looks to be slowly shifting back to the bull side and prices could be preparing for a major continuation with them still broken out!

Them still being broken out means that $0.681 is in play and that an over 165% run to reach it can take place which…

— JAVON⚡️MARKS (@JavonTM1) July 8, 2025

With the current upward trend intact, traders are now setting their sights on a potential price target of $0.681, a move that would mark another 100% gain from current levels. It’s the crypto equivalent of a sprint to the finish line, with everyone hoping they’ve got the stamina to keep up. 🏃‍♂️💨

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2025-07-09 22:41