Stellar XLM Surges 288% in One Year; Whisk Upgrade May Drive Price Toward $1
Stellar XLM has climbed 288% over the past 12 months, outperforming Bitcoin’s 88% and Ethereum’s 73% yearly gains, data from CoinGecko shows. At $0.36, Stellar XLM faces immediate resistance at the 50-day SMA of $0.416, followed by $0.433, $0.49 and $0.52. Clearing these levels could set the stage for a rally toward $1, representing a further 177% upside from current levels. Support is seen at the 200-day SMA near $0.312, with possible consolidation before any major breakout. Fundamental catalysts include the imminent Whisk upgrade (Protocol 23), activating on Sept. 3, which introduces unified events, parallel processing and eight Core Advancement Proposals to boost developer experience. Additionally, the US Department of Commerce plans to publish quarterly GDP data on Stellar’s blockchain—an industry first. Traders should watch trading volume, moving averages and network adoption metrics as key indicators for short-term momentum and long-term growth.
Bullish
The 288% annual gain and upcoming Whisk upgrade position Stellar XLM for further upside. Historical data shows that major protocol upgrades often spark renewed investor interest and price appreciation. Breaking key resistance levels at the 50-day SMA would validate bullish momentum in the short term. Meanwhile, on-chain adoption catalysts—like US Department of Commerce GDP data publishing—support a positive long-term outlook. Traders can monitor volume spikes and moving average crossovers to confirm a sustained rally.