Stellar Lumens (XLM) Price Prediction: Analyst Targets a 396% Upside Potential

Stellar Lumens (XLM), the native cryptocurrency of the Stellar blockchain, is making waves in the crypto market as analysts forecast significant price

Crypto analyst Javon Marks, known for his bold predictions and insights, is making waves in the crypto market with his latest analysis of Stellar Lumens (XLM).

In a recent X post, Marks shared an optimistic outlook for XLM, predicting a potential rally that could see its price surging by more than 396%.

Sharing an image of his original XLM chart analysis, Marks explained that a roughly +564% move towards our $0.681 target took place after the more original $XLM (Stellar Lumens) analysis and prices can be setting up for even more!

With this target still in play, ANOTHER >161% INCREASE to propel to it could take place but with additional strength from the breakout. A new target would be formed at $1.291819.

This bold prediction comes on the heels of an earlier 564% surge that brought XLM close to a $0.681 target. This price hike highlighted XLM’s strong momentum and growing investor interest as the altcoin market heats up.

Marks believes the token is poised for another significant move, suggesting a potential 161% increase that could bring XLM back to the $0.681 level. Further, any breakout above this resistance could propel it to $1.291819 – a level that would mark a staggering 396% gain from its current price.

Beyond technical indicators, Stellar’s fundamentals are also providing a strong foundation for XLM’s potential growth.

At the time of writing, XLM price is trading near $0.2544 – up 4.77% in the past 24 hours. It has a 24 hour trading volume of $205.9 million which has increased nearly 144% today.

Launched in 2015, the Stellar blockchain is designed to facilitate low-cost, cross-border transactions, connecting people, banks, and payment processors with minimal fees and near-instant settlement times. XLM, or Lumens, serves as the native token of the network, acting as an intermediary for transactions and helping to reduce costs further.

Being one of the oldest cryptocurrency networks, Stellar’s real-world applications are gaining traction, particularly in financial services. Its partnerships with major financial institutions like Franklin Templeton – which manages over $270 million in assets through its OnChain U.S. Government Money Fund on the Stellar network – demonstrate its growing adoption.

Additionally, Stellar’s collaborations with firms like Mastercard aim to enhance the security and mainstream acceptance of digital transactions using XLM.