After decades of navigating market booms and busts, veteran trader Peter Brandt has turned his attention to an unexpected crypto contender.
Brandt recently highlighted Stellar (XLM), a long-standing XRP rival, as a potential long-term dark horse, putting the token back in the spotlight as investors search for crypto assets with room to surprise.
Peter Brandt Spots Potential in Stellar’s XLM
Peter Brandt has singled out Stellar (XLM) as a crypto asset worth watching over the long haul, suggesting the token could emerge as an intriguing “long shot” opportunity over the coming years.
Brandt made his long-term XLM outlook clear in a recent post on X, writing, “If you want to bet on a long shot (next few years), $XLM is a good pick.”
Brandt accompanied his bullish XLM comment with a long-term monthly chart.
 
The chart tracks XLM’s price action back to the 2017–2018 crypto boom and highlights a massive descending trendline connecting major historical peaks across multiple market cycles, including the 2021 rally. Beneath the price, Brandt has drawn an upward-sloping support line, creating a huge contracting structure that has been developing for years.
For now, XLM remains well below the pattern’s descending upper boundary, leaving plenty of room between its current price action and the key resistance line.
Brandt’s chart also features a green horizontal level near $1.17605 on the right-hand side. He did not explicitly identify that level as a price target, so it should not be treated as a formal forecast. Still, its appearance on the chart suggests that significantly higher price levels are part of the multi-year setup he is monitoring. From around $0.23, a move to $1.176 would represent roughly 411% upside, taking XLM more than five times higher from its current level.
XLM Explodes Higher
Brandt’s comment comes as XLM notches solid gains on Tuesday, adding fresh momentum to his long-term “long shot” call.
The token is trading around $0.2313, up roughly 10.6% over the past 24 hours, CoinGecko data shows. That means the token surged roughly 11.3% from its session low of $0.2106 to its intraday peak near $0.2343, underscoring the sharp burst of buying momentum behind the move.
The rally has also coincided with several bullish developments across the Stellar ecosystem. On Sept. 22, stablecoin infrastructure provider BVNK revealed that Stellar had been added to its payments platform.
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