What to know:
- The XLM price broke trendline resistance and reclaimed support, signaling a potential bullish reversal.
- Zebec Enterprise is expanding USDC payroll on Stellar, reaching a $4 million annualized run rate.
- Holding support could strengthen the XLM price outlook and open a path toward $0.26.
Stellar’s XLM price is showing renewed bullish momentum after breaking above trendline resistance and reclaiming support. At the same time, Zebec Enterprise is expanding USDC payroll activity on Stellar, highlighting growing enterprise adoption and strengthening the network’s role in global blockchain-based payments and financial operations.
At the time of writing, XLM is trading at $0.1816 with a 24-hour trading volume of $268 million and a market capitalization of $6.32 billion. Following the 9.9% gain over the last 24 hours, the XLM price structure and whale accumulation point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: Stellar (XLM) Price Eyes 90% Rally as Network Performance Hits New High
XLM Breakout Sparks Fresh Bullish Momentum
According to the crypto analyst Alpha Crypto Signal, the XLM price is showing renewed strength after weeks of downward pressure, breaking above its descending trendline resistance.
The move becomes more significant as the token has also reclaimed a key horizontal support zone with stronger trading activity. This combination suggests buyers are returning and could indicate a shift in short-term market structure if momentum continues to build.
Source: Alpha Crypto Signal’s X Post
The other big issue that comes up regarding the XLM price is if the bulls will be able to defend the newly regained support area.
Maintaining levels above this region can boost the bullish case and set the stage for a new advance towards $0.26. Of course, breaking below this support region is likely to be bearish.
Zebec Enterprise Drives $4M USDC Payroll on Stellar
The data from Zebec Network further highlighted that Zebec Enterprise has seen success on the Stellar network only two months after its launch, indicating that there is a move from the phase of launching the platform to that of implementing it.
Zebec Enterprise is being used by nine enterprise clients to facilitate the processing of payroll payments in the form of USDC with an annualized payroll run rate of about $4 million.
Source: Zebec Network’s X Post
This is also driven by the continued development of infrastructure that supports Zebec’s payroll solutions. Through integrating stablecoin payments with Stellar’s fast settlement network, Zebec hopes to make payroll simpler on a global level.
The increase in corporate activities using digital dollar payments may further help to solidify the position of Stellar as a viable network for financial operations on blockchain technology.
Following the bullish price predictions and network expansion, the XLM price is moving in an upward direction. This move is also backed by the improving momentum in the crypto market as Bitcoin has started to move upward.
What Comes Next?
The next step for the XLM price will be determined by whether the bulls can hold the recovered support region. Continued sustenance of the position, along with increased trading volume, can solidify the breakout and help the price move towards $0.26.
Increased use of Stellar in businesses via the USDC payroll services of Zebec can bolster its adoption story.
Also Read: XLM Price Eyes $0.191 Breakout as Stellar Network Transactions Hit Weekly High
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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