Stellar (XLM) is fast approaching a major milestone as the network closes in on 10 million accounts, fueled by a surge of institutional adoption. Current figures show 9.69 million active wallets, with an impressive 5,000-6,000 new addresses joining daily.
This growth reflects more than retail speculation as it signals meaningful enterprise adoption in payments, tokenized deposits, and cross-border transactions.
Unlike different hyped assets, Stellar has quietly built its reputation as a trusted blockchain solution. The network’s focus on compliance and financial-grade use cases is drawing banks, fintech firms, and remittance providers.
With over $150 million in total value locked and consistent wallet creation, Stellar is showing signs of steady, sustainable growth that could lay the groundwork for a major price rally.
Institutional money is playing a key role in Stellar’s momentum. From partnerships with MoneyGram and Circle to recent pilots with central banks and fintechs like VersaBank, XLM is becoming a practical tool for global finance.
This steady inflow of enterprise adoption is critical. Unlike retail-driven spikes, institutional backing provides consistent liquidity and long-term confidence.
Analysts suggest that the growth of network growth and enterprise demand could act as the spark for XLM’s next breakout, especially if it pushes past psychological resistance at $0.50.
Analysts project short-term targets between $0.42 and $0.44, with a medium-term breakout toward $0.48–$0.57 by late September. If XLM clears resistance at $0.50, institutional demand could push the price higher, with some models pointing to the $0.60–$0.77 range as the next major battleground.
However, failure to hold above $0.37 could expose Stellar to a deeper pullback toward $0.29. For now, the bullish case outweighs the bearish scenario, and with Stellar nearing 10 million accounts, many traders see this as a defining moment for XLM’s long-term trajectory.
Cover image from ChatGPT, XLMUSD chart from Tradingview
