Stellar (XLM) experienced a significant rally towards the end of 2024, similar to the surge seen in XRP. The cryptocurrency has shown volatility and strong directional movements, increasing 522.22% from $0.09 to $0.56. It has recently struggled to breach $0.35. However, a technical analysis suggests that XLM may soon see its rally reignited, with the TD Sequential tool issuing a buy signal on XLM's hourly chart. XLM's long-term prospects appear positive, as Ripple Labs' token enjoys external tailwinds, such as the SEC acknowledging an ETF filing and Brazil approving the world's first spot XRP ETF. Stellar has also revealed that it is 'feature complete' for the next decade, with a focus on scaling and becoming the leading DeFi platform. However, XLM's performance is linked to the wider cryptocurrency market, which has been affected by recent external shocks.



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