Stellar $XLM Holds Strong at $0.42 – Breakout Potential Reaches $0.77

Stellar’s price continues to show resilience, with a strong support level at $0.42. Driven by growing institutional interest and network expansion, the cryptocurrency shows potential for an upward breakout toward resistance levels around $0.50 and beyond. 9.69 million active wallets demonstrate sustained market activity, while daily additions of 5,000-6,000 new institutional addresses further indicate confidence from major players in the Stellar ecosystem. With a Total Value Locked (TVL) up 80% to $150 million, strong network activity suggests an upward trajectory for XLM.