XLM Set to Hit Double Digits | Growing Optimism Amid Skepticism
A surging chorus of finance enthusiasts suggests that XLM could rise significantly, with many eyeing a potential leap to double digits. While optimism swells among some, others express doubt about the feasibility of such price targets against realistic market expectations.
Stellar's Positive Momentum
Stellar has solidified its role in crypto remittances, now integrated with PayPal, MoneyGram, and VISA. These collaborations expand its footprint further, covering over 190 countries. Recent financial data highlights notable success:
RWA Supply Growth: Stellar saw real-world asset (RWA) supply reach $757 million.
Network Performance: Total Value Locked (TVL) jumped 80% to $150 million, signaling robust engagement.
Technical Enhancements: Protocol 13 introduced features like fee bumps and detailed asset permissions.
"This sets a foundation for future scalability and usability," noted a community member.
Community Sentiment
Investor reactions are mixed. Supporters express optimism, stating:
"If this hits double digits, XRP will be 50+".
"Lads let’s keep our feet on the ground the next two years will be big".
However, criticism surfaces too. Some believe targets are too ambitious, with one user remarking,
"Let it hit $1 before thinking $1000 is on the table. Getting rich isn’t that easy."
Key Developments and Market Projections
The Stellar Development Foundation seeks to tokenize $3 billion in RWAs by year-end, with efforts to enhance software tools and improve user experience. Despite challenges, there's a 70% probability XLM could reach double digits in the coming months, thanks in part to sustained institutional interest and positive market sentiment.
Interestingly, skepticism persists with some commenters warning against unrealistic projections. A stark opinion reads, "it will never hit a thousand you’re just spewing garbage with that estimate." The sharp contrast in perspectives underscores the community's volatility in expectations.
Key Insights
📈 80% increase in TVL in Q2.
💵 $3.4 billion in RWA-related payments processed.
🗣️ "Getting rich isn't that easy" - popular community sentiment.
Stellar's growing international integration and user engagement position it favorably in the cryptocurrency realm. As speculation around its future swells, many believe now could be a critical time to invest in XLM.