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Stellar XLM Doubles in Price Over the Last week–Here is Why

  • Stellar's XLM price has more than doubled over the past week, reaching its highest point since early 2022, currently trading above $0.47.
  • Strategic partnerships in the fintech sector and software upgrades have played a significant role in positioning Stellar as a key player in blockchain finance.
  • Analysts believe that the surge in Stellar's price is driven by increased confidence in the network due to more users and liquidity entering, as well as new partnerships like with a major fintech company.
  • Considering the recent developments and ongoing partnerships, Stellar's XLM could continue to see growth, with short-term targets around $0.50 and optimistic projections eyeing $1 by 2030 if adoption accelerates.

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