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.