According to crypto trader Ali Martinez, Stellar Lumens (XLM), considered a top XRP rival, appears to have broken out of a bullish flag formation, potentially setting its trajectory toward the $1 mark.
Martinez shared a weekly chart on X, highlighting a flag pattern that, once broken, often signals the beginning of a strong upward trend.
Stellar has recently shown significant signs of life. Last week, it printed its largest weekly candle in nearly a year, jumping almost 45% against XRP as the price moved from 0.107 to 0.154 within just a few days.
In dollar terms, XLM surged more than 70% over the week, closing around $0.43 and breaking through multiple resistance levels that had held it back since the first quarter of the year.
XRP vs. XLM
The rally extended into Friday, with XLM peaking at $0.52 — an 87% gain over seven days. This mirrors similar gains from XRP, which also reached new year-to-date highs at $3.65. Notably, the two assets maintain a 100-day correlation index of 0.95, suggesting a strong price relationship.
Despite the bullish momentum, XLM began to show mild signs of correction on Saturday, following its sharp ascent.
While XRP and XLM share a common origin (both were co-created by Jed McCaleb), the two projects have since taken different paths. XRP is now closely aligned with Ripple and enterprise-level financial infrastructure, whereas Stellar focuses on open financial access and peer-to-peer transfers.
This divergence has turned the XLM/XRP trading pair into something of a sentiment gauge for how the market values each ecosystem.
After spending most of the year grinding lower, the XLM/XRP ratio has finally found a bottom and reversed with meaningful volume, signaling renewed interest in Stellar's ecosystem.
Vladislav Sopov
U.Today Editorial Team