 
 
Stellar (xlm) is drawing fresh market attention as its chart signals a potential bullish breakout.
Renowned market analyst Ali Martinez noted that XLM was shaping the right shoulder of a classic head and shoulders pattern, a setup that often signals significant upward movement.
The head and shoulders pattern is among the most reliable signals in technical analysis, often marking a momentum shift, with the neckline acting as the critical breakout trigger.
Martinez highlights that Stellar is nearing a decisive point, with buyers eyeing a breakout above the neckline. A confirmed move higher could ignite a sustained rally, potentially driving XLM toward the $1 level, a milestone not reached since the 2021 bull market.
Stellar recently recorded a weekly jump of 16% to $0.4460, thanks to surging volume as buyers tested resistance around key consolidation levels.
 
At the time of this writing, XLM was up by 1.98% in the past 24 hours to hit $0.3926, according to CoinGecko data.
WisdomTree Prime Taps Stellar for Digital Funds, Boosting XLM Adoption
Stellar Development Foundation CEO Denelle Dixon announced on X, formerly Twitter, that WisdomTree Prime will use the Stellar network for digital fund listings, a milestone marking a significant step in the blockchain’s mainstream adoption.
WisdomTree, a $100B global asset manager, is deepening its push into digital assets through WisdomTree Prime, a mobile app offering blockchain-powered financial products.
By selecting Stellar to host digital funds tied to traditional stock indices, the firm is bridging traditional finance with decentralized ledger technology.
Dixon emphasized that this integration validates Stellar’s mission to power real-world finance with speed, low costs, and regulatory compliance, key traits that align with WisdomTree’s push to bring blockchain markets to mainstream investors without compromising trust or transparency.
He opined“This would be a huge step in the right direction.”
Therefore, WisdomTree’s decision to launch digital funds on Stellar marks a pivotal milestone, underscoring XLM’s role as a bridge between traditional finance and blockchain innovation.