EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

XLM gains 9.9% as Zebec Enterprise expands USDC salary payments by $4 million on Stellar

2026-08-21 12:14:26
Bookmark

Stellar's XLM has gained new bullish momentum, breaking through trend-line resistance and regaining key support levels. Increased corporate activity indicates that the network's application in digital payments has further deepened.

XLM prices rebounded with bullish signals showing

XLM is currently trading at US$0.1816, with 24-hour trading volume reaching US$268 million, and a market value of US$6.32 billion. The token has risen 9.9% in the past 24 hours and is expected to usher in a potential bullish reversal after a period of downward pressure.

Cryptocurrency analyst Alpha Crypto Signal pointed out that XLM regained its upward momentum after breaking through the resistance of the downtrend line. After weeks of consolidation, this technical breakthrough was supported by increased trading activity and highlighted the return of buying interest in the market.

After the token broke through key level support, its short-term prospects attracted more attention. If buying momentum continues, analysts believe the overall market structure may shift in favor of bulls.

The combination of breaking through key trend line resistance and recovering horizontal support indicates that a new round of accumulation is taking place, with large holders showing greater interest in XLM's uptrend.

However, the market's bullish view will depend on whether buyers can hold on to this newly recovered support area. Staying above these levels could open up space for the next upside target (around $0.26), while a break below could signal weakness.

Zebec Enterprise's $4 million USDC salary payment drives growth

Companies have received a significant boost in adopting the Stellar network, with Zebec Enterprise processing US$4 million in annualized USDC salary payments shortly after it was launched on the network. Currently, Zebec Enterprise is providing digital salary payment services to nine customers, highlighting the market's growing confidence in blockchain financial operations.

This development reflects continued infrastructure improvements, with Zebec integrating stablecoin wage payment solutions into Stellar's high-speed settlement system. The company aims to consolidate Stellar's position in the blockchain payments space by leveraging fast and efficient digital assets to streamline the global payroll payment process.

As companies 'trend of choosing digital dollar solutions accelerates, Stellar's ecosystem is increasingly seen as a viable platform for real-world financial operations.

Although traditional markets rely on broker networks, Wall Street is undergoing a fundamental shift to Web3. Investors began to directly manage shares of stocks, gold and silver of top U.S. companies through the platform. By tokenizing real-world assets and providing instant price discovery, these solutions completely remove intermediaries and expand access to mainstream financial instruments.

The overall recovery of the cryptocurrency market, as well as Bitcoin's upward momentum, also contributed to the positive price trend of XLM. If trading activity continues to climb and support levels are firm, XLM is expected to maintain its upward trend and move towards the next resistance level of $0.26.

The growth in corporate activity driven by Zebec's USDC payroll payments appears expected to further support Stellar's adoption and enhance its utility in institutional finance.

The increase in corporate USDC activity on Stellar not only highlights the expansion of the network, but may also further consolidate its position as a trusted platform for digital financial transactions.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP