Stellar (XLM), one of the longest-running payment-focused blockchain networks launched in 2014, is showing signs of renewed bullish momentum as buyers regain control. At the same time, Stellar's DeFi ecosystem is expanding through RedStone's support for Ondo Finance's USDY, a yield-bearing token backed by short-term US Treasuries. The integration could improve access to reliable pricing data and strengthen USDY's utility across decentralized financial applications.

At the time of writing, XLM is trading at $0.1648, with a 24-hour trading volume of $62.92 million and a market capitalization of $5.67 billion. After a 2.35% gain over the past 24 hours, XLM's price structure and network expansion are being watched for signs of a bullish reversal.

Source: CoinMarketCap

Also Read: XLM Price Eyes $0.90 as Breakout Pattern Emerges After Long Consolidation

XLM Price Eyes $1 as Bullish Setup Emerges

According to data from Celal Kucuker, XLM is showing a potentially bullish chart structure, prompting traders to watch the token for a move toward the psychologically important $1 level — a threshold XLM has not traded near since the 2021 bull market.

The current setup suggests that selling pressure may be easing while buyers gradually regain control. If momentum continues to strengthen, XLM could challenge key resistance levels and build a stronger base for a broader breakout.

Source: Celala Kucuker's X Post

A sustained move above major resistance would be important for validating the bullish outlook and opening the path toward $1.

Rising trading volume and continued buyer interest could strengthen the breakout scenario, while a loss of key support would weaken it. For now, market participants are closely monitoring XLM's structure as momentum develops.

Stellar Expands DeFi With Ondo USDY Support

RedStone, a modular oracle network providing data feeds across multiple chains, also highlighted an expansion of Stellar's DeFi capabilities through its integration of the Ondo Finance USDY token on the network, including a USDY/USD price feed and support for SEP-40 contracts.

With this integration, applications built on the Stellar network gain standardized access to pricing data, which could help increase USDY adoption in decentralized finance applications.

Source: RedStone's X Post

The new product further develops Stellar's real-world asset ecosystem by linking a yield-generating tokenized asset with the infrastructure needed for DeFi use. The move comes as tokenized US Treasuries and other real-world assets have drawn growing interest from both traditional and crypto-native participants, positioning Stellar alongside networks like Ethereum and Solana in hosting RWA products. Using an oracle for reliable information can help with collateral valuation, borrowing capacity, and liquidation points. With RedStone's support, USDY may be used more widely within Stellar's DeFi environment.

What Happens Next?

XLM's next move will depend on whether buyers can sustain momentum and break through key resistance levels.

If a volume-backed breakout occurs, confidence in a move toward $1 would increase. If selling pressure continues, the price could retrace to support.

Also Read: XLM Price Eyes $0.191 Breakout as Stellar Network Transactions Hit Weekly High

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.