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Crypto: Stellar partners with LayerZero, XLM clings to its key support

9h05 ▪ 4 min read ▪ by Eddy S.
Getting informed Crypto regulation
Summarize this article with:

Stellar collaborates with LayerZero, thus marking a turning point for blockchain interoperability. While XLM holds near a decisive technical support, crypto investors wonder if this partnership will be enough to trigger a major rise. Analysis of the stakes and perspectives.

Stellar and LayerZero greeted each other as a sign of their blockchain partnership. Will the crypto industry be able to capitalize on this alliance?

In brief

  • Stellar and LayerZero interconnect 150 blockchains and strengthen Stellar’s utility in cross-border payments.
  • XLM’s price holds near a key support at $0.22; a bullish breakout could propel XLM to $0.37.
  • Stellar bets on its speed and low cost advantage to compete with Ethereum and Solana, but its success will depend on real adoption of its technology by businesses.

Stellar and LayerZero join forces: a revolution for blockchain interoperability

Stellar, a network known for its fast and low-cost transactions, partners with LayerZero, a leading protocol for interconnecting blockchains. Thanks to this crypto integration, Stellar gains connectivity with more than 150 networks, simplifying asset transfers like USDC without friction or intermediaries. A technological leap that strengthens its utility in cross-border payments. The numbers speak for themselves: 

  • 150 interconnected blockchains;
  • A drastic reduction in transaction costs;
  • Infrastructure ready for massive adoption.

Crypto analysts see this as a key step toward a decentralized and accessible financial system. For Stellar, the stake is clear: position itself as a credible alternative to giants like Ethereum or Ripple.

This partnership comes at the right time as demand for interoperability solutions explodes. Moreover, crypto companies and developers seek reliable infrastructure to connect their applications.

XLM clings to its key support – Is a bullish breakout in preparation?

XLM, Stellar’s native crypto, currently operates in a crucial technical zone. After months of consolidation, the price holds between 0.21 and 0.22 dollars, a historic support that has already proven itself. Traders watch this zone closely, as a bullish breakout could propel XLM to 0.37 dollars or beyond. Technical indicators, like the RSI, show signs of improvement, suggesting a momentum recovery.

However, the market remains cautious: without significant volume, a breakout from the forming symmetrical triangle could be delayed. Therefore, investors wonder if Stellar’s partnership with LayerZero will suffice to trigger a sustained rise. Historically, announcements of major collaborations have often boosted crypto prices. Ripple with SWIFT, or Ethereum with its updates, are examples.

Crypto: Can Stellar compete with the DeFi giants?

Stellar stands out for its specialization in cross-border payments, a niche where Ethereum and Solana struggle to compete in terms of costs and speed. However, its ecosystem of decentralized applications remains less developed than its competitors’, limiting its appeal to crypto developers. The question is whether this partnership with LayerZero could close that gap.

By facilitating bridges between blockchains, Stellar could attract new projects and crypto users, thus strengthening its position. Companies seeking scalable and cost-effective solutions could find fertile ground here. Future prospects will therefore depend on the real adoption of this technology. If major players in the financial sector or fintechs integrate Stellar, its utility – and thus its value – could explode. 

While the Marshall Islands test universal basic income in crypto with Stellar, its collaboration with LayerZero opens new perspectives. However, success will depend on the massive adoption of this interoperability. XLM, clinging to its key support, could it finally break through? And you, do you think this partnership will be enough to propel Stellar among the crypto leaders?

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Eddy S. avatar
Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.