Stellar has significantly expanded its cross-chain capabilities by integrating with LayerZero, now supporting connectivity to over 150 blockchains. This development enhances the ease of asset transfers, such as PYUSD, across different chains, marking a substantial step in Stellar's mission to create a borderless financial network.
The native token XLM is showing signs of a potential breakout, holding key support levels between $0.21 and $0.22. Analysts note a tightening triangle pattern on the charts, suggesting a possible upward move towards $0.37. The daily RSI indicates slight upward momentum, with a breakout above resistance potentially confirming a bullish trend, while a breakdown could see XLM fall to $0.06.
Stellar Expands Cross-Chain Connectivity to Over 150 Blockchains with LayerZero
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