Peter Brandt Names Stellar (XLM) as Long-Shot Crypto Pick

What happened

Veteran commodity trader Peter Brandt has singled out Stellar (XLM) as a cryptocurrency worth watching over the next several years. In a recent social media post, he said XLM is "a good pick" for anyone who wants to bet on a long shot over the next few years. One report described the token, a long-standing XRP rival, as a potential long-term dark horse.

Brandt accompanied his comment with a long-term monthly chart of XLM. The chart shows a descending trendline connecting the major historical peaks and running through the 2021 and later market cycles, plus an upward-sloping support line underneath the token's long-term price action. XLM remains well below the descending upper boundary. The call landed as stablecoin infrastructure provider BVNK announced on Sept. 22 that it had integrated Stellar into its payments platform, and Stellar added the USDT0 stablecoin.

Why it matters

Brandt is a veteran commodity trader, and the call puts XLM back in view for readers hunting for assets with room to surprise. The framing is long term, so the comment describes a multi-year idea rather than a near-term trade.

The chart structure matters because the pattern has developed over years and the token still sits well below the trendline that caps it. Ecosystem news gives the idea a backdrop: BVNK added Stellar to its payments platform on Sept. 22, and the network added USDT0.

What the data shows

U.Today reported XLM trading at roughly $0.2233, up 6.9% over the past 24 hours. The token traded between $0.2071 and $0.2343 during the same period, briefly climbing more than 13% from the session low to the intraday high.

ZyCrypto, citing CoinGecko data, said the token was trading around $0.2313, up roughly 10.6% over the past 24 hours. That report put the surge at roughly 11.3%, from a session low of $0.2106 to an intraday peak near $0.2343.

Brandt's chart displays a green horizontal marker around $1.17605. One report noted that from around $0.23, a move to $1.176 would represent roughly 411% upside.

What is still unclear

• Whether $1.17605 is a target. The trader did not explicitly describe $1.176 as a price target in the accompanying post, so the level should not necessarily be interpreted as a formal prediction, and one report said it should not be treated as a formal forecast.
• The two reports give different figures for XLM's recent move. One put the price at roughly $0.2233 and the 24-hour gain at 6.9%, the other cited around $0.2313 and roughly 10.6%.

Questions readers ask