Stellar’s XLM Climbs Amid Volume Spike Before Reversing Sharply

Stellar’s XLM Spikes on Heavy Volume Before Pulling Back

Stellar’s XLM token experienced sharp volatility over the past 23 hours, trading between $0.38 and $0.39 in an active session. The token’s most notable move came between 08:00–09:00 UTC, surging from $0.38 to $0.39 on trading volume of 70 million—more than triple its 24-hour average.

Momentum carried into the next hour, with volume staying above 60 million as XLM consolidated near the upper end of its range. The rally was supported by both technical factors and growing fundamentals. A recent DTCC patent filing cited XLM alongside XRP for liquidity tokenization in systems handling nearly $4 quadrillion in securities annually.

The Stellar Development Foundation also noted that major payments and asset management firms are preparing to launch on the network in the coming weeks, aligning with a ninefold increase in Stellar’s total value locked over the past year.

Despite the morning surge, XLM gave back gains during the final trading session. Between 13:15 and 14:14 UTC, the token dropped from $0.39, with the heaviest selling hitting 3.6 million in volume between 13:45–13:47 UTC. Activity tapered to nearly zero in the final minutes, suggesting institutional profit-taking and short-term consolidation.

The session underscores the market’s sensitivity to rapid sentiment shifts. While morning gains highlighted confidence in Stellar’s ecosystem and backing from key financial infrastructure, the late-session pullback illustrated how quickly profit-taking can reverse intraday moves.

Technical Highlights

• Peak resistance at $0.39 on a 70.02 million volume spike (08:00–09:00 UTC)
• Sustained bullish momentum with 60.17 million volume (09:00–10:00 UTC)
• Consolidation around $0.39 suggests new support formation
• Late-session sell-off of 3.6 million establishes short-term support near $0.39
• Zero volume in final minutes indicates institutional pause

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