Stellar’s XLM Climbs 5% Before Suffering Sudden Hour-End Plunge

Stellar’s XLM token showed notable volatility over the past 24 hours, climbing from $0.36 to a session high of $0.37 before a sharp late-hour reversal brought the price back to $0.36, representing a 5% intraday range. Strong support at $0.35 combined with surging trading volumes—28 million tokens at 07:00 and 82 million by midday—underscored heightened market participation.

Despite the final-hour retracement, XLM closed 1% above its opening level, preserving a bullish technical framework. The cryptocurrency has surged 288% over the past year, bolstered by Protocol 23 network upgrades and its growing role in cross-border payment solutions. However, competition from emerging PayFi platforms continues to create near-term volatility risks.

Technical Overview:

Support: $0.35
Resistance: $0.36
Intraday Peak: $0.37
Final-Hour Pullback: $0.36
Market Trend: Bullish fundamentals remain intact despite late-session retracement

XLM’s session highlights the combination of strong institutional interest and active trading, suggesting that volatility will remain a defining feature in the coming days.