XLM Surges 3.7% as Final-Hour Breakout Drives Fresh Momentum

Stellar’s token XLM saw a notable increase of 3.7% within 24 hours, rising from $0.36 to $0.37, driven by significant trading momentum and two key breakout phases. Initially, on September 28 at 22:00, XLM spiked to $0.37 with trading volume almost double the daily average of 18.47 million units. Another surge occurred on September 29 at 13:00, again supported by robust volumes exceeding 31 million units. The most explosive moment came between 13:10 and 14:09 when XLM surged 1.64%, breaking through resistance at $0.366. Notably, the trading volume exceeded 1.9 million units during this breakout. Stellar’s strategic expansion of banking partnerships in Southeast Asia and the development of its Soroban smart-contract platform align with increasing institutional and retail interest. Despite currently trading below $1.00, XLM continues to attract traders looking for accessible entry points into blockchain investments, further solidifying its role in cross-border financial innovation.

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