Stellar's XLM Token Gains 4% as Technical Indicators Signal Institutional Interest

Stellar’s XLM token saw a sharp rally during a 23-hour period between September 8 and 9, advancing 4% from $0.37 to $0.38 on heavy institutional flows. Trading volume surged to 90.25 million tokens at the September 9 breakout, more than double the 24-hour average, according to market data. A Wall Street proprietary trading desk highlighted the move, noting that resistance formed at $0.39 as corporate accounts began consolidating. Analysts described the $0.38–$0.39 range as a zone of institutional accumulat ...