Stellar’s XLM Holds Firm as Institutional Interest Grows Amid Volatile Session

Core Insights - Stellar's native token, XLM, demonstrated resilience with fluctuations within a $0.02 range, indicating a tactical market response to intraday momentum [1][4] - Trading volumes surged to 44.04 million, nearly double the daily average, reflecting increased participation and institutional interest following Stellar's inclusion in WisdomTree's new exchange-traded product [2][7] - XLM experienced significant volatility, dropping to $0.33 before rebounding, supported by strong buying interest, highlighting market confidence in Stellar's technical foundation [3][7] Trading Activity - XLM traded within a range of $0.02 (4.45%) between $0.34 and $0.33 during a 24-hour period, with initial momentum leading to session highs around $0.34 [7] - The token faced selling pressure, declining from $0.34 to $0.33, representing a 2% contraction, coinciding with elevated trading volume [7] - A critical support zone has been established at $0.33, with substantial institutional purchasing interest noted during periods of price decline [3][7]