Stellar (XLM) rose 12% over the last 24 hours, surpassing the overall crypto market’s performance. The surge followed a period of subdued price action earlier in the week. Investors are now closely watching whether the momentum can sustain.
Price Momentum
The token’s price climbed more than 11% on Tuesday, pushing it nearer to a technical resistance zone that could dictate its next movement. Traders cited the early‑week gains as a catalyst for fresh buying pressure. The rally aligns with a broader uptick in market optimism.
Derivatives and Funding Trends
Open interest for XLM contracts expanded to $261 million, according to CoinGlass data. Higher