Usman Salis
Stellar (XLM) cryptocurrency has entered a bullish phase with a significant 9% price increase, accompanied by a massive 51.53% surge in trading volume as the digital asset breaks out from recent resistance levels.
Stellar (XLM) Trading Volume Skyrockets by Over 51%
Stellar (XLM) is demonstrating strong bullish momentum as the broader altcoin market shows signs of recovery. The cryptocurrency has recorded a substantial increase in investor interest, resulting in a remarkable 51.53% surge in trading volume, which reached $309.96 million over the past 24 hours.
This significant uptick in trading activity has propelled XLM into what appears to be a breakout phase, catching many hesitant market participants by surprise. The price action has been decisive, with XLM breaking above the $0.2495 resistance level in a rapid upward movement.
Within the same 24-hour period, XLM's price advanced by 9.03%, bringing its current trading value to $0.2725. This performance notably outpaced its rival XRP, which recorded an 8.48% gain during the same timeframe, suggesting a growing preference for XLM among crypto investors and traders.
Stellar (XLM) Outperforms Rival XRP in Recent Price Action
The competitive edge that XLM is currently demonstrating over XRP is particularly noteworthy given the historical comparison between these two digital assets. Both cryptocurrencies share similar utility in the global payment services sector, frequently drawing comparisons from analysts and investors alike.
XLM's superior performance in the current market cycle indicates it may be gaining increased traction among market participants. If the present accumulation trend continues, analysts suggest XLM could potentially reclaim the $0.31 price zone, a level it last traded at approximately 30 days ago.
Looking at the broader picture, XLM has been quietly building momentum over the past week. The digital asset has appreciated by an impressive 15.63% over the seven-day period, establishing a steady upward trajectory that has culminated in the current breakout.
Stellar (XLM) Strategic Retail Partnership Fuels Bullish Sentiment
A significant factor potentially contributing to XLM's positive price action is the recently announced strategic partnership between Stellar and AEON Group, South Asia's largest retail firm. This collaboration represents a major step forward in the blockchain payment infrastructure deployment across the region.
According to the partnership details, AEON stores in Malaysia will begin accepting XLM payments in the second half of 2025. This development is expected to substantially increase demand for the Stellar token, potentially driving its value higher as adoption expands.
The retail partnership comes at a time when XLM's competitor, XRP, is also seeking institutional adoption in Asia through a collaboration with HashKey Capital to launch a tracker fund for the XRP token. These parallel developments highlight the intensifying competition between the two blockchain payment solutions in capturing market share within the rapidly evolving Asian financial ecosystem.
The combined effect of improving technical metrics and expanding real-world utility through strategic partnerships positions Stellar (XLM) favorably for continued growth, provided the broader market conditions remain supportive and the current accumulation trend is sustained by investors.
As institutional and retail adoption of cryptocurrency payment solutions continues to accelerate globally, XLM's recent performance suggests it is well-positioned to capitalize on these trends, potentially strengthening its position in the competitive landscape of blockchain-based global payment networks.
Usman Salis
