XLM Experiences 4% Surge Following Stellar Integration with Bitcoin.com Wallet
- Stellar’s XLM increased by 4%, rising from $0.39 to $0.40, with a peak at $0.41.
- Trading volumes reached over double the daily average, with notable spikes of up to 90.15 million.
- Support was established at $0.40, while resistance was noted near $0.41 during the trading period.
- Between October 2, at UTC times of 13:11 and 14:10, XLM briefly hit $0.41 on volumes nearly double the hourly average.
- Volume surges exceeded the hourly benchmark of approximately750,000 during key trading intervals.
The rise in XLM’s price follows the integration of Stellar into Bitcoin.com Wallet, enhancing access to its payment network and DeFi tools for millions of users. Institutional interest in blockchain-based payments is also contributing to this momentum.
As XLM tests critical resistance levels around $0.41 with strong support at $0.40, trading volumes indicate robust market engagement during this rally.(Source)
