Following a significant daily price surge alongside a series of positive announcements, investors are watching how XLM's market momentum develops.
XLM's price and trading volume jump
XLM's price increased
↗12%
over the last 24 hours, outpacing the
↗7%
average gain for the Smart Contract Platform category. This move was accompanied by a
↗84%
surge in 24-hour trading volume.
Annual gains contrast with recent monthly dip
Over the past year, XLM’s price has risen
↗186%
, making it a top performer in its category. This long-term strength is set against a more volatile recent period, with the price declining
↘20%
over the last month.
Major financial players integrate with Stellar
Stellar's ecosystem saw several key developments, including payment firm Rain's expansion of stablecoin-funded Visa
cards to the network. Additionally,
WisdomTree launched a new European investment product for XLM, and a former blockchain lead from
PayPal joined the Stellar Development Foundation.