XLM Holds Ground Amid Market Volatility as Payment-Sector Rivalry Heats Up

Stellar’s XLM navigated a volatile 24-hour trading session from Sept. 11 to Sept. 12, oscillating between $0.384 and $0.400 before closing near $0.393. The token saw early strength, advancing to session highs around $0.400, but selling pressure in the final hours pushed prices back toward support levels at $0.392. Market analysts note this late-session distribution activity underscores the corrective movement that has weighed on XLM despite its otherwise resilient ￰0￱ pullback coincided with rising competition in the payments ￰1￱ entrant Remittix has launched with a 15% USDT referral incentive and secured $25.2 million in funding, sharpening challenges to incumbents like Ripple’s XRP and Stellar’s ￰2￱ aggressive go-to-market strategy highlights intensifying rivalry in the cross-border payments arena, a sector long dominated by these two ￰3￱ the same time, some technical strategists see long-term upside for ￰4￱ Wave projections suggest the token could stage a 400% rally toward $1.96, a move that would place Stellar’s market capitalization in the $60–$71 billion ￰5￱ outlook hinges on broader adoption trends and the resilience of Stellar’s ecosystem as competition ramps ￰6￱ to market intrigue, a digital asset researcher has suggested Ripple and Stellar may be collaborating on a unified global financial infrastructure that leverages Zero-Knowledge cryptographic ￰7￱ unconfirmed, such a move would represent a significant step in aligning blockchain networks to enhance security, privacy and interoperability across global ￰8￱ Metrics Assessment XLM established a comprehensive trading range of $0.02 representing 4% volatility spanning $0.38 to $0.40.

Sustained bullish momentum maintained throughout opening 17 hours with 3% advancement supported by increased volume ￰9￱ peak of $0.40 achieved at midnight on 12 September before encountering technical ￰10￱ foundation established around $0.39 threshold containing the pullback during closing seven ￰11￱ 60 minutes demonstrated bearish pressure with decline from $0.39 to $0.39 confirming broader corrective ￰12￱ summit of $0.39 at 11:24 before sharp reversal at $0.39 resistance threshold. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our ￰13￱ more information, see CoinDesk's full AI Policy .