XLM Surges 3.7% as Final-Hour Breakout Drives Fresh Momentum

Stellar’s native token XLM posted a strong rally over the past 24 hours, climbing 3.7% from $0.36 to $0.37 on heavy trading ￰0￱ move was fueled by two distinct breakout phases: an evening surge on September 28 at 22:00 that carried prices to $0.37 on volume nearly double the daily average, followed by a secondary push at 13:00 the next day that reinforced bullish ￰1￱ sessions were supported by elevated volumes above 31 million units, signaling broad market ￰2￱ final hour of trading on September 29 proved particularly explosive, with XLM advancing 1.64% between 13:10 and 14:09. A breakout began at 13:42, marked by a sharp volume spike exceeding 1.9 million units on a single ￰3￱ surge carried the price through resistance at $0.366, establishing a fresh uptrend ￰4￱ went on to touch intraday highs near $0.372 before consolidating just below at $0.371 as volumes tapered ￰5￱ for Stellar’s token comes as the project continues expanding its footprint in the Asia-Pacific ￰6￱ has been strengthening its cross-border payment partnerships with Southeast Asian banks while developing Soroban, its smart-contract platform designed to broaden the network’s ￰7￱ moves align with increasing adoption of blockchain-based payment infrastructure within traditional finance, particularly for international transfer ￰8￱ XLM still trading under the $1.00 threshold, the token has also drawn retail traders who view lower-priced digital assets as accessible entry points into blockchain ￰9￱ with the institutional interest highlighted by the high-volume breakouts, Stellar’s recent performance underscores its positioning as both a retail-friendly token and a serious contender in cross-border financial ￰10￱ Indicators Signal Continued Strength XLM climbs from $0.36 to $0.37 with $0.01 range posting 3.70% gains in 24-hour session ending September 29 14:00 Initial breakout hits $0.37 at September 28 22:00 on 31.93 million unit volume, crushing 18.47 million daily average Secondary surge reaches $0.37 at September 29 13:00 with 31.61 million unit volume spike Final 60 minutes from 13:10 to 14:09 deliver explosive 1.64% acceleration Breakout launches at 13:42 with volume erupting past 1.9 million units on 13:43 candle Price smashes $0.37 resistance, establishing fresh uptrend channel structure Support base forms at $0.37 with session peak touching $0.37 Consolidation near $0.37 on declining volume in closing minutes 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 ￰11￱ more information, see CoinDesk's full AI Policy .