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Information about Stellar (XLM)
Stellar is a blockchain platform that helps users transfer money and digital assets across borders with fast speed, reliability, and low cost. Specifically, Stellar is an open-source distributed payment network capable of connecting banks and payment systems with users, facilitating the trading of currencies and digital assets. Stellar is also a Blockchain Platform that allows developers to build applications, products or tokenize assets on their platform.
Stellar is focused on payments and helps users create tokens based on collateral. Essentially, Stellar is a fork (fork) of Ripple (XRP). However, starting in 2015, Stellar completed its consensus protocol, called the Stellar Consensus Protocol, and is no longer related to Ripple.
Some outstanding features of Stellar:
XLM (Stellar token) is a token operating on the Stellar platform, used for the following purposes:
News
Stellar’s XLM has surpassed XRP in on-chain transaction volume, recording over 192 million operations on April 7, 2025. This trend demonstrates XLM’s growing real-world utility, especially in cross-border payments.
XRP is currently experiencing price volatility, trading at approximately 1.88 USD, down nearly 10% in the last day. The token has struggled to maintain support levels after dropping below 2 USD.
Despite declining over 60% from its peak of 0.55 USD, XLM shows resilience at the 0.20 USD support level. The overall market conditions and increasing utility demand may positively influence XLM’s future price.
Stellar (XLM) has officially recorded a death cross on its daily charts, signaling its first major bearish indication of 2025. This occurs when the 50-day moving average drops below the 200-day average, suggesting possible downward trends in the near future.
As of the latest updates, XLM trades at 0.23 USD, reflecting a 6.33% drop in the past 24 hours and a loss of 16% over the week, influenced by a significant market sell-off impacting major cryptocurrencies like Bitcoin and Ethereum.
Despite the bearish signal, there is potential for a short-term recovery if XLM can sustain a rebound from its recent low of 0.20 USD. If successful, XLM may target higher resistance levels at 0.375 USD and 0.443 USD.
Stellar’s XLM token has increased by 6% in the past week, currently priced at 0.28 USD. However, the Chaikin Money Flow shows bearish divergence, indicating that buying pressure is weakening despite the price rise.
XLM has dropped over 50% since its peak last November. The funding rate is now negative, reflecting a bearish sentiment, which could lead to further declines if the price falls below 0.23 USD.
Stellar (XLM) is currently trading at 0.272 USD, above support at 0.259 USD, but struggles against bearish sentiment. The ongoing downturn reflects both a technical Death Cross and negative Chaikin Money Flow, suggesting continued selling pressure.
For recovery, XLM must break above 0.299 USD and 0.325 USD. However, given the prevailing market conditions, such a breakout appears unlikely. Moreover, if XLM descends below crucial support, further losses could be imminent.
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