TLDR
- Stellar’s token (XLM) has recorded an impressive 11% price increase within 24 hours, pushing it past SUI to become the 12th largest cryptocurrency
- Trading metrics show strong momentum with $154M in volume and an RSI reaching 71, suggesting robust market interest
- Technical patterns indicate a potential move toward $0.52, supported by a clear double bottom formation
- The market witnessed $1.5M in short position liquidations, while a critical support zone between $0.40-$0.41 remains crucial for price stability
- XLM’s market cap has grown by over $4B in early 2025, positioning it within striking distance of AVAX’s $15.34B valuation
The cryptocurrency markets witnessed a remarkable shift as Stellar’s XLM token secured an 11% price increase over the past 24 hours. This movement has propelled the digital asset to a trading price of $0.467, marking a new weekly high and reshaping the market cap rankings.
Market data reveals XLM’s total valuation has reached $14.21 billion, establishing its position as the 12th largest cryptocurrency by market capitalization. This achievement comes after overtaking SUI in the rankings, highlighting the token’s growing market presence.
The surge represents a continuation of XLM’s strong performance in early 2025, with the token’s market cap expanding by more than $4 billion since the year began. This growth trajectory has caught the attention of market participants and analysts alike.
Trading volumes have surged alongside the price movement, with $154 million in XLM changing hands during the recent rally. This elevated trading activity suggests broad market participation and growing interest in the asset across various trading platforms.
Technical analysts have identified a double bottom pattern on XLM’s four-hour chart, traditionally considered a reliable indicator of trend reversal. The completion of this pattern, combined with a breakthrough above key resistance levels, provides technical validation for the current upward movement.
The token’s Relative Strength Index has climbed to 71, approaching overbought territory but maintaining strong momentum. While this reading suggests robust buying pressure, it also indicates that some consolidation might occur as the market digests recent gains.
Chart analysis points to the 1.618 Fibonacci extension level at $0.52 as the next major target for XLM. This price point represents a potential monthly high if the current market strength persists. The Moving Average Convergence Divergence indicator supports this outlook, displaying positive momentum with an upward bias.

Recent market data from Coinglass shows the liquidation of over $1.5 million in short positions during the price surge. These forced closures of bearish positions have contributed to the upward price pressure, creating a feedback loop of positive price action.
Funding rates for XLM have turned positive across major exchanges, indicating that traders holding long positions are willing to pay to maintain their bullish bets. This metric suggests overall market sentiment remains optimistic, though it also points to increased leverage in the market.
A critical factor to monitor is the presence of a major liquidation zone between $0.40 and $0.41. This price range contains a concentration of long positions that could face forced closures if the market experiences a sudden downturn, potentially leading to increased price volatility.
The current market structure shows the formation of support levels below the present price, which may help sustain the upward trajectory. However, the existence of liquidation clusters adds an element of uncertainty to the market dynamics.
In the broader market context, XLM now stands just behind Avalanche (AVAX), which maintains a market capitalization of $15.34 billion. The gap between these two assets has narrowed considerably during the recent price action.
To achieve a position among the top ten cryptocurrencies, XLM would need to add approximately $5 billion to its market capitalization to surpass Tron (TRX). This milestone appears increasingly feasible given the token’s recent performance and market momentum.
Trading data indicates continued buying pressure, with support levels holding firm at key technical points. The four-hour chart maintains its bullish structure, backed by healthy trading volumes and positive technical indicators.
Latest blockchain metrics show increased network activity coinciding with the price movement, though transaction volumes have remained within normal parameters for the Stellar network. At press time, XLM continues to trade near its weekly high of $0.467, maintaining the gains achieved during the recent surge.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support