Stellar Lumens Breaks Resistance as Traders Drive 3% Rally

Markets

Share this article

XLM climbed from $0.40 to $0.41 over a 23-hour period as corporate trading volumes tripled, signaling renewed institutional appetite for blockchain-based payment networks.

By CD Analytics, Oliver Knight

Updated Oct 6, 2025, 4:28 p.m. Published Oct 6, 2025, 4:28 p.m.

"Stellar Lumens (XLM) price chart showing a 3% gain to $0.41 driven by increased institutional trading volume and corporate adoption of blockchain payment infrastructure."
  • Stellar Lumens (XLM) gained 3% between October 5 and 6, rebounding from a $0.39 floor with trading volumes exceeding 71 million tokens.
  • The token broke through key resistance at $0.41 amid strong institutional accumulation and rising corporate demand for cross-border blockchain settlement systems.
  • Analysts view XLM as an undervalued payments asset, projecting potential appreciation toward $1.00 in the next cycle of enterprise adoption.

Stellar Lumens (XLM) climbed 3% over a 23-hour stretch ending October 6, rising from $0.40 to $0.41 as institutional trading surged above 71 million tokens.

The move followed a technical rebound from $0.39, with traders driving demand during peak trading hours and supporting a steady rally through key resistance levels.

STORY CONTINUES BELOW

Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today.See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree to ourterms of useandprivacy policy.

XLM’s ability to hold above the $0.41 mark — a level that previously capped price gains — reflects continued institutional accumulation and confidence in the token’s long-term role within blockchain-based financial infrastructure.

Analysts view the consistent buying pressure from corporate accounts as evidence of growing recognition of Stellar’s enterprise utility.

Market strategists see further upside potential, identifying XLM as one of the more undervalued payment-focused tokens trading below $1.00.

They forecast the token could approach the $1.00 level in the next institutional adoption cycle as blockchain payment networks gain traction in the global corporate finance landscape.

XLM/USD (TradingView)
  • Strong institutional support established at $0.39 with corporate volume confirmation of 62.57 million tokens during October 5 trading session.
  • Technical resistance at $0.41 levels showed multiple institutional testing phases before successful breakout on corporate buying.
  • Ascending price trend from the $0.39 base provided consistent institutional support throughout the accumulation phase.
  • Corporate trading activity remained elevated during key price movements, particularly at 13:38 with 2.86 million token volume confirming institutional breakthrough above $0.41.
  • Sequential higher price levels demonstrated sustained corporate accumulation during final trading hour.
  • Daily trading volumes exceeded 71 million tokens during institutional trading hours, significantly above the 24-hour corporate average of 25.43 million.

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 standards. For more information, see CoinDesk’s full AI Policy.

More For You

By CoinDesk Data

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

  • Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025
  • Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platform
  • Open interest across centralized derivatives exchanges rose 4.92% to $187 billion

More For You

By CD Analytics, Oliver Knight

24 minutes ago

Hedera’s native token climbed 3% over the past 24 hours, breaking key resistance levels and sustaining momentum on surging volume

What to know:

  • HBAR advanced from $0.22 to $0.23 between Oct. 5–6, gaining 3% and recovering from earlier lows near $0.21.
  • The token broke multiple resistance levels with trading volume peaking above 70 million, signaling sustained bullish sentiment.
  • Investor demand for alternative assets intensified amid concerns over the U.S. government shutdown.

 

Leave a Reply

Your email address will not be published. Required fields are marked *