Stellar Loses Critical Level With Trading Activity Doubling in a Day

Stellar Slides Below Key $0.380 Support

XLM fell from $0.398 to $0.380 over the past 24 hours, driven by heavy institutional liquidations. Trading volume surged 115% to $402 million, underscoring extreme market activity.

The token rebounded to $0.389 by session close, while resistance remains at $0.393. A new U.S.-based crypto ETF including Stellar may provide additional institutional support.