Stellar (XLM) Gains Momentum After Bitcoin.com Wallet Integration

Stellar’s native token, XLM, posted a strong rally over the past 24 hours, climbing from $0.39 to $0.40 and briefly touching above $0.41. The price surge was accompanied by trading volumes more than double the daily average, highlighting strong market participation. Key technical levels have now formed with support at $0.40 and resistance around $0.41, suggesting possible consolidation before the next decisive move.

The bullish momentum followed the announcement that Bitcoin.com Wallet has integrated Stellar, granting millions of users access to its fast, low-cost payment network and growing DeFi ecosystem. This development significantly expands Stellar’s reach within mainstream crypto wallets, fueling optimism about adoption and utility. Institutional interest in blockchain-based payments also continues to build, adding to XLM’s upward momentum.

Technical data reinforced the rally’s strength. The move unfolded in two distinct phases: an initial climb to $0.40, followed by a breakout past $0.41 during overnight sessions. Trading volumes during the surge were exceptional, with peaks of 90.15 million and 61.23 million compared to the 24-hour benchmark of 36.85 million. Between 13:11 and 14:10 UTC on October 2, XLM spiked to $0.41 with hourly trading activity nearly double its norm, underscoring robust bullish sentiment.

Volume spikes also stood out, with surges surpassing 1.4 million during 13:45–13:51 UTC—well above the hourly average of 750,000. These figures indicate growing market engagement, as traders repeatedly tested resistance near $0.41 while buyers defended the $0.40 threshold. The balance of buying pressure and profit-taking suggests that XLM’s upward trajectory remains intact, with $0.40 acting as a crucial psychological floor.

With rising adoption, strong institutional demand, and increasing volumes, Stellar appears well-positioned to sustain its bullish outlook as it navigates key resistance zones.