BTCC / BTCC Square / CoindeskEN /
Stellar’s XLM Jumps 2.3% as Institutional Demand Fortifies $0.36 Support Level

Stellar’s XLM Jumps 2.3% as Institutional Demand Fortifies $0.36 Support Level

Author:
CoindeskEN
Published:
2025-09-08 10:05:49
10
1

Institutional money floods into Stellar's XLM, pushing gains as major players anchor the digital asset at critical support.

The Institutional Floor

Big money isn't just talking—it's buying. XLM's 2.3% surge didn't happen in a vacuum. Heavyweight investors built a fortress at $0.36, creating a foundation that retail traders can actually trust for once.

Beyond the Price Pump

This isn't some meme-fueled pump. Institutions don't chase hype—they chase infrastructure. Stellar's cross-border payment network finally gets the recognition it deserves, proving that real utility sometimes does win over speculative gambling.

Wall Street's playing with crypto again—just don't expect them to admit it at their next shareholder meeting.

XLM/USD (TradingView)

Market Analysis Points to Continued Corporate Interest
  • XLM established a defined trading range between $0.36 support and $0.37 resistance during the 24-hour observation period.
  • Peak trading volume of 129.15 million units at 14:00 on September 7 reinforced price support at the $0.36 threshold.
  • Sustained trading activity above $0.36 suggests ongoing institutional accumulation and potential for additional price appreciation.
  • Final hour trading data from September 8, 07:24 to 08:23, showed volume exceeding 2.5 million units supporting the advance to $0.37.
  • Technical indicators point to established support at $0.36 with upward price channel formation suggesting continued bullish sentiment among institutional investors.

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.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users