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Tron (TRX) Gains Spotlight as Stellar’s XLM Faces Volatility Despite Rain Integration

Tron (TRX) Gains Spotlight as Stellar’s XLM Faces Volatility Despite Rain Integration

Author:
TRX News
Published:
2025-05-31 08:11:14
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Stellar’s native token XLM experienced a sharp 6% decline over 24 hours, dropping from $0.288 to $0.271, despite the positive news of Rain, a global card issuer, adding support for stellar alongside Solana and Tron. The sell-off occurred amid high trading volumes, breaking a key trendline that had previously marked XLM’s recovery from April lows. Technical indicators now show strong resistance at $0.280, with support forming around $0.270. This volatility highlights the unpredictable nature of the crypto market, even in the face of bullish developments. Meanwhile, Tron (TRX) continues to attract attention as part of Rain’s expanded support, positioning it as a potential beneficiary of the shifting market dynamics. Investors are closely watching these developments, as the integration with traditional finance platforms like Rain could pave the way for broader adoption and stability in the long term.

Stellar’s XLM Drops 6% Amid High-Volume Sell-Off Despite Rain Integration

Stellar’s native token XLM fell sharply by 6% over 24 hours, with trading volumes spiking at midnight. The decline occurred despite Rain, a global card issuer, announcing support for Stellar alongside Solana and Tron. XLM dropped from $0.288 to $0.271, breaking a key trendline that had marked its recovery from April lows.

Technical indicators show strong resistance at $0.280, with support forming around $0.270. A brief recovery attempt faltered as selling pressure resumed. Rain’s integration offers a silver lining, enabling stablecoin spending on high-throughput networks—a step toward broader adoption.

Solana Targets $200 as TRON Nears Record High; Unilabs Emerges as AI-Driven DeFi Contender

Solana’s price surged 5% this week, breaking above $175 as bullish momentum builds toward a potential $200 threshold. Analysts speculate further upside, with some projecting a parabolic $1,000 target by year-end. Meanwhile, TRON flirts with December’s all-time highs, capitalizing on shifting altcoin focus as Bitcoin consolidates between $105K-$110K.

Unilabs enters the spotlight with its AI-powered launchpad, amassing $30M in AUM by Q2 2025. The platform’s fusion of machine learning with multi-strategy funds—spanning RWAs, bitcoin mining, and AI infrastructure—positions it as a disruptive force in decentralized finance. Early-stage presale participation offers investors first-mover advantage in what market observers deem a high-potential AI token.

Top 3 Crypto Gems Under $0.50 Set to Soar in the Next Bull Run

Dogecoin (DOGE), TRON (TRX), and Mutuum Finance (MUTM) emerge as standout low-cost cryptocurrencies poised for significant gains in the upcoming bull market. DOGE, trading at $0.2051, demonstrates resilience amid market volatility, with analysts projecting a June target of $0.37 fueled by community sentiment and potential ETF developments. TRX, steady at $0.27, continues to dominate DeFi transaction volumes, reinforcing its position as a blockchain heavyweight.

Mutuum Finance, currently in Phase 5 presale at $0.03 per MUTM, offers early investors a 200% growth opportunity before its official $0.06 launch. The token’s presale structure guarantees a minimum 2x return for current participants, making it a compelling proposition for risk-tolerant capital.

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