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Stellar's native token, XLM, has experienced a significant surge of 12%, driven by bullish on-chain data and a recent upgrade. The futures open interest for XLM spiked 47.24% to $42.01 million, while derivatives volume increased by 229.81% to $184.91 million, indicating heightened trading activity. This surge is further supported by the launch of Stellar's Soroban smart contract platform. Additionally, Stellar has allocated $100 million to fund projects leveraging Soroban's capabilities. A bullish divergence on the daily chart points to a potential rebound.
STELLAR (XLM) SOARS 12%: ANALYSTS PREDICT MORE GAINS Stellar’s native token XLM just shot up 12%, backed by bullish on-chain data and a recent upgrade. Futures OI for XLM surged 47.24% to $42.01M, while derivatives volume jumped 229.81% to $184.91M, showing increased trading… https://t.co/GHuRg0pTYI
XLM UP 12%: MORE GAINS AHEAD? Stellar's XLM surged 12% thanks to bullish on-chain data and a recent upgrade. Futures OI for XLM spiked 47.24% to $42.01M, with derivatives volume up 229.81% to $184.91M, indicating high trading interest. The launch of Stellar’s smart contract… https://t.co/SWHY1vTSJE
STELLAR (XLM) SOARS 12%: ANALYSTS PREDICT MORE GAINS Stellar’s native token XLM just shot up 12%, backed by bullish on-chain data and a recent upgrade. Futures OI for XLM surged 47.24% to $42.01M, while derivatives volume jumped 229.81% to $184.91M, showing increased trading… https://t.co/4gwDIhBjZi