Stellar’s XLM sees 2.3% rise as institutional purchases stabilize at 0.36 USD

XLM gained 2.32% in a 24-hour span, trading between 0.36 USD and 0.37 USD. Institutional interest is solidifying support above 0.36 USD, amidst discussions around the GENIUS Act.

Paxos’ entrance into Stellar’s ecosystem is significant for regulatory compliance. Analysts see potential for further gains if XLM can break the 0.37 USD resistance.

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