XLM increases by 6% to recover from weekend decline

Stellar’s XLM surged 6% in the last 24 hours, closing at 0.35 USD. The trading fluctuated between 0.33 and 0.35 USD, briefly dropping to 0.34 USD before recovering.

Strong institutional buying was noticed during the final trading hour, validating bullish momentum. The robust demand may facilitate XLM’s upward trend moving forward.

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