Stellar’s XLM token saw sharp volatility over the past 23 hours, swinging between $0.38 and $0.39 in a tight but active trading range. The token’s most explosive move came between 08:00–09:00 UTC, when XLM spiked from $0.38 to $0.39 on surging volume of 70 million—more than triple its 24-hour average.

Trading momentum carried through the following hour, with volume staying elevated above 60 million before the price consolidated near the upper band of the range.

The morning rally was fueled by a mix of technical activity and strengthening fundamentals. Notably, a recent DTCC patent filing referenced both XRP and XLM as compatible networks for liquidity tokenization within systems that handle nearly $4 quadrillion in securities annually.

Meanwhile, the Stellar Development Foundation said

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