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XLM Crypto’s 613,490,000 Surge in Open Interest: Big Price Breakout Incoming?

source-logo  thecoinrepublic.com 4 h

Key Insights:

  • XLM crypto has registered an uptick in Open Interest as the price recovers.
  • Dom Kwok of EasyA teased a possible collaboration with Stellar to drive adoption.
  • Analysts are predicting the likely surge of XLM price to $0.35.

Stellar (XLM) crypto has recorded a 4.04% spike in Open Interest in the last 24 hours.

The development suggests that investors in the derivatives market are bullish on price recovery.

Notably, the XRP rival’s price has fluctuated over the last seven days, dipping to $0.2539 before it started its recovery journey.

This open interest rebound is a sign of renewed bullish sentiment.

Binance Exchange Leads XLM Crypto Futures Surge

Stellar investors’ renewed interest has led them to commit over $162.06 million to the XLM’s futures market.

This interest emphasizes Stellar holders’ confidence in a bullish recovery amid the recent price fluctuations.

According to CoinGlass data, traders on the Binance exchange dominated Stellar’s Open Interest, with 177.56 million XLM crypto valued at about $46.93 million.

Bitget and Bybit traders were two other notable leading exchanges, accounting for 21.97% and 20.66% respectively.

In that order, these traders committed $35.61 million and $33.48 million for 134.92 million XLM and 126.69 million XLM.

Other significant contributors to Stellar’s Open Interest figures are the OKX exchange, which contributed $10.19 million, WhiteBIT, which contributed $9.93 million, and MEXC, which contributed $7.84 million.

XLM Futures Open Interest | Source: CoinGlass

This spike in Open Interest in the Stellar ecosystem suggests that new funds enter the market as investors bet on new positions.

With the value of XLM crypto rising, the increasing Open Interest indicates that Stellar will likely sustain its current momentum.

EasyA-Stellar Partnership Speculation Drives Momentum

Amid this uptick, the Stellar community could soon witness a major partnership or project that might further support XLM crypto adoption.

According to an update by Dom Kwok, co-founder of EasyA, a Web3 education platform, the startup may soon collaborate with Stellar.

Source: Dom Kwok on X

Although Kwok did not share details, it is likely an initiative involving wallet integration, DeFi tools, or real-world payment applications.

A collaboration between EasyA and Stellar’s fast, low-fee blockchain could support further adoption and drive growth.

Some users, reacting to the update, have speculated that it might be similar to how the Stellar blockchain supports Fonbnk to target the unbanked population.

In the case of EasyA, the collaboration with Stellar could border on solving educational challenges or hackathons.

This could encourage developers to build DeFi and payment solutions on Stellar’s blockchain.

Is XLM Crypto Price of $0.30 in Sight?

The spike in open interest and other ecosystem development has boosted Stellar’s price as of press time.

According to market data, Stellar was changing hands for $0.2684, representing a 5.26% increase in the last 24 hours.

In earlier trading sessions, XLM crypto price climbed from a low of $0.2549 to a peak at $0.2648 in the market. The slight correction was due to lingering volatility.

Meanwhile, investors remain active, pushing trading volume up by a massive 55.38% to $154.08 million within the same period.

The current momentum suggests that XLM has found support above the $0.25 zone, and if momentum persists, it could trigger a breakout.

Stellar could surge in value to between $0.30 and $0.35 before the end of December 2025.

However, if Stellar cannot sustain the current trajectory and faces resistance at $0.28, it could plunge to $0.23 or $0.24.

XLM Crypto investors might want to watch out for a possible death cross ahead, which could impact the price outlook.

thecoinrepublic.com