Stellar (XLM) Drops 1.79% Daily Amid PayPal Partnership

Generado por agente de IACoin World
sábado, 14 de junio de 2025, 12:53 pm ET1 min de lectura
PYPL--

Stellar (XLM) has experienced a significant decline, currently trading at $0.2563 USD, marking a −1.79% daily decrease. This drop places the token near its monthly low, with a −15.64% decline over the past 30 days and a −22.80% year-to-date decrease. Over the past six months, XLMXLC-- has seen a substantial −40.44% drawdown. Despite these recent setbacks, XLM has shown remarkable long-term resilience, with gains of +163.01% over the past year and +245.80% over the last five years.

Technical indicators for XLM are currently neutral to bearish. The token is approaching a critical support zone near $0.25, a level where it has historically seen consolidation and bounce attempts. A breakdown below this support could expose XLM to further downside, potentially dropping to the $0.21–$0.23 range. Conversely, a recovery and close above the $0.27–$0.28 range could validate a near-term bullish reversal. Traders are closely monitoring the situation, awaiting volume-backed price movements around current levels.

Stellar has recently formed a partnership with PayPalPYPL-- to integrate PYUSD, PayPal’s upcoming stablecoin, onto its network. This collaboration aims to enhance cross-border payments by enabling low-cost, real-time transfers. PayPal plans to launch PYUSD on StellarSTEL-- once it secures the necessary regulatory approvals. Since the announcement, XLM has seen mixed price action, reflecting profit-taking after the news despite the long-term benefits of deeper integration with PayPal’s payment infrastructure. Traders are awaiting further clarity on PYUSD’s launch timeline and network performance under increased demand.

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