Stellar (XLM) Drops 1.79% Daily Amid PayPal Partnership

Generated by AI AgentCoin World
Saturday, Jun 14, 2025 12:53 pm ET1min read
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.

Quickly understand the history and background of various well-known coins

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet