BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Stellar (XLM) Open Interest Spikes — Is a Breakout Finally on Deck?

Gary Ponce by Gary Ponce
April 17, 2025
in CRYPTO, FINANCE, OPINION
Reading Time: 4 mins read
3
SHARES
46
VIEWS
Share on XShare in TelegramShare on Reddit
  • Three massive XLM whale transactions totaling $245M occurred within five minutes, including a 90M XLM transfer to dead wallets — raising eyebrows across the market.
  • The purpose of the transfers remains unclear, sparking speculation about potential sell-offs, custodial moves, or strategic burns, all of which could impact price sentiment.
  • XLM’s price sits near $0.235, down slightly, and while technicals remain shaky, some traders are eyeing bullish futures signals and long-term fundamentals for stability.

Stellar (XLM), often dubbed the quiet rival to XRP, might be gearing up for a breakout — and the open interest numbers are starting to tell the story. In the past 24 hours alone, open interest jumped 2.96%, with a decent 2.23% push in just the last four hours. Something’s definitely brewing.

Investors Are Leaning In — Confidence Rising

According to data from CoinGlass, a total of 483.42 million XLM — roughly $117.68 million in value — is now tied up in futures open interest. For anyone new to the game, that figure reflects all outstanding XLM futures contractsthat haven’t been settled yet.

And what does a rise in open interest usually mean? Simple: traders are locking in positions because they think a big move’s coming. In this case, that move might just be up.

Price Wobbles, But Momentum’s Still Building

At the moment, XLM is trading around $0.2429, which is a slight 0.67% dip in the last day. Not the most thrilling action on the chart — but zoom out a bit, and it tells a different story. Over the past week, Stellar has managed a 6% climb, which has been enough to spark a fresh wave of optimism.

On the technical side, the four-hour chart is looking tight. XLM’s creeping up near the resistance line of an ascending triangle, and that pattern — more often than not — resolves in a breakout.

The key level to watch? $0.2460. If XLM breaks above that and holds, we could be staring down a push to higher ground.

From Sell-Off to Set-Up

Not too long ago, XLM had traders sweating. After a heavy dip, prices fell to $0.2368, and sentiment got shaky. It felt like maybe that was it — maybe the coin was heading into full correction mode.

But it didn’t collapse. In fact, buyers stepped in, and the coin started rebounding. That alone gave bulls a reason to re-enter — and now, with the market showing signs of tightening up, some are betting we’re on the verge of something bigger.

Analyst Eyes 15% Surge If Pattern Plays Out

Ali Martinez, one of the more well-followed names in the space, chimed in recently with a note about Stellar’s technicals. He pointed to the triangle pattern forming on the chart and mentioned that if the setup completes, a 15% price swing could be in play.

That kind of move wouldn’t just be nice — it’d be a statement. Especially considering how XLM’s been dealing with shaky support and general market indecision in recent weeks.

Final Thoughts

The rise in open interest, the rebound from sell-off lows, the bullish triangle forming on the charts — it’s all adding up. XLM still needs to clear resistance at $0.2460, but the pieces are falling into place. Investors are watching. Futures traders are already positioning. The question now? Can Stellar deliver the breakout or will this just be another fakeout in disguise?

Guess we’ll find out soon.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $XLMAli MartinezCoinglassStellarWhale Alert
Tweet1ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?
CRYPTO

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?

September 3, 2025
Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade
CRYPTO

Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade

September 3, 2025
Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts
CRYPTO

Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts

September 3, 2025
HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back
CRYPTO

HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back

September 3, 2025
SEI Holds Steady but Faces Bearish Pressure Ahead
CRYPTO

SEI Holds Steady but Faces Bearish Pressure Ahead

September 3, 2025
Hyperliquid Battles Whale Shorts as HYPE Struggles Near $40
CRYPTO

Hyperliquid Battles Whale Shorts as HYPE Struggles Near $40

September 3, 2025
Load More

Related News

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?

September 3, 2025
Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade

Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade

September 3, 2025
Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts

Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts

September 3, 2025
HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back

HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back

September 3, 2025
SEI Holds Steady but Faces Bearish Pressure Ahead

SEI Holds Steady but Faces Bearish Pressure Ahead

September 3, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews