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XLM Edges Higher 2.6% to $0.25 as U.S. Bank Tests Stablecoin Pilot
Major banking institution selects XLM network for programmable digital currency pilot program
Nov 26, 2025, 6:03 p.m.
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What to know:
- XLM rose from $0.2441 to $0.2505 over the 24-hour trading window.
- U.S. Bancorp launched proprietary stablecoin testing on Stellar blockchain.
- Trading volumes jumped 45% above averages during $0.2460 resistance break.
Stellar’s XLM posted steady gains through Tuesday’s session, extending momentum from a banking-driven catalyst.
The token traded in a tight $0.0132 range, reflecting 5.4% intraday volatility, with its primary advance beginning Monday at 15:00 UTC on unusually heavy volume of 38 million tokens. Overall trading activity ran 45% above the 24-hour average of 21.7 million, pushing XLM cleanly through the $0.2460 resistance level.
STORY CONTINUES BELOW
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The rally aligned with reports that U.S. Bancorp – the fifth-largest U.S. bank by assets – selected Stellar’s blockchain for institutional stablecoin testing.
Volume patterns reinforced the move, with the 07:00–09:00 UTC breakout block showing clear signs of institutional participation and pullbacks holding above rising support levels.
Late-session price action capped the advance, with XLM jumping from $0.2495 to $0.2522 in the final hour on volumes topping 850,000 tokens. A rapid 13:37–13:42 UTC thrust confirmed the breakout above the $0.2500 psychological level.
Key Technical Levels Signal Continuation Potential for XLM
Support/Resistance: Primary support holds at ascending trendline connecting overnight lows, resistance cleared at $0.2500 with cycle high target at $0.2556.
Volume Analysis: Monday's 38.0M surge ran 45% above averages, confirming institutional flows coinciding with banking catalyst.
Chart Patterns: Ascending trend structure shows controlled consolidation indicating accumulation over speculative activity.
Targets & Risk/Reward: Immediate target at $0.2556 cycle high with support maintained above $0.2495 breakout level.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Wall Street remains bullish on bitcoin while offshore traders retreat
The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.
Ano ang dapat malaman:
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- The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.
- Bitcoin’s price movement aligns with quantum computing stocks, suggesting a broader market trend rather than a specific quantum risk factor.
