Grayscale's XLM Trust Spurs Stellar's 180% Surge Amid Ripple Comparisons

Stellar's XLM token surged 58% in value following Grayscale Investments' 10-K filing for its Stellar Lumens Trust, which reported a 10% increase in net assets despite previous losses. The price reached $0.45, its highest since 2021, but technical indicators like the RSI and Bollinger Bands suggest the token is overbought and may face a short-term decline. If the price corrects, it could drop to support levels at $0.35 or $0.23, though continued buying pressure might push it to $0.52.