XLM Surges to Five-Month High as PayPal and Franklin Templeton Drive $3B Volume Spike

Stellar (XLMUSDT) has seen notable volatility in the last 24 hours, with the current price on Binance at $0.4497, reflecting a 2.60% decrease from the 24-hour open of $0.4617. The recent price movements are primarily attributed to heightened investor interest following major developments, including PayPal's integration of its PYUSD stablecoin on the Stellar network and Franklin Templeton's tokenization of $446 million in U.S. Treasuries on Stellar, signaling increased institutional adoption and real-world asset use. These events contributed to a strong rally earlier in the week, with XLM reaching a five-month high and trading volume surging to over $3 billion. However, after an 80%+ weekly surge and a sharp increase in open interest, the market is experiencing a short-term pullback and consolidation as traders reassess positions and lock in profits. Stellar's market capitalization is approximately $14 billion, with a circulating supply of over 31 billion XLM and 24-hour trading volumes remaining elevated, indicating sustained market activity despite the recent price correction.