Key Insights: The currency recorded $XLM
The digital currency is seeing an increase in open interest as its price recovers.
Dom Cook hinted at the possibility of collaboration with S, tellar to enhance adoption.
Analysts expect a potential rise in the price of $XLM to $0.35.
St, ellar ($XLM ) recorded a 4.04% increase in open interest over the past 24 hours.
This development indicates investor optimism in the derivatives market regarding price recovery.
Notably, the price of competitor XRP has fluctuated over the past seven days, dropping to $0.2539 before beginning its recovery journey.
This recovery in open interest is a sign of renewed bullish sentiment.
The #Binance exchange leads an increase in #XLM digital futures contracts
Renewed interest from Stellar investors has led to more than $162.06 million being invested in the XLM futures market.
This interest confirms Stellar holders' confidence in a bullish recovery amid recent price volatility.
According to Coin, Glass data, traders on the Binance platform dominated open interest for Stellar, with the number of XLM tokens reaching 177.56 million coins, worth approximately $46.93 million.
In this arrangement, these traders committed $35.61 million and $33.48 million against 134.92 million XLM and 126.69 million XLM.
Open XLM futures contracts
This increase in open contracts in the St, ellar ecosystem indicates new funds entering the market as investors bet on new positions.
As the value of the XLM cryptocurrency rises, the increasing open contracts indicate that St, ellar is likely to maintain its current momentum.
Speculation around E, asy, A-Stellar is boosting momentum.
Amid this rise, the S, tellar community may soon witness a major partnership or project that could support the adoption of the XLM cryptocurrency.
According to an update from Dom Cook, co-founder of E, asy, A, an educational platform on Web3, the startup may soon collaborate with St, ellar.
Source: Dom Cook on X
Although Cook did not disclose any details, it is likely to be an initiative involving wallet integration, decentralized finance (DeFi) tools, or practical payment applications.
The collaboration between E, asy, A and the fast and low-cost blockchain of St, ellar may support further adoption and drive growth.
Some users who interacted with the update predicted it would be similar to how the S, tellar blockchain supported Fo, nbnk to target unbanked categories.
In the case of E, asy, A, the collaboration with St, ellar may be limited to addressing educational challenges or organizing hackathon events.
This may encourage developers to build decentralized finance and payment solutions on the St, ellar blockchain.
Is it expected that the price of the XLM cryptocurrency will reach $0.30?
The rise in open interest and the development of other ecosystems have led to an increase in the price of St, ellar at the time of publication.
According to market data, Stellar's price was $0.2684, up 5.26% over the past 24 hours.
In previous trading sessions, the price of the XLM digital currency rose from a low of $0.2549 to a peak of $0.2648 in the market. This slight correction is attributed to ongoing volatility.
At the same time, investors remain active, driving trading volume up a massive 55.38% to $154.08 million during the same period.
Current momentum indicates that Stellar has found support above the $0.25 mark, and if the momentum continues, it could lead to a breakout.
The value of Stellar may rise to between $0.30 and $0.35 before the end of December 2025.
However, if Stellar cannot maintain its current trajectory and faces resistance at $0.28, it may drop to $0.23 or $0.24.
XLM Cr, ypto investors may want to monitor the possibility of a death cross in the future, which could impact price expectations.
