Stellar XLM open interest rose 4.63% in 24 hours, signaling growing bullish conviction; 917.26M XLM ($376.97M) is now committed to futures, concentrated on Bitget, Binance and Bybit — a surge that supports a near-term XLM price target toward $0.50 if volume recovers.
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Open interest jumped 4.63% to 917.26M XLM (≈ $376.97M)
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Top exchanges: Bitget 26.3% (240.97M XLM), Binance 23.2%, Bybit 19.21%
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Price action: XLM trading near $0.4113 with RSI 57.82; low volume is the main hurdle
Stellar XLM open interest surged 4.63% to 917.26M XLM (~$376.97M). Read the latest data and what it means for XLM’s near-term $0.50 target — actionable analysis and key takeaways.
What is Stellar’s open interest surge and how does it affect XLM price?
Stellar XLM open interest rose 4.63% in 24 hours, bringing 917.26 million XLM (≈ $376.97 million) into futures positions. Higher open interest combined with price appreciation typically signals growing trader conviction and can amplify bullish momentum toward key targets like $0.50 if liquidity and volume follow.
How are exchanges contributing to the open interest increase?
Exchange concentration shows where leverage and risk are building. Bitget leads with 26.3% of total open interest — 240.97M XLM (~$99.15M). Binance and Bybit follow at 23.2% and 19.21% respectively, contributing roughly $87.46M and $72.45M in fiat value. These figures indicate that a handful of venues hold the majority of futures exposure.
| Exchange | Share (%) | XLM Committed | Approx. Value (USD) |
|---|---|---|---|
| Bitget | 26.3% | 240.97M XLM | $99.15M |
| Binance | 23.2% | — | $87.46M |
| Bybit | 19.21% | — | $72.45M |
How strong is XLM’s current technical setup?
XLM is trading around $0.4113, with an intraday high near $0.4141. The Relative Strength Index (RSI) at 57.82 shows room for upside before overbought territory. However, 24-hour trading volume is down 7.35% to $299.88M, which could limit sustainable rallies unless buyers return to spot and derivatives markets.
Frequently Asked Questions
Why does open interest matter for XLM traders?
Open interest measures the number of active futures contracts. A rising open interest, when accompanied by price gains, often reflects fresh buying interest and increased leverage, which can magnify moves in XLM’s price over short to medium terms.
Can Stellar reach $0.50 soon?
Historical September strength and current momentum make $0.50 a plausible near-term target. Key prerequisites are renewed trading volume and sustained open interest. Past patterns from 2016, 2018 and 2022 suggest seasonal upside, but outcomes depend on liquidity and market flows.
Key Takeaways
- Open interest rose 4.63%: 917.26M XLM (~$376.97M) indicates increased futures participation.
- Exchange risk concentration: Bitget (26.3%), Binance (23.2%), Bybit (19.21%) hold most exposure.
- Price vs. volume: XLM near $0.4113 with RSI 57.82; low volume is the key obstacle to a sustained move to $0.50.
Conclusion
Stellar XLM’s recent open interest surge is a bullish signal that, combined with a constructive RSI and historical seasonal patterns, supports a near-term target of $0.50 — provided trading volume returns. Traders should monitor exchange concentration, open interest trends and spot liquidity for confirmation. COINOTAG will continue tracking data from CoinGlass and exchange reports and update this analysis as conditions evolve.
Published: 2025-09-13 · Updated: 2025-09-13 · Author/Org: COINOTAG
