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Musadiq

06/20 13:23

Is reversal on the cards for XLM after Stellar and

Stellar and SushiSwap are in the news today after launching cross-chain swaps for $XLM and $USDC. These will allow users to move assets across multiple blockchain networks via SushiSwap’s multi-chain infrastructure. The integration is designed to improve accessibility for Stellar-based assets by connecting them to a broader pool of liquidity. Instead of relying on isolated ecosystems, users can now interact with $XLM and $USDC across different chains through a single framework. The announcement only adds to Stellar’s recent push towards improving interoperability. Cross-chain functionality has become a major focus across the industry as projects compete to attract users and liquidity from multiple ecosystems. $XLM traders turn active following the announcement At the time of writing, initial market data suggested that sentiment may have improved since. Over the last 48 hours alone, $XLM has recorded a noticeable increase in trading activity. Retail participation has also picked up, as depicted by the presence of many retail traders – Evidence of growing interest following the announcement. Spot Volume Bubble Map data also seemed to hint at overheating conditions. The network’s trading activity has reached elevated levels since the announcement too. While this seemed to allude to stronger demand, it also suggested that traders may have become increasingly aggressive in the short term. #2026 World Cup Posting Challenge on HTX Square #BTC Prophet: 20-Day 380 Million HTX Challenge #World Cup Predictions: 100,000 USDT Daily
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