Stellar's token, XLM, has surged past the $0.398 resistance level, driven by strong trading volume and growing demand for payment-focused crypto assets. After a period of consolidation between $0.39 and $0.41, where sellers limited the price rise and buyers defended support at $0.40, XLM's breakout occurred in the final trading hour. This rally from $0.396 to $0.399 was marked by over 1.55 million tokens traded, signaling institutional interest. The recent strength of XLM is attributed to macroeconomic factors, including evolving stablecoin regulations and inflation concerns, which have increased interest in blockchain-based payment solutions. Technical indicators suggest a bullish momentum, with support established around the $0.40 mark and new intraday highs achieved during this recent push. This development highlights a broader shift towards payment-focused tokens amidst a changing regulatory landscape.

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