XLM experienced a tumultuous trading session on September 1, 2025, plunging 5% from $0.36 to $0.34 before recovering back to $0.36. The session began with stability but was disrupted by a significant selloff in the evening. During the 24-hour window, trading volumes surged past 70 million units, indicative of institutional selling pressure. The volatility was compounded by Bithumb's announcement to suspend XLM deposits due to upcoming network upgrades, contributing to the market’s cautious sentiment. Despite recovering to $0.36, XLM faced resistance at this level, suggesting a range-bound movement may precede a breakout. Trading data highlighted intensified selling in the final hour as over 1.28 million tokens were traded at the low point. Overall, while Stellar's expansion in Africa and institutional buying actions provided some support, technical dynamics emphasized bearish momentum at day's end, with an established resistance between $0.34 and $0.36.

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