Stellar’s Open Interest Soars: Could It Outperform XRP?

Stellar’s XLM is experiencing a surge in open interest, reaching unprecedented levels. Analysts are closely watching this trend, particularly as the asset approaches resistance at the $0.2460 level. While there was a slight dip of 1.33% within the past 24 hours, XLM has seen a positive week-over-week growth of 3.23%, bouncing back from recent price declines. This increased activity in the Stellar futures market is raising questions about its future performance and whether it might eclipse XRP’s standing.