Stellar Holds Support As Clarity Act Optimism Fades
Stellar (XLM)
Editor:
Eugene Serbin
DailyCoin reports that Stellar’s long-term fundamentals remain strong despite weakening near-term price momentum. Cilinix Crypto notes that network TVL rose from roughly $160 million to about $250 million this year, while stablecoin market capitalization expanded from around $200 million to nearly $1 billion. Despite these gains, XLM has struggled to clear resistance near $0.195 after optimism around the proposed Clarity Act slipped.
Changing expectations regarding Senate Democrats reduced the chance of an imminent regulatory breakthrough, which had been the main catalyst for recent momentum. The analyst argues that without a material policy or market catalyst, the base case is a rejection from current levels rather than a sustained move higher. XLM has largely consolidated since July, with support around $0.17 and resistance clustered around $0.195 to $0.205.
Key technical levels cited include the previous quarter’s VWAP near $0.205 and a prior monthly value-area high around $0.195. Derivatives positioning shows increased leverage, but funding rates remain positive without clear signs of buying absorption. Historically, Stellar has reacted more favorably when funding rates turn negative, suggesting the current market lacks conditions for a sharp upside move. A move above $0.195 could open targets around $0.22, $0.225 and $0.238, but this depends on renewed fundamental momentum.
How the market reacted
Whalio's own Binance spot order flow for XLM, measured when this story was written up on 15 September 2026. Not the outlet's figures.
XLM is trading at $0.1916 with a 1-hour buy ratio of 54.7%, indicating short-term buyers are currently in control. However, the 4-hour buy ratio has dropped to 49.0%, suggesting that buying pressure is fading over a slightly longer timeframe compared to the 24-hour average of 51.4%. The 1-hour volume delta is positive at +$87,973, showing immediate net buying, while the 4-hour delta is negative at -$188,479, indicating net selling over that period. Over the last 24 hours, the volume delta stands at +$837,138, but the cumulative volume delta (CVD) closed at -$875,277, meaning that despite recent inflows, sellers have dominated the total flow for the day. This divergence shows that while short-term traders are active, the broader daily trend remains weighted toward selling.
The latest daily buy ratio of 47.8% sits at the 16th percentile of the last 324 days, against a median of 50.7% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XLM, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.5%, making today’s 24-hour ratio of 51.4% slightly above the weekly norm by 0.9 percentage points. Spot volume for the day reached $30,178,734, which is 1.99 times the weekly average, marking this as an unusually active trading day. While the volume is nearly double the usual level, net buying occurred on only 4 of the last 7 days, indicating inconsistent accumulation. The 8-day volume delta total was +$2,916,982, contrasting with the daily CVD of -$875,277, which highlights that recent selling has offset earlier weekly inflows. This activity resulted in a modest 8-day price change of -1.1%, showing that the high volume has not yet translated into a sustained price increase.