Stellar XLM trades as Remittix challenges remittance sector
Stellar (XLM)
Editor:
Eugene Serbin
Techbullion.com reports that Stellar is facing new competition from Remittix, which is launching a PayFi platform to convert crypto into fiat via bank transfers. Remittix has invited 1,000 existing RTX holders to test initial EUR and USD options before its token debut on November 24, 2026. The project aims to combine a wallet, live trading venue, and payment flow into a single user journey.
Stellar already maintains an established network for moving value between currencies and markets. Remittix has raised more than $32 million toward its $36 million cap, with a final presale tier priced at $0.46. The Remittix Markets platform has processed over $50 million in cumulative trading volume.
The app has recorded more than 10,000 iOS downloads, offering a route for users to trade and receive local money. The World Bank estimated global remittance flows at $856 billion in 2024, highlighting the potential scale of such services. Remittix targets small, repeated customer actions to build a durable commercial base rather than relying on single large transfers. The project suggests that convenience in final bank payouts could expand the payment opportunity beyond its initial test group.
How the market reacted
Whalio's own Binance spot order flow for XLM, measured when this story was written up on 5 October 2026. Not the outlet's figures.
XLM is trading at $0.2241 with a 1-hour buy ratio of 65.4%, indicating strong short-term buying pressure. This contrasts with the 4-hour buy ratio of 54.8% and the 24-hour ratio of 47.7%, showing that buying intensity has increased recently. The 1-hour volume delta is positive at $203,629, while the 24-hour delta is negative at -$363,960. This suggests that while immediate flow is net buying, the broader 24-hour trend has seen net outflows. The 24-hour cumulative volume delta (CVD) is positive at $569,193, reflecting net buying over the day despite the negative delta figure. Spot volume for the period stands at $8,162,203 across 45,268 trades.
The latest daily buy ratio of 51.6% sits at the 64th percentile of the last 322 days, against a median of 50.7% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for XLM, averaged over the days leading up to the story.
The current 24-hour buy ratio of 47.7% is slightly below the 7-day average of 49.2%, a difference of 1.5 percentage points. Volume over the last day is 0.27 times the weekly average, indicating a quieter trading session than usual. Net buying occurred on 3 of the past 7 days, with a total volume delta of -$3,396,442 over that period. The price has risen 3.8% over the 8-day window. This day is less active than the weekly norm, as evidenced by the volume being only a quarter of the average.