Stellar's native token, XLM, experienced a 2.5% increase over the past 24 hours, rising from $0.3131 to $0.3210. This upward movement was accompanied by a notable surge in trading volume, which reached 74.39 million, marking a 350% increase above the 24-hour average. The token peaked at $0.3229 before facing resistance at $0.3230. The trading activity suggests potential institutional involvement, as the volume spike aligns with a 38.2% Fibonacci retracement, indicating a possible base formation. Despite the pullback to $0.321, key support levels are identified at $0.3150 and $0.321, with resistance remaining at $0.3230.