XLM saw a significant price movement, rising from $0.36 to $0.39 within 24 hours before reversing sharply. Trading volumes surged to 56.77 million, nearly double the average, suggesting increased institutional activity. The price peaked at 08:00 UTC on October 1, establishing support at $0.37, but later retraced to $0.37 as institutional profit-taking erased earlier gains.