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How Stellar’s (XLM) Close Ties with XRP Boosted Its Price

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Stellar (XLM) price has increased by 9.15%, making it one of the top five altcoin gainers in the last 24 hours

Market participants are likely unsure why the token, which has been out of the spotlight for a while, is now rising. This analysis unravels the details and how it is linked to a major development.

Stellar’s Decade-Old Development Brings It a Much-Needed Result

For those unfamiliar, XLM is the native token of Stellar, a blockchain that facilitates trades for the unbanked. However, this project was founded by Jed McCaleb, who is also one of the co-founders of Ripple (XRP).

Since McCaleb’s decision to create Stellar about 10 years ago, XLM and XRP have almost always shared a strong correlation. Besides this, both Ripple and Stellar focus on cross-border transactions with only a slight difference in technology employed.

Therefore, the sudden spike in XLM’s price is linked to the recent settlement of the long-standing Ripple-SEC lawsuit, which saw XRP’s price climb by more than 20%. As of this writing, the correlation coefficient between the tokens is 0.86.

The correlation coefficient ranges from -1 to +1. Values close to -1 indicate a divergence, suggesting that prices rarely move in the same direction. However, a reading close to +1 suggests strong directional movement.

Read more: What is Stellar & How Does it Work: Deep Dive Into XLM

Stellar (XLM) and Ripple (XRP) Correlation
Stellar (XLM) and Ripple (XRP) Correlation. Source: Macroaxis

To buttress this point, an investment in XLM on a 30-day horizon would have brought in a slightly lower return than one in XRP.

Furthermore, the development has triggered a surge in XLM’s Open Interest (OI). Open Interest is the total value of outstanding derivative contracts that are yet to be settled. An increase in this value typically indicates increased liquidity allocated to contracts.

If it surges, it can help a cryptocurrency’s price sustain its trend. However, a decrease in OI translates to a drop in net positioning, which could weaken a price trend. 

Stellar Open Interest
Stellar Open Interest. Source: Santiment

As seen above, Stellar’s Open Interest had increased to 31 million, suggesting an influx of money into XLM-related contracts. If the value continues to increase, then XLM’s uptrend may become stronger.

XLM Price Prediction: Next Target Lies at $0.11

According to the 4-hour chart, XLM has formed a series of lower highs (LH). In the same vein, the ascending channel seen below shows it hitting higher highs (HH) as well. 

The formation of the LH and HH suggests that the bulls have overcome selling pressure, and the uptrend is likely to continue.

Another confirmation of this bias is the descending trendline, which XLM’s price has surpassed. If this market structure remains the same, the token’s value could soon be higher than $0.10. 

Additionally, the Awesome Oscillator (AO) is positive. The AO compares short and long-term price movements to determine momentum. When the reading is negative, the momentum is bearish, and the price could decline.

Read more: Stellar (XLM) Price Prediction 2024/2025/2030

Stellar 4-Hour Price Analysis
Stellar 4-Hour Price Analysis. Source: TradingView

At the same time, the token risks being overbought. Should this happen, the upswing may become weak, and the price may drop to $0.96.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Expanding Blockspace and Enhancing Privacy

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Ethereum Layer-2 (L2) network Base, incubated by Coinbase, has unveiled its product roadmap for the second quarter (Q2) 2025.

It indicates a bold slate of performance upgrades, enhanced privacy features, and broader support for developers.

Base Q2 Roadmap: Speed, Privacy, and Builder Adoption

In a detailed post on X (Twitter), Base’s development team outlined key objectives for the quarter. The roadmap reaffirms Base’s commitment to building in the open. It also lays the groundwork for scaling its role as a core pillar of the on-chain economy.

The plan to achieve 200ms effective block times on the mainnet is among the most eye-catching. The move could dramatically increase throughput and improve user experience.

Additionally, Base aims to scale blockspace from 30 to 50 Mgas/s and reach “Stage 1 decentralization.” Notably, they are key milestones in both performance and network security.

Privacy is also a central focus. Base is working to implement privacy-preserving on-chain account verification. This initiative reflects the growing importance of identity and privacy in a blockchain environment where transparency and pseudonymity often clash.

Beyond scaling and privacy, the roadmap details efforts to enhance its developer toolkit, notably expanding usage of the Base MCP (Modular Crypto Platform) tooling. This includes increasing weekly active apps built on OnchainKit and MiniKit and launching new Base Appchains on the mainnet.

The Base MCP tooling is part of a broader push to enable developers to go from “Idea to App, App to Business,” as described by the team. However, it is worth noting that MCP protocols have come under scrutiny recently due to a critical security flaw, raising concerns about their current implementations.

BeInCrypto recently reported on vulnerabilities that, if left unpatched, could expose user data or funds. This suggests that Base’s teams must prioritize security alongside growth.

“This risk comes from using a ‘poisoned’ MCP. Hackers could trick Base-MCP into sending your crypto to them instead of where you intended. If this happens, you might not notice,” Superoo7, head of Data and AI at Chromia, highlighted.

Base’s community-centric ethos is evident in its continued support for builder programs like Base Batches, Buildathons, and the Builder Rewards initiative. The team emphasized that these initiatives will support developers technically and economically, creating viable paths to earning a living by building on-chain.

Coinbase CEO Brian Armstrong also weighed in, endorsing the roadmap with a simple but affirming statement. This highlights Coinbase’s continued backing of the Layer-2 solution, which has become a standout in the ecosystem.

Base Blockchain Leads Net Flows Across DeFi Bridges

Base has emerged as a top performer in 2025, leading the market in net flow over the past three months. On total inflow metrics, data on Artemis Terminal shows it is second, after Ethereum (ETH). This traction reflects growing user confidence and adoption across DeFi, gaming, and NFT verticals.

Base blockchain leads net flows across DeFi bridges
Base blockchain leads net flows across DeFi bridges. Source: Artemis Terminal

Still, the network has not been immune to controversy. Only hours ago, Base faced backlash after a meme coin, allegedly promoted by insiders, triggered a trading frenzy and abrupt collapse. As BeInCrypto reported, this raised accusations of a pump-and-dump scheme.

While Base distanced itself from the coin in question, the incident raises concerns about transparency and ethical boundaries on the platform.

“This wasn’t a meme coin. This wasn’t a token launch. Base didn’t drop a coin to pump bags or flip the market. This was a content coin — and that distinction matters,” Base developer Charis posted on X.

As Base moves into Q2, it stands at a crossroads. On the one hand, it is armed with performance upgrades and developer momentum. On the other hand, it faces heightened scrutiny.

If successful, its roadmap could further cement Base’s place as a foundation of the next-generation internet. However, the pressure to balance innovation, security, and trust has never increased.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Bitcoin Price Range-Bound—But a Move Higher May Be Brewing?

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Bitcoin price started a fresh decline below the $85,500 zone. BTC is now consolidating and might attempt to clear the $85,200 resistance zone.

  • Bitcoin started a fresh decline below the $85,500 zone.
  • The price is trading below $85,000 and the 100 hourly Simple moving average.
  • There is a connecting bearish trend line forming with resistance at $84,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it clears the $85,000 zone.

Bitcoin Price Eyes Fresh Increase

Bitcoin price struggled near the $86,500 zone and started a fresh decline. BTC declined below the $85,500 and $85,000 levels to enter a short-term bearish zone.

The price tested the $83,200 support. A low was formed at $83,171 and the price recently corrected some losses. There was a move above the $83,800 level. The price surpassed the 50% Fib retracement level of the downward move from the $86,401 swing high to the $83,171 low.

Bitcoin price is now trading below $85,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $84,750 level. There is also a connecting bearish trend line forming with resistance at $84,800 on the hourly chart of the BTC/USD pair.

The first key resistance is near the $85,150 level or the 61.8% Fib retracement level of the downward move from the $86,401 swing high to the $83,171 low. The next key resistance could be $85,500.

Bitcoin Price
Source: BTCUSD on TradingView.com

A close above the $85,500 resistance might send the price further higher. In the stated case, the price could rise and test the $85,800 resistance level. Any more gains might send the price toward the $86,400 level.

Another Decline In BTC?

If Bitcoin fails to rise above the $85,000 resistance zone, it could start another decline. Immediate support on the downside is near the $83,900 level. The first major support is near the $83,200 level.

The next support is now near the $82,200 zone. Any more losses might send the price toward the $81,500 support in the near term. The main support sits at $80,800.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level.

Major Support Levels – $83,200, followed by $82,200.

Major Resistance Levels – $84,750 and $85,150.



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Bitcoin Whales Withdraw $280 Million: Bullish Signal?

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Massive Bitcoin withdrawals worth hundreds of millions of USD from major exchanges have sparked significant interest in the crypto community. 

However, if Bitcoin fails to break the $86,000 barrier, a price correction remains a real possibility, especially amid wavering investor confidence.

Bitcoin Whales Withdraw Hundreds of Millions in BTC

Data from the X account OnchainDataNerd on April 17, reveals that several large Bitcoin whales executed substantial withdrawals from top exchanges. Galaxy Digital withdrew 554 BTC, valued at approximately $76.74 million, from OKX and Binance.

Abraxas Capital pulled out 1,854 BTC, worth around $157.26 million, from Binance and Kraken.

Two other whales, identified by addresses 1MNqX and 1BERu, withdrew 545.5 BTC ($45.5 million) and 535.2 BTC ($45.44 million) from Coinbase, respectively. In a single day, over $280 million in Bitcoin was removed from exchanges.

Such withdrawals from Bitcoin whales, like those by Galaxy Digital and Abraxas Capital, often signal a strategy to move BTC into cold storage. This is typically viewed as a bullish sign, reducing selling pressure and reflecting expectations of future price increases.

Surge in First-Time Bitcoin Buyers

A report from Glassnode on X highlights a sharp rise in first-time Bitcoin buyers. This influx of new investors could drive short-term price gains. However, long-term holders (LTHs) have paused their accumulation, signaling caution amid heightened market volatility.

First-Time Buyers rose to a 30-day RSI of 97.9. Source: Glassnode
First-Time Buyers rose to a 30-day RSI of 97.9. Source: Glassnode

In a post on X, the analyst Ali used the TD Sequential technical indicator to forecast Bitcoin’s price trend. The TD Sequential flashed a buy signal on the Bitcoin weekly chart.

Weekly BTC buy signal. Source: Ali/X
Weekly BTC buy signal. Source: Ali/X

If Bitcoin consistently closes above $86,000, further price increases are likely. Currently, Bitcoin is hovering above $80,000, indicating growth potential. However, surpassing the critical $86,000 resistance level is essential to confirm the bullish trend.

Inflow Bitcoin ETF dropped. Source: Farside
Inflow Bitcoin ETF dropped. Source: Farside

Despite recent whale accumulation, not all signals are positive. Inflows into Bitcoin ETFs have dropped significantly. This decline suggests weakening investor confidence, which could exert downward pressure on prices without fresh catalysts.

Additionally, data from Lookonchain indicates that over $1.26 billion in Bitcoin was unstaked from Babylon. If this capital flows back to exchanges, selling pressure could intensify, making it harder for Bitcoin to breach key resistance levels.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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