Stellar Open Interest Jumps 127% – Can XLM Price Reach a Yearly High?

Stellar (XLM) has recently experienced a significant surge in price, marking a 5-month high. As a result, XLM has become one of the top-performing cryptocurrencies in the market.   While the rise is being fueled by growing trader conviction, there are concerns that the altcoin might be overheating, which could influence the outcome of its price movement in the coming days. Stellar Traders Are Bullish Open Interest (OI) in XLM has seen a sharp increase, rising by 127% to $346 million from $160 million just last week source: https://beincrypto.com/stellar-xlm-price-hits-5-month-high/