New DEX:- The DEX market is already under fierce competition with the total DEX volume in the last 24 hrs surpassing $13 Billion. The leading crypto exchange Bybit has also announced its entry into the DEX market with Byreal. Amidst this, a new DEX called GTE promises to beat the existing CEXs and DEXs with
Stellar (XLM) enters May 2025 in a fragile position, underperforming Bitcoin and other altcoins both in price action and trading volume. Despite following BTC’s general trajectory, XLM has failed to capture the same upside, while still participating fully in market corrections.
Volume has also collapsed from early-year highs, highlighting a drop in market interest and liquidity. With price sitting just above a key support and a potential death cross on the horizon, Stellar faces a critical month that could define its near-term trend.
XLM Lags Behind Bitcoin With Asymmetric Volatility
While Bitcoin has climbed over 14%, XLM has managed only a 2.8% gain, falling behind BTC and other altcoins like Hedera, which have shown stronger bullish reactions.
This muted upside signals a lack of conviction among traders and raises questions about Stellar’s momentum in the current market cycle.
Normally, altcoins are expected to amplify Bitcoin’s movements both ways: outperforming during rallies and underperforming in downturns. Stellar, however, only shows downside volatility without the upside benefit.
This imbalance makes the token vulnerable, signaling weaker market confidence and potentially limiting its appeal in a risk-on environment.
Stellar Trading Volume Collapses From Early 2025 Highs
This is well below previous highs—$480 million on April 7 and $930 million on March 3—showing a clear downtrend in market participation.
Declining volume often signals weakening interest from traders and can limit price momentum, especially in a token that already underperforms on the upside.
Daily volume frequently surpassed $1 billion in January and February, even reaching above $2 billion. That level of liquidity helped fuel stronger price action and volatility.
With current figures sitting at a fraction of those peaks, Stellar faces a market backdrop that lacks energy and conviction—potentially capping any meaningful rallies in the near term.
Stellar at Make-or-Break Support as Death Cross Looms
Stellar is hovering just above a key support level at $0.26, a zone that could determine its next major move. The EMA lines are tightening, and a potential death cross may be forming where short-term EMAs cross below long-term ones.
If the $0.26 support is lost and the death cross confirms, XLM could slide further toward $0.239 and even $0.20, signaling a deeper bearish shift.
Conversely, bullish momentum could return if Stellar price manages to bounce and break through the $0.297 resistance.
Moving past that level could open the door to $0.349 and $0.375, with further upside potential toward $0.44 and even $0.495 if volume and sentiment improve.
Bitcoin price is trading above $85K with on-chain indicators painting a rosy picture for the largest cryptocurrency. Apart from the charts, Bitcoin’s recent surge can be attributed to a streak of fundamentals, lining up the asset for a bigger rally.
Michael Saylor’s Strategy Hints At Bitcoin Purchase
The biggest needle mover for Bitcoin today is Michael Saylor hinting at a potential BTC purchase for Strategy. The Strategy CEO took to X to share his firm’s portfolio tracker, a precursor to new BTC purchases.
Historically, Saylor sharing his MicroStrategy portfolio tracker signals a potential BTC purchase by the firm. This time, Saylor’s post was accompanied by a caption saying, “Needs more Orange.”
At the moment, Strategy holds 499,226 BTC in its balance sheets, and acquiring more BTC will see it cross the 500,000 threshold. Last week, the firm unveiled a plan to raise $500 million to buy BTC via the sale of its preferred stock.
Armed with fresh capital, Strategy’s next Bitcoin purchase will have a profound effect on Bitcoin price.
A Wave Of Positive Fundamentals For Bitcoin
Bitcoin price is showing signs of optimism following whispers of Coinbase acquiring Deribit for $5 billion. After weeks of outflows, spot Bitcoin ETF inflows rose to $785 million, signaling strong institutional interest.
Since the tail end of February, new Bitcoin investors have gobbled up nearly 200,000 BTC with a chunk being institutional players. Key decisions by the Fed in last week’s FOMC meeting are bumping Bitcoin’s price along. The Fed’s decision to keep interest rates unchanged sent BTC charging by 3.5% with Arthur Hayes saying Bitcoin’s bottom formed at $77K.
A predicted rate cut in April is triggering bullish sentiments for a cross-section of BTC investors. The IMF is reportedly conferring digital gold status on BTC, whipping up a frenzy among investors.
On-chain And Technicals Portray Further Bullishness For BTC
While Bitcoin struggles to hold the $85K mark, daily trading volumes indicate bullishness at $11.96 billion. On the seven-day chart, BTC has climbed by nearly 3%, underscoring positive optimism for the asset.
A double-bottom reversal pattern at $78K and $76K is serving as confirmation for a march to $114K. Amid a wave of optimism, analysts say short-term hurdles for BTC price are behind the asset, setting the stage for an upswing.
Bubblemaps (BMT) recently saw a surge in price following the Binance Token Generation Event (TGE) and its subsequent listing. This rally sparked investor excitement, pushing the price to a new all-time high.
However, the momentum was short-lived, as many investors quickly took profits, leading to a 17% decline.
Bubblemaps Notes Selling Pressure
The Chaikin Money Flow (CMF) indicator showed a downtick over the last day, reflecting rising outflows as investors sell off their holdings. This drop in the CMF suggests that the momentum from the initial rally is beginning to fade.
With the indicator still struggling to move above the zero line, the lack of sustained inflows signals that the rally may lose steam in the coming days. Investors are likely cashing out after the initial excitement, which could keep BMT price from maintaining its upward trajectory.
The absence of fresh capital flowing into the asset further complicates any potential recovery.
The Moving Average Convergence Divergence (MACD) indicator also points to weakening momentum. After showing positive signals earlier in the rally, the MACD has shifted towards a bearish crossover, suggesting a shift from positive to negative momentum.
The initial bullish trend appears to be losing strength, and the price could follow suit in the near term.
The MACD’s shift to bearish territory confirms that the market sentiment around Bubblemaps is starting to sour. The change in momentum is often an early sign of further declines, and this could lead to more selling as traders react to the negative signals.
Bubblemaps has seen a significant 147% price increase over the past 48 hours. However, after the recent 17% drop, the price is now trading at $0.226. Given the current market conditions, BMT could experience further declines, potentially falling to $0.194 or even as low as $0.119 if investor sentiment continues to drop.
Should the outflows continue, Bubblemaps could struggle to recover. The lack of strong inflows and the shift in momentum from bullish to bearish will likely limit any upside.
A drop below $0.194 would solidify a bearish outlook, and the altcoin may need more substantial market support to avoid further losses.
However, if inflows pick up and buying pressure strengthens, there is potential for a price rebound. A breach of the $0.274 resistance level could pave the way for a new all-time high above $0.325, invalidating the current bearish trend and signaling renewed investor confidence.