XLM jumped 40% in 24h, massively outperforming the broader market, driven by a powerful short squeeze and strong institutional adoption news. Primary reason: A wave of short liquidations after XLM broke above the key $0.30 resistance, forcing bearish traders to cover positions. Secondary reasons: Growing institutional interest after DTCC announced plans to support tokenized assets on the Stellar network, boosting the long-term outlook. Near-term outlook: If XLM holds above $0.30, momentum could extend toward $0.35–$0.40. A loss of support may trigger profit-taking after the sharp rally. My view: This move looks stronger than a typical meme-driven pump because it's backed by both derivatives activity and improving fundamentals. However, after a 40% daily surge and an RSI above 80, some short-term cooling would be normal before the next leg higher.