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Altcoins & DeFi

Stellar Breaks Below $0.20: Is XLM's September Momentum Finally Gone?

Image: Crypto Daily

Stellar's XLM traded near $0.1980 on October 8, down about 13.1% over seven days and below the $0.20 threshold now central to its short-term price structure. The move has come despite two late-September network developments: the launch of the State Street Galaxy Onchain Liquidity Sweep Fund on Stellar and BVNK's expanded multi-chain stablecoin infrastructure integration with the network. Those announcements supplied an institutional-use and ecosystem backdrop, but neither has so far translated into sustained support for XLM.

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