XLM price at risk as Stellar Lumens’ funding rate crashes
2025-07-05 19:05:35
Main Idea
Stellar Lumens (XLM) has experienced significant price declines and network activity fluctuations, with potential further downside if key support levels break, despite growth in network operations and stablecoin supply.
Key Points
1. Stellar Lumens (XLM) dropped to a key support level of $0.2175, down 35% from its May peak and 62% from its 2024 high.
2. Network operations on Stellar rose to 197 million in June, while stablecoin supply reached a record high of $667 million.
3. Tokenization on Stellar has increased to $487 million, growing for five consecutive months.
4. Transactions on the network increased by 11% in the last seven days to 18.2 million, with active addresses rising by 10% to 146,700.
5. Technical analysis indicates XLM price has dropped below key Fibonacci and moving average levels, with potential further downside to $0.15 if support breaks.
Description
The Stellar Lumens token is at risk of further downside as its funding rate continues to decline. Despite strong on-chain growth—rising transactions, record stablecoin supply, and expanding real-world asset tokenization—Stellar Lumens ( XLM ) plunged to a critical support level amid a sustained negative funding rate, suggesting growing bearish pressure. If this support breaks, XLM could fall another 36%, underscoring the widening disconnect between network fundamentals and market sentiment. This...
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