Stellar ($XLM) Crypto Forecast: Down 5.4% Today

What is Stellar?

XLM is a cryptocurrency token operating on the Stellar blockchain network, known for its focus on cross-border transactions and connecting various financial entities.

Why is Stellar going down?

XLM crypto is down 5.4% on Feb 21, 2025 23:50

• The downward movement in XLM today could be due to profit-taking by traders following a recent price surge.
• The introduction of a Euro-backed stablecoin on the Stellar network by Societe Generale-Forge might have initially boosted XLM's value but triggered a sell-off as investors reconsidered its implications on XLM's use and demand.
• The market's response could be tied to news of potential competition in the stablecoin domain within the Stellar network, creating some uncertainty for investors.
• Discussions on Pi Network valuation speculations in a recent context are unrelated to XLM's bearish trend and likely did not directly influence its price trajectory.

XLM Price Chart

XLM Technical Analysis

XLM News

Societe Generale-Forge Launches MiCA-Compliant Euro Stablecoin on Stellar

Societe Generale-Forge Launches MiCA-Compliant Euro Stablecoin on Stellar

https://news.bitcoin.com/societe-generale-forge-launches-mica-compliant-euro-stablecoin-on-stellar/

Stellar Blockchain Welcomes Societe Generale’s Euro-Backed Stablecoin

Stellar Blockchain Welcomes Societe Generale’s Euro-Backed Stablecoin

https://cryptodnes.bg/en/stellar-blockchain-welcomes-societe-generales-euro-backed-stablecoin/

SG-Forge Launches MiCA-Compliant Euro Stablecoin on Stellar in France

SG-Forge Launches MiCA-Compliant Euro Stablecoin on Stellar in France

https://www.livebitcoinnews.com/sg-forge-launches-mica-compliant-euro-stablecoin-on-stellar-in-france/

4 Hypotheses on Pi Network Valuation: From Logical to Unbelievable

4 Hypotheses on Pi Network Valuation: From Logical to Unbelievable

https://beincrypto.com/pi-network-valuation-hypotheses/

Societe Generale-Forge Launched Euro-backed Stablecoin On Stellar Network

Societe Generale-Forge Launched Euro-backed Stablecoin On Stellar Network

https://coincu.com/323514-societe-generale-forge-stablecoin-on-stellar/

Trending Today

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Stellar ($XLM) Crypto Forecast: Down 5.4% Today

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XRP ($XRP) Crypto Forecast: Down 5.1% Today

Stellar Price History

19.01.2025 - XLM Crypto was up 5.3%

• XLM saw a strong bullish movement today, possibly driven by the signal from Bollinger Bands indicating a potential price growth of 88%.
• The launch of a tokenized U.S. Treasury fund by Franklin Templeton may have also contributed to the positive sentiment around cryptocurrencies like XLM, as it signals further adoption and integration of digital assets into traditional financial systems.
• Despite a recent price drop of 4%, experts are optimistic about XLM's future, especially with the potential for Remittix to enter the payments market and challenge the dominance of XRP and XLM, which could bring more attention and investment to Stellar.
• The overall positive outlook for XLM, coupled with developments in the broader cryptocurrency and financial markets, likely fueled the bullish movement of XLM today.

21.01.2025 - XLM Crypto was down 5.4%

• The downward movement in XLM today could be due to profit-taking by traders following a recent price surge.
• The introduction of a Euro-backed stablecoin on the Stellar network by Societe Generale-Forge might have initially boosted XLM's value but triggered a sell-off as investors reconsidered its implications on XLM's use and demand.
• The market's response could be tied to news of potential competition in the stablecoin domain within the Stellar network, creating some uncertainty for investors.
• Discussions on Pi Network valuation speculations in a recent context are unrelated to XLM's bearish trend and likely did not directly influence its price trajectory.

21.01.2025 - XLM Crypto was down 5.2%

• The bearish movement of XLM today could be attributed to profit-taking by traders after a recent rally.
• The launch of a Euro-backed stablecoin on the Stellar network by SG-Forge may have initially boosted confidence in XLM, but the market sentiment might have shifted.
• The mixed signals, with some suggesting a potential rally while others discussing valuation hypotheses, could have created uncertainty among investors, leading to the bearish movement.
• Overall, the market movement of XLM today seems to be influenced by a combination of profit-taking, market sentiment, and mixed signals.

18.01.2025 - XLM Crypto was down 5.2%

• XLM price plummeted by 4% today, following a bearish trend in the cryptocurrency market.
• The mention of other altcoins that could capitalize on Stellar's dip indicates a general negative sentiment towards XLM specifically.
• The news about Remittix potentially capturing a share of XRP and XLM dominance might have shifted investor focus away from XLM, contributing to its price decline.
• The overall decline in the AI coin market and the development of crypto applications on Ethereum could have diverted attention and investment away from XLM, leading to its bearish movement.

18.01.2025 - XLM Crypto was down 5.2%

• The bearish movement of XLM today could be attributed to the overall decline in the AI coin market, where FET and VIRTUAL led steep declines. This negative sentiment in the broader market might have spilled over to XLM.
• The potential competition from Remittix in capturing a share of XRP and XLM dominance could have raised concerns among investors about XLM's market position, leading to selling pressure.
• The focus on altcoins might have diverted attention and investment away from XLM, contributing to its downward price movement.
• The market outlook discussing the price target of $1.80 for XLM could have set unrealistic expectations, causing disappointment among investors and triggering a sell-off.

13.01.2025 - XLM Crypto was up 5.1%

• Launching a tokenized treasury fund on Solana could have brought positive attention to the cryptocurrency space, benefiting XLM.
• XLM's takeover of Litecoin and the anticipation of a 30% surge based on technical analysis could have fueled investor optimism and buying pressure.
• The bearish sentiment towards Ethereum, as evidenced by a surge in short positions, may have led some investors to shift their focus and funds towards XLM, contributing to its bullish movement.
• The general bearish trend in altcoins due to Bitcoin's struggle to break past $98K ahead of CPI data may have caused some investors to seek refuge in XLM, driving its upward momentum.

13.01.2025 - XLM Crypto was up 5.0%

• XLM experienced a strong bullish movement today.
• The launch of a tokenized money fund on the Solana blockchain could have positively impacted XLM's price as it showcases growing adoption and utility within the crypto space.
• XLM surpassing Litecoin despite the ETF hype surrounding XRP indicates a shifting interest towards Stellar's technology and potential.
• The overall bearish sentiment in altcoins and the surge in Ethereum short positions may have also indirectly contributed to XLM's bullish movement as investors seek alternative assets.

14.01.2025 - XLM Crypto was up 7.8%

• Stellar (XLM) increased by 10% following the positive momentum in the crypto market, with XRP leading the gains.
• The interest of Stellar holders in the Panshibi (SHIBI) meme coin may have diverted some funds temporarily, but the strong performance of XLM indicates continued investor confidence.
• The launch of a tokenized money fund on the Solana blockchain by Franklin Templeton could have indirectly boosted interest in Stellar and other cryptocurrencies, contributing to XLM's significant price increase.
• The significant gains in the CoinDesk 20 Index reflect the positive sentiment in the cryptocurrency market, further supporting Stellar's upward movement.

19.01.2025 - XLM Crypto was up 5.1%

• The launch of a tokenized U.S. Treasury Fund on the Stellar network in Luxembourg for European investors has likely boosted confidence in XLM's utility and adoption.
• The Bollinger Bands signal indicating a potential 88% price growth for XLM has attracted traders and investors to the token.
• Despite the overall bullish movement, the price of XLM has decreased by 4%, suggesting that market volatility and profit-taking activities might have temporarily impacted the token's price.

14.01.2025 - XLM Crypto was up 7.1%

• Stellar (XLM) observed a strong bullish movement, increasing by 10% alongside XRP's gains, indicating positive sentiment in the cryptocurrency market.
• The surge in Stellar's price could be linked to the overall market gains and the positive momentum from XRP, a closely related cryptocurrency.
• The announcement of a tokenized money fund on the Solana blockchain may have also contributed to the bullish movement in Stellar, highlighting the growing adoption and integration of blockchain technology in traditional finance.
• The speculation regarding Stellar holders transferring funds into the Panshibi (SHIBI) meme coin might have created some buzz but doesn't appear to have directly impacted Stellar's price surge significantly.

14.01.2025 - XLM Crypto was up 6.9%

• Stellar (XLM) surged by 9% today, outperforming many other altcoins in the market.
• The launch of a tokenized money fund on the Solana blockchain by Franklin Templeton might have boosted confidence in blockchain technology and decentralized finance, indirectly benefiting Stellar.
• Stellar's rise despite the bearish trend in altcoins and the overshadowing of Litecoin by XRP indicates a growing interest in Stellar's potential and use cases, potentially attracting more investors to the token.
• The overall positive sentiment towards Stellar (XLM) suggests that investors are optimistic about its future growth potential and its ability to compete with other major cryptocurrencies.

21.01.2025 - XLM Crypto was down 6.1%

• The introduction of Societe Generale's Euro-backed stablecoin on the Stellar blockchain could have led to a bearish movement for XLM as investors may have shifted their focus towards the new stablecoin.
• The launch of a MiCA-compliant Euro stablecoin on Stellar in France by SG-Forge may have diverted attention away from XLM, impacting its market movement negatively.
• The partnership between Societe Generale-Forge and the Stellar network to launch a Euro-backed stablecoin might have overshadowed XLM's performance, contributing to the bearish movement.
• The developments around a stablecoin on the Stellar blockchain may have created a sense of uncertainty or competition for XLM, influencing its bearish trend for the day.