Stellar (XLM) is trading at $0.2241, which is well below its MA-20 at $0.2729, MA-50 at $0.3133, and MA-200 at $0.3357. This positioning confirms strong selling pressure across short-, medium-, and long-term trends, with dynamic resistance at the Ichimoku Kijun level of $0.2860.
Highlights
- Spiko Finance integrated Stellar, allowing minting and trading of fund shares and generating $33 million in total value locked via tokenized money market funds.
- Stellar's ecosystem total value locked increased to $639 million, underscoring its growing leadership in real-world asset adoption.
- Quarterly processed real-world asset volumes on Stellar reached $5.4 billion, supporting ongoing growth in Europe’s tokenized fund sector.
Real-world asset growth accelerates as Stellar expands tokenized funds
Spiko Finance has integrated Stellar, enabling minting and trading of fund shares on the network and driving $33 million in total value locked through tokenized money market funds. This development highlights Stellar's expanding leadership in real-world asset adoption, with its ecosystem's total value locked reaching $639 million and quarterly processed RWA volumes totaling $5.4 billion. The integration further complements ongoing growth in Europe’s tokenized fund sector.
Bearish intraday sentiment persists amid stretched oversold signals
Momentum indicators on the daily chart point to persistent bearishness. MACD and ADX both indicate that downward momentum remains dominant. RSI, Stoch RSI, and CCI all flag oversold conditions, suggesting the sell-off is stretched but not yet reversing. Bear Power (BBP) confirms that sellers continue to dominate intraday moves, and the Awesome Oscillator reinforces this bearish outlook. The current price is down 10.36% from the previous close, with the session opening at $0.237 and no significant gap observed. Price is trading near the intraday low of $0.2218 amid high volatility and sustained pressure since the open. The overall intraday tone is decisively negative, in line with the momentum signals.
Previously it was noted that sellers remain in control of intraday momentum, as confirmed by multiple bearish oscillators. The article discussed accelerating institutional adoption as Stellar expanded its real-world asset features.
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