Sharp

Bitcoin

Flash

Stellar

Stellar (XLM) joined the broader crypto market sell-off, plunging 22.9% in 24 hours to $0.2924, according to CoinMarketCap data.
During the steep decline, XLM briefly <a href="https://coinmarketcap.com/currencies/stellar/" rel="noopener noreferrer">crashed</a> to around $0.20 before rebounding sharply as buying pressure surged.
The token’s market cap fell to $9.36 billion, while 24-hour trading volume spiked 157% to $630 million, showing intense activity from both panic sellers and opportunistic buyers. The rapid dip below $0.25 likely triggered large-scale liquidations and stop-loss cascades, a pattern seen across multiple major altcoins on Friday.
<img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/10/Screenshot-2025-10-11-at-1.07.43.png" alt="" width="1688" height="734">
XLM’s swift rebound back toward the $0.29–$0.30 range indicates strong demand at lower levels and algorithmic trading stabilization after the crash. However, analysts caution that volatility remains high, with potential retests of $0.25 if Bitcoin fails to recover above key psychological support near $110,000.
For now, Stellar is attempting to regain footing, but sentiment remains fragile as investors await clearer signals of market stabilization following what has been one of the sharpest single-day corrections of the year.
The post <a href="https://www.ethnews.com/stellar-xlm-falls-23-to-0-29-after-flash-drop-to-0-20-before-sharp-rebound/" rel="noopener noreferrer nofollow">Stellar (XLM) Falls 23% to $0.29 After Flash Drop to $0.20 Before Sharp Rebound</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Stellar (XLM) Falls 23% to $0.29 After Flash Drop to $0.20 Before Sharp Rebound

ETHNews

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