Stellar XLM still falls below key support despite growing institutional adoption
Source: CoinWorld
Time: 2025-09-20 00:36:17
Stellar XLM token fell 3.58% to $0.39, falling below the key support level of $0.40 amid institutional sell-offs, with trading volumes exceeding the 24-hour average of 22.33 million. Despite a slight rebound of 0.05% in the last hour, analysts noted that there is still persistent bearish pressure and resistance around $0.40. Meanwhile, institutional adoption is growing as Centrifuge and Mercado Bitcoin launch a total of $220 million tokenization plans, and PayPal's dollar stablecoin is launched on Stellar.