20.09.2025 06:53
Here's the rewritten news article in English, incorporating all the key details and using varied sentence structures, while removing the website attribution and enhancing the language:
**Stellar's XLM Struggles as Institutional Adoption Expands**
The value of Stellar's XLM token experienced a downward shift, breaking below a crucial support level, which appeared to be triggered by institutional selling, indicating a broader weakness in the cryptocurrency market. Between September 18th at 3:00 PM and September 19th at 2:00 PM, XLM declined by 3.58%, dropping from $0.40 to $0.39. Trading volumes during this period surged, exceeding the 24-hour average of 22.33 million tokens. Analysis suggests concentrated selling activity occurred during the overnight trading sessions, when institutional investors often wield significant influence. This was compounded by the breach of the $0.40 support level, which many analysts interpreted as a pre-emptive repositioning ahead of potential regulatory developments.
Notwithstanding this downturn, XLM briefly recovered some ground in the final hour of trading. Buyers managed to defend the $0.39 level, resulting in a modest 0.05% gain. However, the prevailing market sentiment remains bearish. Resistance levels continue to consolidate around the $0.40 mark, where previous attempts at recovery have been thwarted on elevated trading volumes. Technical analysts have pointed out that the formation of consistently lower highs is indicative of persistent downward pressure on the token's value.
Simultaneously, interest in Stellar's underlying infrastructure continues to flourish within the institutional sphere. The Stellar Development Foundation emphasized growing adoption during its Meridian conference in Rio de Janeiro. During the conference, Centrifuge announced the launch of a $20 million tokenized real-world assets (deRWA) initiative, while Mercado Bitcoin unveiled a significant $200 million tokenization program. Furthermore, PayPal's USD stablecoin has been integrated with Stellar, broadening institutional access to the network and its associated capabilities.
**Market Signals and Technical Observations:**
* The XLM token definitively crossed the critical $0.40 support threshold.
* Trading volumes saw considerable increases, surpassing the 22.33 million average.
* A clearly defined bearish trend was established throughout the trading session, marked by a pattern of lower highs.
* Resistance levels were observed to be forming within the $0.40 range, where prior attempts at recovery met resistance.
* Intraday volatility fluctuated, with a range of $0.003 between the session peak of $0.39 and the lowest point of $0.39.
* Selling pressure was accompanied by a surge in volume, reaching 1.13 million units before institutional activity stabilized.
* Positive momentum emerged in the final hour of trading, resulting in a 0.05% increase in the token's value.
*Disclaimer: Parts of this article were generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, please refer to our resources.*
