Stellar
Why Stellar is down 1.3% in the last hour
Analysis
Stellar (XLM) slipped about 1.3% over the past hour as traders digested news that CME plans to support Stellar alongside Cardano and Chainlink, which can trigger short-term repositioning and profit-taking around anticipated derivatives-related developments. AMBCrypto highlighted the potential market impact of this CME support, and the initial reaction appears to have leaned mildly risk-off for XLM in the near term.
Contributing Factors (1)
CME to support Cardano, Chainlink, and Stellar – Potential impact on altcoins?Â
ADA whales scaled up accumulation while LINK holders weren't selling aggressively
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.