CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 4005.12, down 1.4% (-55.83) … [+246 chars]

Stellar (XLM) was also among the underperformers, declining 2.5%.

CoinDesk

CoinDesk 20 Performance Update: SUI Drops 3.9%, Leading Index Lower from Wednesday

XLM slipped into a pronounced bearish trajectory over the past 24 hours, trading between $0.39 and $0.40 and breaking below key support levels. The tokens volatility intensified during the final trad… [+1855 chars]

Digital asset confronts persistent bearish sentiment whilst volume surges suggest potential capitulation amidst broader cryptocurrency market turbulence.

XLM Suffers 3% Decline as Intensified Selling Pressure Grips Markets

SkyBridge Capital, Anthony Scaramucci's investment management firm, plans to tokenize $300 million worth of its hedge funds on the Avalanche 
 network.The firm is bringing its Digital Macro Master F… [+1988 chars]

The investment management firm is bringing two of its hedge funds on-chain in partnership with Apex Group's Tokeny.

Scaramucci's Skybridge Capital to Tokenize $300M in Hedge Funds on Avalanche

Stellars XLM token slipped 1.75% over the past 24 hours, falling from $0.41 to $0.40 as volatility picked up across the market. The trading range widened to 4.32% during the period, with a sharp sell… [+2045 chars]

Stellar faces accelerated bearish momentum as trading volumes spike above average during sustained decline.

XLM Plunges 2% Amid High-Volume Selling Pressure

The Stellar Development Foundation (SDF), the organization supporting the Stellar 
 blockchain, invested in UK-based digital asset exchange and tokenization firm Archax as part of a broader partners… [+1283 chars]

The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 4068.44, down 1.6% (-66.75) … [+245 chars]

Bitcoin Cash (BCH) was also an underperformer, declining 4.2% from Friday.

CoinDesk 20 Performance Update: Stellar (XLM) Drops 4.3%, Leading Index Lower

Stellar lumens (XLM) traded in a tight range over the past 24 hours, holding between $0.42 and $0.43 from Aug. 14 at 15:00 UTC through Aug. 15 at 14:00 UTC.
 The token saw measured gains before late… [+2243 chars]

XLM trades in a tight range with strong support at $0.42 as record wallet growth and rising total value locked fuel optimism for a push toward the $0.50 resistance — and potentially beyond.

Stellar Lumens Holds Firm as Network Growth Set Stage for Breakout

CoinDesk is anaward-winningmedia outlet that covers the cryptocurrency industry. Its journalists abide by a strict set ofeditorial policies.CoinDesk has adopted a set of principles aimed at ensuring … [+341 chars]

Stellar (XLM) joined Uniswap (UNI) as an underperformer, shedding 6% from Wednesday.