Stellar's October Decline Continues Despite Recent Price Bounce
XLM's latest price increase has failed to reverse its downward trend since early October.
XLM's latest price increase has failed to reverse its downward trend since early October. Stellar (XLM) is trading at ₹16.75 ($0.1765). This is an original Token Times brief based on reporting by AMBCrypto, with live market data added, as of Fri, 23 Oct 2026 17:00:01 UTC.
Stellar's inability to sustain a recovery could indicate ongoing market uncertainty and potential resistance levels for XLM, affecting investor sentiment and trading strategies.
- XLM price is up 0.18% in the last 24 hours but remains down 3.24% over the past week.
- Stellar's Total Value Locked (TVL) has surged 104.9% in the past week to $128.5M.
- The broader crypto market remains relatively flat, with a total market cap of $2.8T.
Stellar's native token, XLM, has experienced a slight price increase of 0.18% in the last 24 hours, currently trading at $0.176701. However, this minor gain has not been sufficient to reverse the downward trend that began in early October, with the token still down 3.24% over the past week.
The broader crypto market remains relatively flat, with a total market cap of $2.8 trillion. 
Bitcoin, the leading cryptocurrency, is also experiencing a slight decline of 0.03% in the last 24 hours, indicating a lack of significant market movement.
Despite the recent price bounce, buyers remain near familiar lows, suggesting potential resistance and a lack of strong bullish momentum. This is further evidenced by the Fear & Greed index, which stands at 50, indicating a neutral market sentiment.
On a positive note, Stellar's Total Value Locked (TVL) has seen a significant increase of 104.9% in the past week, reaching $128.5 million, according to DeFiLlama. This suggests growing interest and activity within the Stellar ecosystem, even as the token price struggles to gain traction.
The current market conditions and XLM's price movement suggest that investors are cautiously observing the token's performance. The key levels to watch will be whether XLM can break above its recent resistance levels or if it will continue to face downward pressure.
Since this brief published about 2 hours ago, Stellar (XLM) has moved from ₹16.77$0.1767 to ₹16.75$0.1765 — -0.09%.
The chart plots XLM's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XLM ≈ ₹18.41 (about $0.1765), up 0.7% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 23, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Stellar's October Decline Continues Despite Recent Price — questions & answers
What is the current price of XLM?
XLM is currently trading at $0.176701, up 0.18% in the last 24 hours.
Why is Stellar's TVL increasing despite the price decline?
Stellar's TVL has surged 104.9% in the past week to $128.5M, indicating growing interest and activity within the ecosystem, potentially driven by factors unrelated to the token's price.
What is the overall market sentiment?
The overall market sentiment is neutral, with a Fear & Greed index of 50.
How much is 1 Stellar worth in rupee today?
About ₹18.41 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.1765. The rupee price moves with both XLM's US-dollar price and the USDT/INR rate; use our Stellar in rupee page for any amount.
Has Stellar's price moved since this brief was published?
XLM is down 0.09% since this brief first published — trading at ₹16.75 ($0.1765) now versus ₹16.77 ($0.1767) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from AMBCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.