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Stellar's tokenized funds grow $291M despite XLM price dropping 9% amid crypto market losses.

06 Nov 2026, 19:51 WIB
Dailycoin
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Bullish
Stellar's tokenized funds grow $291M despite XLM price dropping 9% amid crypto market losses.

Stellar network saw $291 million in tokenized fund growth in one day, leading all tracked chains, even as its native token XLM fell about 9% during a $120 billion crypto market drop. Institutional adoption increased with launches like Janus Henderson's Nasdaq-licensed tokenized fund and DTCC going live on Stellar. The network's decentralized exchange volume rose 69%, driven mainly by the Aquarius liquidity protocol. Despite strong network activity and institutional interest, XLM's price remains near multi-month lows, as much of the trading and settlements occur in other assets, limiting direct demand for XLM tokens.

Despite the article noting a 9% drop in XLM price, on Pluang XLM is up 1.22% at Rp2.810 as of Nov 07, 2026 01:02 WIB. The token's market cap stands at Rp99,93 trillion with a 24-hour trading volume of Rp2,32 trillion. Notably, 91% of Pluang orders are buys, indicating strong buying interest even as the token price remains near multi-month lows mentioned in the news.

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