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Stellar (XLM) drops 5.3% amid broad altcoin profit-taking, no negative news on the protocol itself.

Market News
03 Oct 2026
CryptoTicker
View Source
Bearish
Stellar (XLM) drops 5.3% amid broad altcoin profit-taking, no negative news on the protocol itself.

Stellar's price fell 5.3% to around $0.214 on October 3, 2026, driven by a 160% surge in altcoin deposits to exchanges, signaling widespread profit-taking across the crypto market. This decline occurs without any negative news specific to Stellar, reflecting a market-wide correction as many holders sit on gains after recent price rises. The broader crypto market also shows weakness, with 16 of the 21 largest altcoins down. Investors in Germany are advised to check their buying routes, holding periods, and custody options amid regulatory changes and tax considerations. The drop is seen as part of normal market volatility rather than a Stellar-specific issue.

Stellar (XLM) trades at Rp3.824 on Pluang as of October 3, 2026, 20:02 WIB, down 4.90% in one day, closely mirroring the 5.3% drop reported in USD terms. With a market cap of Rp134.63 trillion and 71% of its total supply circulating, XLM shows a balanced Pluang order activity with 47% selling and 53% buying. The typical hold time of 84 days suggests moderate investor patience despite the recent price decline.

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