The network activity at Stellar has declined by 50%, raising concerns about user engagement and adoption. However, historical trends show that such declines often precede periods of recovery. The number of newly created assets on the network has also decreased, indicating less need for trustline creation and token issuance. Despite these declines, the overall count of trustlines and assets is still growing, suggesting that Stellar's ecosystem is still expanding. The price of XLM has held above a crucial support level, but if it breaks, there may be more losses. A recovery is still possible if investor sentiment improves and network activity levels out. The project's foundation remains unchanged, and the coming weeks will determine if the current level of support can be maintained or if a larger correction will occur.



Other News from Today