Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
XLM fell from $0.2491 to $0.2451 with clear bearish momentum confirmed.Trading volume jumped 78% above average during critical support breakdown.Multiple technical levels violated as downside pressure intensified rapidly.Stellar (XLM) slipped 1.6% on Tuesday, dropping from $0.2491 to $0.2451 as sellers took control and the token extended a series of lower highs from its recent $0.2602 peak.
The asset traded within a $0.0153 range, posting 6.2% intraday volatility. A sharp 05:00 volume spike of 36.3 million XLM — 78% above the 24-hour average — confirmed a breakdown below the key $0.2520 support level.
With no clear fundamental catalysts, traders focused on the technical picture, where the loss of $0.2520 signaled likely institutional distribution rather than retail-driven volatility.
Bearish momentum intensified on the one hour chart as XLM fell another 0.8%, sliding from $0.2478 to $0.2453. Two forceful selling waves drove the token below $0.2470 and $0.2460, with back-to-back volume surges of 1.71 million and 1.69 million tokens during the a one minute window — more than eight times typical levels.
XLM/USD (TradingView)Key Technical Levels Signal Continued Pressure for XLMSupport/Resistance Analysis:Immediate support holds at $0.2449 session lows.Strong resistance confirmed near $0.2600 level.Critical support breakdown completed at $0.2520.Volume Analysis:36.3 million volume spike marked 78% above daily average.Consecutive 1.7 million+ volume surges during breakdown.8x normal volume levels confirmed institutional selling.Chart Patterns:Consecutive lower highs pattern from $0.2602 peak.Accelerating bearish momentum through support violations.Two-wave selling structure dominates 60-minute chart.Targets & Risk/Reward:Downside target sits at $0.2430 if momentum continues.Resistance builds at $0.2520 as former support flips.Key reversal level remains $0.2600 for recovery attempts.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
XLM знизився з $0.2491 до $0.2451 із чітко підтвердженим ведмежим імпульсом.Обсяг торгівлі зріс на 78% вище за середній під час критичного пробою підтримки.Було порушено декілька технічних рівнів через швидке посилення тиску з боку збитку.Stellar (XLM) знизився на 1,6% у вівторок, впавши з $0,2491 до $0,2451, оскільки продавці взяли під контроль ринок, а токен продовжив серію нижчих максимумів від свого недавнього піку в $0,2602.
Актив торгувався в діапазоні $0,0153, демонструючи внутрішньоденну волатильність на рівні 6,2%. Різке зростання обсягу на 05:00 до 36,3 мільйона XLM — на 78% вище середнього показника за 24 години — підтвердило прорив нижче ключового рівня підтримки $0,2520.
За відсутності чітких фундаментальних каталізаторів трейдери зосередилися на технічній картині, де втрата рівня $0.2520 сигналізувала, ймовірно, про інституційний розподіл, а не про волатильність, що спричинена роздрібними інвесторами.
Ведмежий імпульс посилився на годинному графіку, оскільки XLM впав ще на 0,8%, опустившись з $0,2478 до $0,2453. Два потужні хвилі продажів проштовхнули токен нижче рівнів $0,2470 та $0,2460, супроводжуючись послідовними сплесками обсягів у 1,71 мільйона та 1,69 мільйона токенів протягом однієї хвилини — що більше ніж у вісім разів перевищує типові рівні.
XLM/USD (TradingView)Ключові технічні рівні сигналізують про продовження тиску на XLMАналіз підтримки/опору:Негайна підтримка утримується на рівні сесійних мінімумів у $0.2449.Потужний опір підтверджено поблизу рівня $0.2600.Критичний рівень підтримки пробито на позначці $0.2520.Аналіз обсягу:Сплеск обсягу на 36,3 мільйона, що на 78% перевищує середньоденний показник.Послідовні сплески обсягу понад 1,7 мільйона під час падіння.8-кратний обсяг торгів підтвердив інституційну ліквідацію.Графічні фігури:Патерн послідовних нижчих максимумів від піку $0.2602.Прискорення ведмежого імпульсу через порушення рівнів підтримки.Дволанкова структура продажів домінує на 60-хвилинному графіку.Цілі та Співвідношення Ризику і Винагороди:Мінімальна ціль знаходиться на рівні $0,2430, якщо імпульс продовжиться.Опір зростає на рівні $0.2520, оскільки колишня підтримка змінила роль.Ключовим рівнем розвороту залишається $0,2600 для спроб відновлення.Відмова від відповідальності: Частини цієї статті були створені за допомогою інструментів штучного інтелекту та перевірені нашою редакційною командою для забезпечення точності та відповідності нашим стандартам. Для отримання додаткової інформації дивіться повну Політику щодо ШІ на CoinDesk.
Melbourne, Australia, February 16th, 2026, Chainwire
LightLink, the chain-abstracted Layer 2 built to make Web3 feel intuitive, today announced the closed early-access launch of Stella, its first native wallet designed to eliminate the complexity of multichain interaction.
Stella represents one of the most significant product milestones in LightLink’s roadmap, marking the beginning of a user experience where intent drives action and blockchain complexity stays hidden behind the scenes. The earliest access cohort includes VIP community explorers, whose insights will influence Stella’s broader rollout in Q1 2026.
“Stella is our declaration that Web3 should feel simple,” said Roy Hui, CEO and Co-Founder of LightLink. “The industry has normalised friction; manual network switching, gas fees, RPC settings. Users shouldn’t need to understand infrastructure just to transact. Stella is the foundation for a future where people interact with blockchain the same way they use the internet: naturally and without technical barriers.”
Stella has been engineered from the ground up to remove operational and cognitive overhead for both users and enterprises. The wallet enables seamless onboarding through Apple or Google authentication, biometric access, seedless security, smooth transfers on LightLink, and unified cross-chain flows through integrations with Stargate, Oku, and Amped Finance.
“Enterprises want Web3 experiences that feel familiar to their customers,” added Dan Enright, Ecosystem Lead at LightLink. “Stella gives builders a wallet layer that doesn’t require users to think about chains or gas. It dramatically reduces drop-off points and opens the door to mainstream-ready applications. This is a major unlock for ecosystem partners and a cornerstone for everything coming in 2026.”
Built entirely around LightLink’s chain abstraction framework, Stella serves as the gateway to a unified multichain universe. Its closed early-access release follows months of engineering, security reviews, and iterative testing. The first explorers will help validate core flows and guide additional features, including private key export, multi-language support, optional themes, and an identity layer designed for a new generation of on-chain applications.
The early-access phase is rolling out in small waves as Stella moves toward its full Q1 2026 launch. Community members and enterprises interested in joining a later wave can join the waitlist here.
About LightLink
LightLink is an Ethereum Layer 2 blockchain that lets DApps and enterprises offer users instant, gasless transactions through chain abstraction. Since their inception in 2017, they have been at the forefront of developing blockchain solutions for major enterprises across the APAC region.
Recognizing the growing demand for interoperability, LightLink transitioned to a Layer 2 focus, aiming to connect millions of users through their enterprise partners and cultivate a truly interconnected digital economy.
LightLink is the first Layer 2 engineered with Optimum architecture and a proprietary tech stack, designed to handle over 10,000 TPS at costs under $0.01 while avoiding gas spikes. Their novel Enterprise Mode allows businesses to operate in a gas-free environment, enabling secure and user-friendly blockchain experiences without transaction fees or entry barriers.
LightLink’s chain has processed over 100 million blocks and handled over 40 million transactions. With over 50 partnerships, including Animoca Brands, The Motorverse, and Rarible, and as the chain partner for Lamborghini’s Fast ForWorld platform, they are powering digital economies and scaling real-world assets and utilities.
LightLink is backed by $11.5M in funding from investors like T&B Media Global, MH Ventures, NxGen, B3V, and Blue7. For more information, users can learn more on the website or follow the team on X, Telegram, or Discord.
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
6 minutes ago
OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
6 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
6 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
6 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
6 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.