Stellar [XLM] price action eased into a short-term correction, though the broader trend remained constructive. After pushing into the upper boundary of a bullish flag near $0.185, the price faced rejection and pulled back. That retracement slowed near-term momentum but did not damage the broader structure. The token’s long-term on-chain metrics still leaned bullish, backed by strong yearly gains. Why is TVL growth still important? Stellar’s Total Value Locked [TVL] climbed from about $46 million in May 2025 to over $204 million by late April. That marked a sharp rise in committed capital. Moves of this scale often reflect long-term conviction rather than short-term speculation. Larger participants appeared to allocate with longer time horizons as ecosystem usage expanded. That shift made the current pullback more notable. Price cooled, but capital commitment continued rising underneath. DEX activity reinforces the accumulation case That trend also showed in decentralized trading. Stellar’s [XLM] DEX Volume surged over the past week before easing slightly in the last 24 hours. Rising DEX activity typically pointed to stronger organic participation. Despite short-term cooling, the broader trend still suggested growing engagement. Together, TVL and DEX growth indicated that the correction occurred alongside improving demand. Is the bullish structure still intact? Even so, Stellar entered a correction phase without turning bearish. The bullish flag breakout remained structurally valid, supported by strengthening on-chain activity. For now, price action cooled while long-term conviction appeared to build. That mix often carried more weight than the pullback itself. If capital continued flowing into the ecosystem, the correction could resemble consolidation rather than weakness. Final Summary Stellar [XLM] faced rejection near $0.185, triggering a short-term pullback without breaking its broader bullish structure Total Value Locked rose from ~$46M to over $204M in under a year, showing strong long-term capital commitment
Stellar’s correction is here – But THESE 2 trends still back XLM bulls
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