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XRP and XLM outlook: Bearish streak extends as risk-off mood erodes retail demand, ETF flows
Ripple (XRP) and Stellar (XLM) prices face intense selling pressure, extending losses on Thursday for the fourth consecutive day this week. Cross-border remittance tokens are losing retail sentiment, while XRP faces additional pressure from Exchange-Traded Fund (ETF) outflows. Stellar experiences a sharp correction in its newfound retail demand built on the Depository Trust & Clearing Corporation (DTCC) partnership to tokenize assets. CoinGlass data shows the XLM futures Open Interest (OI) to $260.35 million on Thursday, maintaining a steady decline from the $358.78 million peak on Monday. This suggests a sharp ... (full story)
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