Stellar (XLM) Plummets 4.3%—Dragging CoinDesk 20 Into the Red

Another day, another crypto casualty. Stellar (XLM) led the CoinDesk 20 lower with a 4.3% nosedive—proof even 'stable' projects aren’t immune to gravity.

Why it matters: The index lives and dies by its heaviest hitters. When XLM stumbles, the whole market feels it.

Between the lines: Traders are rotating out of mid-caps faster than a hedge fund dumps its bags on retail. XLM’s drop reeks of opportunistic profit-taking—or maybe just another Tuesday in crypto.

The kicker: If this is what passes for a 'correction,' buckle up. Real pain only starts when the suits on Wall Street 'discover' leverage.

Leaders: LINK (+16.3%) and POL (+8.2%).

Laggards: XLM (-4.3%) and BCH (-4.2%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.