$XLM Pulled back to 0.19, and someone’s already saying the rally is over?

The CFTC has classified XLM as a digital commodity, on par with BTC; the RWA market cap has reached $347 million, and TVL has also hit a new high of $273 million.

Put simply, the chart may look ugly, but on-chain locked value is still making new highs, so one side of this has to correct eventually.

Bullish case: regulatory recognition plus growth in on-chain locked value. As long as it doesn’t break below 0.185, I’ll keep holding.

Don’t just stare at the candlesticks—on-chain data matters too.