Stellar costs around $0.214 on October 3, 2026, and is therefore down a good 5 percent within a day. Bad news about Stellar itself does not exist: no outage, no delisting, no glitch in the protocol. The documented background lies one level up. The analysis firm CryptoQuant reported on September 30 that the number of altcoin deposits to trading venues had climbed 160 percent within two weeks, to the highest level since October 2025. Whoever sends coins to an exchange usually wants to sell there. Exactly this supply is now meeting a market in which a great many holders are sitting on a gain.
This piece places the decline at Stellar in that situation, separating the documented figures from the interpretation, and shows what an investor in Germany can check about it in concrete terms: buying route, holding period, leverage and custody.
The Stellar Price Decline in Figures: $0.214 and Minus 5.3 Percent
Stellar trades at around $0.214. Over 24 hours there is a loss of 5.3 percent, over seven days a loss of 1.8 percent. A look at the longer periods turns the picture around: over 14 days XLM is 11.2 percent up, over 30 days 21.0 percent. Calculated over a year, by contrast, a loss of 47.2 percent is on the books, and 75.6 percent separates the coin from its record price of $0.876 set in January 2018.
Market value stands at around $7.5 billion, turnover of the past 24 hours at about $186 million. Around 35.1 billion of a total 50.0 billion XLM are in circulation. Daily turnover is therefore no outlier: on October 1 it was still around $355 million, on October 2 around $217 million. The decline is thus happening at normal trading volume and not in a dried-out market.
Important for placing it: the 5.3 percent is a rolling daily figure. Calculated from midnight to midnight, the decline comes out smaller. The price had risen over the course of October 2 and has given that rise back since.
What CryptoQuant Measured: 160 Percent More Altcoin Deposits to Exchanges
A deposit to an exchange is the transfer of coins out of a self-managed wallet to an account at a trading venue. It is the stage before a sale: as long as a coin sits in your own wallet, it cannot be offered on an exchange.
CryptoQuant counted these transfers for altcoins. The result, published on September 30, 2026: the number of deposits rose 160 percent within two weeks. For the seven days to September 28 the analysis shows around 78,000 deposits, the highest level since October 2025. The second figure is even clearer. The number of addresses from which such deposits originated climbed from 17,600 to around 51,600 in the same period, so almost to triple.
On the same analysis, Binance came to more than 22,700 deposits on a weekly average, Coinbase to more than 8,300, and the remaining platforms together to around 32,000. These platform figures are averages across the week; added up they do not produce the peak figure of September 28, which describes a single seven-day value. As a benchmark the analysis names a peak from July 2026 with around 45,000 transactions in one day.
Why Deposits to Exchanges Are Read as Selling Pressure
The connection is a probability and no automatic mechanism. Coins also travel to exchanges in order to serve as collateral for a leveraged position, to be swapped into another pair or to be placed in a product of the platform. The statistic does not distinguish between these. What it does show is the willingness of many holders to hand control over their coins to a trading venue, and that step precedes a sale more often than a purchase.
Julio Moreno, head of research at CryptoQuant, places the finding like this: comparable deposit peaks have preceded larger price swings in the past. That is a statement about volatility and not about direction. It does not follow that prices have to fall, only that the swings in both directions can turn out larger.
51,600 Depositing Addresses: The Breadth Behind the Figure
The number of addresses carries more meaning than the number of transactions. A single large address can drive the transaction count up without anything changing in the mood of many holders. Where the number of senders triples, by contrast, the movement spreads across a great many accounts.
That is exactly the difference between a single large sale and a broad round of profit taking. A whale sending $200 million to an exchange pushes the price once and is then done. Fifty thousand addresses bringing smaller holdings into…
Read More: Stellar Falls 5 Percent: Why XLM Is Dropping