Stellar invests in Marketnode as XLM falls below key moving averages

Stellar is navigating renewed selling pressure even as the Stellar Development Foundation (SDF) announced a strategic investment in Marketnode. The move aims to expand Stellar’s presence in the evolving institutional digital finance landscape in Asia-Pacific, but so far, XLM trades below major technical levels as sellers remain in control. At Meridian 2026, held on October 28 and 29, the SDF revealed it has invested in Marketnode, a prominent operator of digital market infrastructure in Asia-Pacific. Marketnode is supported by major financial firms, including Euroclear, HSBC, SGX Group, and Temasek.

Source: CoinTurk News