Stellar’s Meridian conference kicks off this week in Lisbon with a speaker list that leans heavily toward traditional finance and enterprise. DTCC’s Global Head of Digital Assets, Nadine Chakar, is set for a fireside chat on October 28. Other confirmed participants include representatives from BNY, U.S. Bank, Cantor Fitzgerald, Meta, and General Motors.
Across two days at Convento do Beato, the gathering mixes infrastructure leaders, enterprise executives, and blockchain builders around real-world applications of the Stellar network. The October 28 – 29 keynote addresses will be available for streaming online too.
XLM sits on a rising base that could define the next move
While the conference builds, XLM is priced near $0.167 and testing a rising weekly support zone highlighted around $0.16–$0.17. Analysts watching the chart point to $0.2254 as the first recovery hurdle, followed by a steeper descending trendline.
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Clearing both would open a path toward $0.45–$0.50, where a larger macro downtrend comes into view. One sketched scenario allows for an initial rejection before a second attempt higher.
A clean break and successful retest of that barrier would then put the upper rising trendline near $0.80 in focus.
A dive below the current rising base would undercut the bullish structure.
RWA tokens slide while fundamentals and prices diverge
The wider real-world asset sector has taken a hit over the past 30 days. One tracker showed CFG down 36.6 percent, ONDO down 24.5 percent, XLM down 23.1 percent, SYRUP down 21.2 percent, and LINK down 20.1 percent. Among the group, LINK is drawing particular attention for a clearer fundamental backdrop.
Fifteen institutional partners were added this year, including Mastercard, Deutsche Börse, and S&P Global, while the underlying infrastructure continues to expand. The token remains roughly 35 percent lower year to date, highlighting a gap between network activity and price action.
Institutional interest meets a fragile Stellar price reading
Meridian’s line-up underscores continued engagement from traditional finance with the Stellar network even as XLM holds near multi-month support.
Whether that attention converts into sustained price strength hinges on defending the rising base and clearing the nearer resistance levels.
The broader RWA momentum weakness shows that adoption stories have not fully shielded tokens from recent drawdowns. Traders following the setup are watching first whether $0.16–$0.17 holds and how the market responds once the Lisbon sessions get underway.
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