The post How Grayscale Decided to “Diamond Hand” Stellar (XLM)? appeared on BitcoinEthereumNews.com. From its 2025 peak, Stellar (XLM) has fallen from $0.52 to $0.26. Grayscale — one of the leading crypto investment funds — has notably managed its XLM holdings during this downturn. Extreme market fear at the end of the year continues to fuel negative expectations. What does Stellar (XLM) have to face these headwinds? Sponsored Grayscale Holds More Than 116 Million XLM According to the latest data from Coinglass, Grayscale’s XLM holdings increased from last year, before XLM printed a “god candle” in November 2024 with nearly 600% growth. Grayscale successfully accumulated XLM from 70 million to 119 million ahead of the rally. This move highlights the fund’s effectiveness as a smart-money participant that positioned itself before major market swings. Grayscale Investments XLM Holdings. Source: Coinglass However, since early 2025, the fund has stopped accumulating. XLM’s price has stopped setting new highs and entered a downward trend. Compared to the 2025 peak, Grayscale’s XLM holdings slightly decreased to 116.8 million. The fund’s refusal to sell aggressively reflects its investors’ long-term perspective. They appear to view XLM as a valuable asset in the cross-border payments sector. Sponsored More notably, shares of Grayscale Stellar Lumens Trust (GXLM) trade at a premium over its actual Net Asset Value (NAV). Grayscale Stellar Lumens Trust Performance. Source: Grayscale GXLM’s market value sits at $24.85, while its NAV per share is $22.29. The market price is about 10–15% higher than NAV. This premium indicates that investors are willing to pay above the underlying asset value. This condition has dominated most of the trading sessions in 2025. Sponsored However, when comparing Grayscale’s XLM holdings to the more than 32 billion XLM circulating supply, the fund only controls about 0.36% of the supply. This share remains too small to create any decisive impact on the market. What Does… The post How Grayscale Decided to “Diamond Hand” Stellar (XLM)? appeared on BitcoinEthereumNews.com. From its 2025 peak, Stellar (XLM) has fallen from $0.52 to $0.26. Grayscale — one of the leading crypto investment funds — has notably managed its XLM holdings during this downturn. Extreme market fear at the end of the year continues to fuel negative expectations. What does Stellar (XLM) have to face these headwinds? Sponsored Grayscale Holds More Than 116 Million XLM According to the latest data from Coinglass, Grayscale’s XLM holdings increased from last year, before XLM printed a “god candle” in November 2024 with nearly 600% growth. Grayscale successfully accumulated XLM from 70 million to 119 million ahead of the rally. This move highlights the fund’s effectiveness as a smart-money participant that positioned itself before major market swings. Grayscale Investments XLM Holdings. Source: Coinglass However, since early 2025, the fund has stopped accumulating. XLM’s price has stopped setting new highs and entered a downward trend. Compared to the 2025 peak, Grayscale’s XLM holdings slightly decreased to 116.8 million. The fund’s refusal to sell aggressively reflects its investors’ long-term perspective. They appear to view XLM as a valuable asset in the cross-border payments sector. Sponsored More notably, shares of Grayscale Stellar Lumens Trust (GXLM) trade at a premium over its actual Net Asset Value (NAV). Grayscale Stellar Lumens Trust Performance. Source: Grayscale GXLM’s market value sits at $24.85, while its NAV per share is $22.29. The market price is about 10–15% higher than NAV. This premium indicates that investors are willing to pay above the underlying asset value. This condition has dominated most of the trading sessions in 2025. Sponsored However, when comparing Grayscale’s XLM holdings to the more than 32 billion XLM circulating supply, the fund only controls about 0.36% of the supply. This share remains too small to create any decisive impact on the market. What Does…

How Grayscale Decided to “Diamond Hand” Stellar (XLM)?

2025/11/14 19:47

From its 2025 peak, Stellar (XLM) has fallen from $0.52 to $0.26. Grayscale — one of the leading crypto investment funds — has notably managed its XLM holdings during this downturn.

Extreme market fear at the end of the year continues to fuel negative expectations. What does Stellar (XLM) have to face these headwinds?

Sponsored

Grayscale Holds More Than 116 Million XLM

According to the latest data from Coinglass, Grayscale’s XLM holdings increased from last year, before XLM printed a “god candle” in November 2024 with nearly 600% growth.

Grayscale successfully accumulated XLM from 70 million to 119 million ahead of the rally. This move highlights the fund’s effectiveness as a smart-money participant that positioned itself before major market swings.

Grayscale Investments XLM Holdings. Source: Coinglass

However, since early 2025, the fund has stopped accumulating. XLM’s price has stopped setting new highs and entered a downward trend. Compared to the 2025 peak, Grayscale’s XLM holdings slightly decreased to 116.8 million.

The fund’s refusal to sell aggressively reflects its investors’ long-term perspective. They appear to view XLM as a valuable asset in the cross-border payments sector.

Sponsored

More notably, shares of Grayscale Stellar Lumens Trust (GXLM) trade at a premium over its actual Net Asset Value (NAV).

Grayscale Stellar Lumens Trust Performance. Source: Grayscale

GXLM’s market value sits at $24.85, while its NAV per share is $22.29.

The market price is about 10–15% higher than NAV. This premium indicates that investors are willing to pay above the underlying asset value. This condition has dominated most of the trading sessions in 2025.

Sponsored

However, when comparing Grayscale’s XLM holdings to the more than 32 billion XLM circulating supply, the fund only controls about 0.36% of the supply. This share remains too small to create any decisive impact on the market.

What Does Stellar (XLM) Have to Counter Selling Pressure?

November 2025 marked a pivotal moment when seven major crypto players — Fireblocks, Solana Foundation, TON Foundation, Polygon Labs, Stellar Development Foundation, Mysten Labs, and Monad Foundation — officially launched the Blockchain Payments Consortium (BPC).

This alliance aims to promote blockchain-based payment standards. BPC focuses on cross-chain integration, enabling XLM to reach millions of users across other ecosystems. These developments could boost demand in 2026.

Sponsored

In parallel, the Stellar ecosystem continues to see explosive growth in Real-World Assets (RWA). Total RWA value on the network reached a record $654 million in November 2025, up from $300 million at the beginning of the year.

Tokenized Asset Value on Stellar. Source: RWA

Charts from RWA.xyz show significant contributions from tokenized funds, including Franklin OnChain US Government Fund and WisdomTree Prime.

However, real adoption stories do not always align with market sentiment. Recent analysis indicates that XLM has historically performed poorly in November. With altcoins drowning in extreme fear, XLM may struggle to escape the broader negative trend.

Source: https://beincrypto.com/how-grayscale-holds-xlm-as-the-price-drops/

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