Stellar's XLM token has recently fallen below the $0.20 threshold, reversing the recovery seen last year. According to NS3.AI, despite this price decline, on-chain metrics indicate robust investor engagement, with new all-time highs in locked XLM and consistent user activity. The total value locked (TVL) in Stellar's decentralized finance (DeFi) protocols has exceeded 900 million XLM, primarily driven by the Blend and Aquarius Stellar protocols. Furthermore, the growth in tokenized real-world assets and stablecoin activity, supported by organizations like MoneyGram, may support future demand for XLM despite the current price challenges.