Global

Stellar's XLM is under pressure this week, showing signs of weakness on its charts and in market sentiment. After a period of sideways trading, the token is at a critical juncture, with its short-term outlook turning pessimistic.

The GameFi sector has struggled, hampered by complex and unsustainable tokenomics, luck-based gameplay, and bot activity.

Despite a recent price slip from its high of $25, Avalanche (AVAX) shows a strong underlying network health. While the token's value dropped to $23.61 due to a broader market sell-off, its on-chain activity tells a much more bullish story.

Chainlink (LINK) has shown exceptional performance, gaining more than 130% since June and reaching a seven-month high of $26.6 on August 19.

PowerBank Corporation (formerly SolarBank) is a North American renewable energy company expanding its operations in solar and battery storage while pioneering a new strategy that integrates digital finance.

TRON (TRX) is currently facing a weak market, with its price recently dropping by 1.71% to $0.3455. This dip is part of a broader market downturn led by Bitcoin, causing TRON's market cap to fall slightly to $32.7 billion.