Why is Stellar's XLM up by Over 50% This Week?

Why is Stellar's XLM up by Over 50% This Week? — Cointelegraph.com News
Source: Cointelegraph.com News

Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period. The move followed an announcement that the Depository Trust & Clearing Corporation will integrate its tokenized securities platform with the Stellar network, targeting a launch in the first half of 2027.

DTCC, which clears and settles $10 trillion to $12 trillion in securities transactions daily, launched tokenized trades in July 2026 as part of a multi-chain strategy. XLM rallied 51.75% after the announcement and traded as high as $0.224 on Friday, its highest level since January, with trading volumes rising sharply.

A crowded short trade amplified the upside. Since May 28, short liquidations reached $12.41 million compared with $6.82 million in long liquidations, and open interest nearly doubled to $292.11 million.

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