The DTCC partnership drove XLM up 44% for the week.
AMBCrypto
05-30 13:20
Ai Focus
Stellar rose on news of its tokenization partnership with DTCC, with XLM surging 44% this week.
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Foreign media reports: Stellar shares surged this week, with XLM rising 44% on news of a tokenization partnership with DTCC. DTCC plans to tokenize its custodial assets and make them available on Stellar starting in early 2027.

News of cooperation drives up prices

XLM rose as much as 11% in a single day after the announcement, subsequently climbing from above $0.15 to above $0.20. Denelle Dixon, CEO of the Stellar Development Foundation, stated that Stellar's compliance architecture and open infrastructure are well-suited to this type of market demand.

$0.21 becomes a key level

AMBCrypto points out that XLM has risen above its 200-day moving average, but whether the weekly close will be above this key level remains crucial for judging its future trend. The article mentions that if the $0.21 support level in 2025 holds, the market may continue to test the $0.26 area.

Liquidity is concentrated at the bottom

The liquidation heatmap shows that liquidity is more concentrated below the current price, with the 200-day moving average near $0.19 and significant open interest around $0.15. If XLM falls back and breaks below $0.19, short-term selling pressure may increase again.

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