TL;DR:
Stellar accumulated a week of institutional-grade catalysts that reshuffled the cryptocurrency rankings by market capitalization. With a current price of $0.2458 and a market cap of approximately $8.3 billion, XLM displaced Cardano (ADA) to position 14, where it trades at $0.2270 with a market cap of $8.2 billion. Both assets recorded losses over the last 24 hours —2% and 3%, respectively— although XLM’s volume grew 9% to around $1.5 billion.
The trigger was the announcement by the DTCC —Depository Trust & Clearing Corporation, custodian of over $114 trillion in assets within the U.S. financial infrastructure— of its partnership to tokenize shares from the Russell 1000, ETFs and U.S. Treasury bonds on Stellar’s public blockchain. The project is set to be presented in early 2027. The news pushed XLM to a high of $0.297 on Saturday, before a partial correction that did not reverse the underlying trend.
Research platform 10x Research identified XLM among the top-performing assets of the week, recording a 76% gain over seven days. The firm’s analysis highlights four technical and fundamental catalysts: XLM is trading above its 7- and 30-day moving averages, both bullish signals, simultaneously with the institutional adoption news.
On another front, Cash App, Block’s payments application, enabled transactions in USDC on the Stellar network for its 60 million users, directly expanding the network’s utility in everyday payments. Meanwhile, Bermuda confirmed it will migrate its national payment services to Stellar, becoming the first government to transition toward a fully on-chain economy. The move aims to reduce merchant fees, which can currently reach 10%.
