XLM Jumps 24% After Wall Street Tokenization Trend Sparks Trading Frenzy

28-May-2026 Crypto Economy

TL;DR:

  • XLM rose 24.4% in 24 hours and surpassed $0.188, with trading volume surging over 1,000% to exceed $1.12 billion.
  • DTCC, the Wall Street clearinghouse overseeing more than $114 trillion in assets, plans to connect its tokenized securities platform to the Stellar network by 2027.
  • XLM’s market cap exceeded $6.3 billion, amid a crypto market where more than $930 million in open positions were liquidated.

Wall Street’s most important clearinghouse chose Stellar as infrastructure to tokenize traditional market securities, and the market responded with a bullish violence few had anticipated. XLM, the network’s native token, was trading around $0.1881 at the time of writing, registering a 24.4% gain over the last 24 hours and a trading volume exceeding $1.12 billion, representing a 1,092% increase from the previous day, according to data from CoinMarketCap.

The Depository Trust & Clearing Corporation (DTCC), the entity acting as the central clearinghouse of the U.S. market and overseeing more than $114 trillion in assets, announced it will connect its tokenized securities platform to the Stellar network by 2027. This decision is based on a no-action letter issued by the SEC in December 2025, which authorizes the DTC to implement and operate a service to tokenize assets held in custody within its system. The proposed architecture would allow market participants to use traditional assets within a digital ecosystem, maintaining the same protections, rights, and safeguards that apply to conventionally custodied securities.

Stellar xlm chart

XLM Breaks Resistance and Keeps Climbing

The reaction from traders was immediate. XLM was trading around $0.146 before the announcement and climbed to $0.17 within hours, breaking through the 50-day moving average that had acted as resistance for weeks. The rally then continued and the token reached an intraday high of $0.18, a level not seen since April 22.

XLM’s surge occurred despite adverse market conditions. According to CoinGlass data, more than $930 million in positions were liquidated during the period, with long positions accounting for approximately $870 million of the total and short positions for just $59 million. The token’s market cap exceeded $6.3 billion, consolidating Stellar as one of the most closely watched projects within the real-world asset tokenization market.

Also read: CFTC Moves to Undo $5M Gemini Deal, Calling Its Own Case Flawed
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