Stellar XLM Jumps 40% as DTCC Picks It for Asset Tokenization
5 Articles
5 Articles
Stellar XLM Jumps 40% as DTCC Picks It for Asset Tokenization
Stellar’s native token XLM surged more than 40% in the past 24 hours. After the Depository Trust & Clearing Corporation (DTCC) announcing plans to connect its tokenized asset platform to the Stellar network. The move marks one of the most significant institutional endorsements for the blockchain and has fueled renewed optimism across the crypto market. XLM 7-Day Price Chart. Source: CoinMarketCap The rally pushed the current XLM price above $0.…
Stellar (XLM) has experienced one of those climbs that leave newbies with their mouths open and veterans reviewing the fundamentals. The token of the payment network has climbed more than 50% in just a few days, something that has not happened with this intensity for more than a year. The reason? An announcement that has gone unnoticed outside the crypto sector, but that has a very relevant institutional depth: the DTCC (Depository Trust & Clear…
Stellar ($XLM) Surges 33% As DTCC Eyes Tokenization Integration
$XLM, the native token of Stellar, has witnessed a notable spike on Friday, expressing a resurgence in institutional momentum. Particularly, $XLM’s price has jumped by a staggering 33.7% amid the tokenization plans of the U.S. Depository Trust & Clearing Corporation (DTCC). As per the data from CoinGecko, the latest rally of $XLM is crucial, showing the rapid sentiment shift amid the wider blockchain integration. In this respect, the DTCC intend…
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