XLM Jumps 52% as DTCC Partnership Drives Price to Yearly High


XLM Jumps 52% as DTCC Partnership Drives Price to Yearly High
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  • XLM soared 52% this week, reaching $0.259 after DTCC announced integration with Stellar by 2027
  • Trading volumes spiked, liquidations hit bearish positions, and analysts warn of 40% correction if resistance persists

On May 30, 2026 (UTC), Cointelegraph reported that Stellar’s native token XLM surged over 50% this week after US financial giant DTCC announced plans to integrate its tokenized securities platform with the Stellar Network in 2027. This development sharply accelerated XLM trading volume and spiked the token’s price to a yearly high.

The DTCC announcement triggered a short squeeze across exchanges. Bearish traders were forced to liquidate nearly twice as many positions as bullish traders, as rising leverage and negative funding rates contributed to a swift cascade of liquidations.

Following this surge, XLM outperformed the broader crypto market during the week. However, analysts caution that XLM now faces strong resistance between $0.198 and $0.224. Historical trends after major institutional altcoin announcements suggest a risk of sharp downside, with the potential for a 30%–40% correction if XLM fails to break the resistance zone.

As of May 30, 2026, 00:08 UTC, Stellar (XLM) trades at $0.259 with a 25.78% change in 24-hour trading volume, according to the latest market data.

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Article Info
Category
Market
Published
2026-05-30 00:11
NFT ID
PENDING
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