Stellar rallies 50% after DTCC names it partner for tokenized securities

• Stellar's XLM token soared over 50% after US clearing giant DTCC selected the network for its upcoming tokenized securities platform
• The surge was driven by short liquidations, surging trading volume, and increased leverage, even as analysts highlighted strong resistance levels

On May 29, 2026, Cointelegraph reported that Stellar’s XLM soared over 50% this week after US clearing giant DTCC announced it has chosen Stellar to underpin its new tokenized securities platform, targeting a launch in the first half of 2027.

This move positions Stellar as a core blockchain partner as DTCC seeks to modernize securities settlement infrastructure. The XLM rally accelerated following the announcement, with Cointelegraph noting $12.4 million in short positions were liquidated while trading volume and leverage spiked as traders moved quickly to capitalize.

Analysts cautioned that XLM now faces significant long-term resistance, a pattern reminiscent of previous news-driven rallies that either reversed or consolidated as profit-taking set in.

As of May 29, 2026, 15:08 UTC, XLM traded at $0.205, up 6.1% on the day, based on the latest market data.