DTCC Partnership Fuels 52% Rally in Stellar’s XLM Amid $12M Short Liquidations

• DTCC taps Stellar for tokenized securities roll-out
• XLM shorts face $12M liquidations in weeklong rally

On May 29, 2026, Cointelegraph reported that Stellar’s XLM token jumped 52% after the Depository Trust & Clearing Corporation (DTCC) announced a direct partnership to connect its tokenized securities platform with the Stellar blockchain.

DTCC's announcement drove a surge in XLM trading volume as leveraged buyers accelerated the rally. Short positions worth about $12.4 million were liquidated, nearly 1.8 times the amount of long liquidations, resulting in a short squeeze that pushed prices higher.

Traders saw the DTCC-Stellar partnership as a signal of mainstream adoption for Stellar's network, fueling optimism and further leveraged buying.

However, XLM is now testing key resistance levels between $0.22 and $0.23. In previous years, similar news-driven rallies for XLM in 2024 and 2025 led to sharp reversals after initial gains.

As of May 29, 2026, at 19:08 UTC, Stellar (XLM) trades at $0.22 with a 7.2% change in 24-hour volume, according to CoinMarketCap.