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via Cointelegraph · By Cointelegraph Staff
Why is Stellar's XLM up by Over 50% This Week?
XLM
XLM/USDT
$0.1569
-0.76%
$0.1569
-0.76%
(24s)24h Volume
$21,305,286.09
24h H/L
$0.1599 / $0.1566
Change: $0.003300 (2.11%)
Funding Rate
+0.0059%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(01:34 PM UTC)
1 min read
Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period.
Key takeaways:
- US financial giant DTCC announced it would integrate its tokenized securities platform with the Stellar Network.
- XLM rallied by over 50% after the announcement, but risks a sharp downside in the coming weeks.
DTCC partnership…
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