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via Cointelegraph · By Cointelegraph Staff
Why is Stellar's XLM up by Over 50% This Week?
XLM
XLM/USDT
$0.1782
+0.62%
$0.1782
+0.62%
(24s)24h Volume
$41,371,893.04
24h H/L
$0.1794 / $0.1761
Change: $0.003300 (1.87%)
Funding Rate
-0.0021%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(01:34 PM UTC)
1 min read
1100 views
0 commentsStellar’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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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