Stellar's native token XLM surged 14% in the latest CoinDesk 20 update, making it the top performer as peers lagged.
The rally followed DTCC's announcement on May 27 that it will integrate Stellar into its tokenized securities platform, making Stellar the first public blockchain in the multi-chain strategy.
Trading volume spiked nearly 850% to almost $900 million. Open interest rose 10.9%, and short squeezes added upward pressure. XLM traded in the $0.28-$0.29 range, pushing its market cap past $9 billion.
DTCC processes trillions in US securities annually. The integration testing starts July 2026, with full rollout targeted for the first half of 2027.
Stellar, long in XRP's shadow, now has a concrete institutional anchor in securities tokenization that XRP lacks.