Stellar (XLM) rallied over 14% in 24 hours, breaking above $0.21 as a series of major announcements reignited interest in the network. The Depository Trust & Clearing Corporation (DTCC) revealed plans to tokenize traditional custody assets, including stocks and bonds, on the Stellar blockchain. DTCC, which processes trillions in securities transactions, selected Stellar after evaluating multiple blockchains, citing its compliance capabilities, identity controls, and asset clawback features. This move could enable round-the-clock trading of tokenized traditional assets, significantly boosting Stellar’s role in the real-world asset tokenization sector.
In a separate development, Zebec expanded its enterprise payroll services onto Stellar, allowing businesses to pay employees and contractors via stablecoins with near-instant settlement. Recipients can convert funds to local currencies or spend them through Mastercard-supported cards. Pilot programs with European firms and multinational organizations are already underway, highlighting Stellar’s growing utility in cross-border payments and payroll infrastructure. Mastercard also included Stellar in its expanding stablecoin settlement program, reinforcing institutional confidence.
On-chain data showed a 50% year-over-year increase in developer activity, while derivatives trading volume surged 91.95% on CoinMarketCap. Large wallet accumulation further supported bullish momentum. Technically, XLM bounced from a newfound support near $0.20 after breaking a 5-month resistance zone. If bulls sustain the breakout above $0.22, the next target sits around $0.259. However, a rejection could trigger a pullback toward $0.20. Despite the positive catalysts, traders remain cautious given XLM’s history of sharp retracements following rapid rallies.
