- Stellar gained 36% weekly as investors backed expanding tokenization activity.
- Real-world assets on Stellar grew 22% to $2.83 billion.
- Short liquidations exceeded $1.32 million, accelerating XLM’s upward momentum.
Stellar (XLM) has emerged as the strongest-performing major cryptocurrency this week, posting a gain of more than 36% over the past seven days. The rally pushed the token to around $0.249 as investors responded to accelerating real-world asset activity on the network and a wave of liquidations that caught bearish traders off guard.
The latest price surge has drawn attention to Stellar’s growing presence in the tokenization sector. At the same time, traders appear to be positioning for broader adoption as institutional interest in blockchain-based financial infrastructure continues to expand.
Also Read: Solayer Debuts Margin Trade, Bringing Crypto, Commodities and Equities Into One Onchain Platform
DTCC Integration Strengthens Stellar’s Tokenization Narrative
One of the key factors supporting XLM’s rally is Stellar’s involvement in a tokenization initiative linked to the Depository Trust & Clearing Corporation (DTCC). The American financial infrastructure giant is preparing to launch a closed testnet for tokenized U.S. stocks and Treasury bonds in July.
Moreover, the project is expected to move toward a wider rollout during the first half of 2027. This development has increased optimism around Stellar’s role in facilitating tokenized financial assets and settlement infrastructure.
Recent on-chain data also highlights growing activity across the network. According to RWA.xyz, the total value of real-world assets on Stellar reached $2.83 billion, representing a 22% increase over the past month. Additionally, monthly transfer volume climbed 155% and surpassed $672 million, indicating stronger adoption among users and institutions.
Short Sellers Face Heavy Losses as XLM Extends Gains
Derivatives market activity added another layer of momentum to Stellar’s advance. As XLM continued moving higher, traders holding short positions faced mounting pressure, resulting in significant liquidations across the market. According to Coinglass data, total liquidations involving Stellar reached $2.56 million during the past 24 hours. Short positions accounted for $1.32 million of those losses, showing that many traders were positioned for a decline rather than a rally.
Macroeconomic developments also played a role in the market reaction. The U.S. Department of Labor reported 226,000 initial jobless claims, slightly above expectations of 225,000. Consequently, volatility increased across financial markets as investors reassessed economic conditions and monetary policy expectations.
During the most active four-hour trading period, more than $330,000 worth of XLM short positions were liquidated. That wave of forced buying further accelerated Stellar’s upward move and helped extend the token’s weekly gains. Stellar’s rally reflects a combination of growing real-world asset activity and strong market momentum. With tokenized asset volumes expanding and short sellers exiting positions, XLM has positioned itself as one of the strongest performers in the cryptocurrency market this week.
Also Read: Uniswap Whale Transactions Hit Seven-Month High as Network Usage Climbs
