The price of Stellar (XLM) experienced a significant increase this week, driven by the announcement that Wall Street clearing giant DTCC is expanding its operations on the Stellar network. DTCC, in collaboration with the Stellar Development Foundation, revealed plans to enable the tokenization of DTC-custodied assets directly on the Stellar network. This pivotal development is anticipated to make DTC-tokenized assets available on Stellar by the first half of 2027. The move holds immense significance given DTCC's central role in the U.S. market infrastructure, overseeing an astounding $114 trillion in assets.

Following this news, XLM's price surged by over 50% in the last seven days, marking a rally not seen since July 2025. At the time of writing, Stellar's price had climbed 30.60% in the preceding 24 hours to $0.2191, representing the largest daily increase among the top 100 cryptocurrencies by market capitalization. This surge propelled XLM past major privacy token Monero (XMR) in the crypto rankings. Stellar (XLM) now holds the 14th spot with a market capitalization of $7.16 billion, surpassing Monero (XMR), which is ranked 15th with a market cap of $6.82 billion. Such shifts in cryptocurrency rankings often occur when an asset experiences substantial buying pressure and a sudden price spike, leading to a rise in its market valuation.

The XLM price rally commenced from a low of $0.146 on May 27 and continued its ascent for three consecutive days, reaching an intraday high of $0.223. This impressive rise was accompanied by a dramatic increase in trading activity, with XLM's daily trading volume spiking by as much as 924% at one point during the rally. Market participants are attributing Stellar's robust performance primarily to heightened institutional interest in tokenized assets and the growing demand for blockchain-based financial infrastructure. The rally also saw XLM break through critical resistance levels, including the daily Moving Averages 50 and 200 at $0.16 and $0.19, respectively, which had previously contained XLM's price action since September 2025. This strong performance by Stellar is particularly noteworthy as it unfolds amid a broader market pullback, with Bitcoin and other major cryptocurrencies experiencing declines of approximately 5% to 7% over the past week, even as global stock indexes reached record highs.