Stellar formed a golden cross across multiple short-term charts. DTCC plans to bring tokenized assets onto the Stellar network. XLM open interest surged as traders increased bullish positions
Stellar (XLM) is extending its strongest rally in years as bullish technical signals and growing trader participation continue supporting the asset’s upward movement. The cryptocurrency has gained nearly 80% over the past week, while a major tokenization initiative and rising derivatives activity have added momentum to the advance.
Traders are closely watching a golden cross that recently formed on Stellar’s four-hour chart. The signal appeared when the 50-period moving average crossed above the 200-period moving average, a pattern often associated with strengthening market momentum. Similar golden crosses have also emerged on the one-hour, two-hour, and three-hour charts, reinforcing the broader bullish trend.
Moreover, Stellar recorded three consecutive days of gains before reaching a high of $0.297 on Saturday. Although the token later pulled back slightly, it continues trading near levels last seen in November 2021. The recent move also pushed XLM above key moving averages that had restricted price growth for much of the year.
Source: Tradingview
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Beyond the technical setup, investors are also reacting to a significant development involving the Stellar network. The Depository Trust & Clearing Corporation and the Stellar Development Foundation recently announced plans to enable tokenized DTC-custodied assets on Stellar. The initiative is expected to launch during the first half of 2027.
The announcement attracted considerable interest because DTCC remains one of the most important institutions within U.S. financial market infrastructure. The organization oversees more than $114 trillion in assets, making the planned integration a notable step for Stellar’s long-term institutional ambitions.
Consequently, many market participants view the partnership as a development that could strengthen Stellar’s role in the growing tokenization sector. Interest in blockchain-based financial infrastructure has expanded significantly as traditional financial firms explore new ways to move and manage digital assets.
At the same time, derivatives traders have continued increasing their exposure to XLM. Data shows Stellar perpetual futures open interest climbed more than 21% during the previous 24 hours, reaching approximately $379 million. Rising open interest often indicates that new capital is entering the market as traders establish additional positions.
Furthermore, the increase suggests that many traders remain confident in Stellar’s short-term and medium-term outlook. Growing participation in derivatives markets frequently accompanies periods of heightened price activity and stronger market conviction.
Additionally, Stellar’s market capitalization has climbed to approximately $8.49 billion, helping the cryptocurrency improve its position among the largest digital assets. The combination of bullish technical signals, growing derivatives demand, and expanding tokenization opportunities has placed XLM among the market’s strongest performers this week.
In conclusion, Stellar’s latest rally is being supported by both technical strength and fundamental developments. Traders will now monitor whether those factors can sustain momentum as the network moves closer to its tokenization objectives.
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