Stellar (XLM) surged nearly 10% today while the whole market dipped; this anomaly is worth noting.
The catalyst is the DTCC (Depository Trust & Clearing Corporation) planning to connect over $30 trillion worth of tokenized securities to the Stellar network. If this materializes, Stellar won’t just be a 'niche payment chain' anymore but will directly integrate with the U.S. traditional finance clearing layer.
Previously, XLM was classified as a 'digital commodity' by the SEC and CFTC, clarifying its legal status and allowing institutions to step in. With the DTCC move, the fundamentals are shifting significantly over the past few months.
The price is still hovering around $0.1, and its market cap isn't high, but the narrative has shifted from what it used to be.
This is just my personal opinion and shouldn't be taken as investment advice.
$XLM $BTC
The catalyst is the DTCC (Depository Trust & Clearing Corporation) planning to connect over $30 trillion worth of tokenized securities to the Stellar network. If this materializes, Stellar won’t just be a 'niche payment chain' anymore but will directly integrate with the U.S. traditional finance clearing layer.
Previously, XLM was classified as a 'digital commodity' by the SEC and CFTC, clarifying its legal status and allowing institutions to step in. With the DTCC move, the fundamentals are shifting significantly over the past few months.
The price is still hovering around $0.1, and its market cap isn't high, but the narrative has shifted from what it used to be.
This is just my personal opinion and shouldn't be taken as investment advice.
$XLM $BTC