Stellar (XLM) has made waves in the cryptocurrency market with a remarkable surge in recent days. As a “golden cross” pattern emerged on its short-term charts, Stellar soared by nearly 80 percent over the week. This technical signal appeared when the 50-day moving average crossed above the 200-day moving average on the four-hour chart, confirming a powerful upward momentum.
The rally sparked by the golden cross
In technical analysis, the golden cross is seen as a bullish indicator, often marking the beginning of a sustained uptrend. On Stellar’s four-hour chart, this crossover was observed, and similar patterns appeared on the one-hour, two-hour, and three-hour charts at various times throughout the week.
Following the emergence of this formation, XLM experienced three consecutive days of steep gains. Stellar—rising at its fastest pace since November 2021—spiked all the way to $0.297 on Saturday before experiencing a partial pullback.
DTCC partnership and tokenization milestone
One of the main drivers behind Stellar’s surge was an announcement released Wednesday, revealing a partnership between the Stellar Development Foundation and DTCC, a key infrastructure player in US financial markets. According to the joint statement, asset tokenization under DTCC’s supervision will become possible on the Stellar network by the first half of 2027.
Mini glossary: DTCC (Depository Trust & Clearing Corporation) is a central institution in the US financial markets, providing clearing, settlement, custody, and post-trade services for securities and managing assets exceeding 100 trillion dollars.
Following the DTCC announcement, market focus quickly shifted to Stellar and short-term price targets moved higher. Many believe this step toward tokenization could make the Stellar ecosystem more attractive to institutional investors in coming years.
Price movements and key technical levels
On the price front, Stellar managed to break through the 50- and 200-day moving averages at the $0.164 and $0.19 resistance levels, both of which had weighed on its performance since the start of the year. The weekend’s $0.297 peak marked XLM’s highest level in two years.
Currently, XLM is trading at $0.253, up 19 percent in the past 24 hours. This fresh rally suggests a new wave of buying interest and strong demand in the market.
Futures interest and market capitalization
Interest in Stellar’s derivatives markets is also surging. The total open interest in perpetual futures contracts jumped 21.78 percent in the past 24 hours, reaching $378.99 million. This uptick indicates sustained bullish expectations among retail traders in the short and medium term.
Stellar’s total market capitalization now stands at $8.49 billion, ranking the coin 14th overall—right behind Cardano on the industry leaderboard.
Successive golden cross signals appearing across all of Stellar’s short-term charts have attracted strong investor attention. The expectation that the network will bolster its institutional presence, particularly with the DTCC collaboration, has fueled Stellar’s gains in both spot and futures markets.
Looking ahead, Stellar’s rapid rally and institutional headlines are drawing renewed interest from investors eager for further gains. Industry experts are closely monitoring whether the project can sustain this momentum and continue attracting major partnerships.
With the combination of positive technical signals and corporate moves like the DTCC effort, Stellar appears unusually well-positioned for additional growth if current trends persist.
While short-term volatility remains a risk, the latest developments underline how strategic collaborations and bullish technicals can quickly reshape sentiment and price action in the crypto space.
