5 min read Bitcoin and top altcoins are rising today, aided by the improving geopolitical situation.
Bitcoin has risen above 73.2k, up from a 6-week low of 72k yesterday. Whilst the total market capitalization across all coins has risen 0.8% to $2.4 billion over the last 24 hours.
The White House has confirmed that the U.S. and Iran have reached an agreement on a memorandum of understanding to extend the ceasefire by 60 days and allow formal negotiations. However, President Trump has yet to sign off on this.
However, certain altcoins are outperforming.
DTCC’s partnership
Stellar’s XLM has risen by 30% over the past 24 hours, reaching a high of 0.22, a level last seen in late January, and up 48% this week.
The surge in XLM comes amid a new tokenization partnership with The Depository Trust and Clearing Corporation (DTCC). The DTCC is one of the world’s largest clearinghouses and has announced plans to connect its digital asset tokenization platform with the Stellar blockchain.
The DTCC oversees more than $1.4 trillion in assets from customers worldwide and has been progressively embracing blockchain technology, exploring opportunities in the TradFi space.
The initiative, set to roll out in the first half of 2027, could enable a range of traditional financial products, including large-cap equities, index ETFs, and U.S. Treasuries, to interact with infrastructure built on Stellar’s network.
The U.S. Securities and Exchange Commission gave the DTCC the go-ahead to start experimenting with tokenized assets in December last year through a No-Action Letter. The company will offer a defined tokenization service for three years before further implementing the technology.
The DTCC has clarified that it expects to integrate other public blockchains in the future. This means Stellar won’t be the sole infrastructure provider for this venture. Even so, XLM could benefit tremendously from growing adoption, even if only a fraction of DTCC’s assets move across the blockchain. That still means billions of dollars in daily transactions.
The announcement sparked heavy buying activity in XLM, the native asset used for network fees and account operations. Trading volume for XLM spiked 440% over the past 24 hours, highlighting excitement in the crypto market over the news. This is also being viewed as another sign of growing institutional interest in real-world asset tokenization.
Can the rally continue?
The DTCC partnership introduces a long-term institutional case for Stellar. This could support the price higher.
However, the rollout is not expected until 2027, meaning any increase in network activity linked to the initiative remains a future prospect rather than a near-term catalyst. Once the excitement surrounding the announcement fades, the market could start reassessing the token based on current conditions rather than long-term expectations.
Continued weakness in Bitcoin or further deterioration in the macroeconomic backdrop could weigh on speculative assets such as XLM.
XLM technical analysis
After months of trading below its long-term trend indicators, XLM has pushed above the 50 and 200 SMA at 0.18, rising to a peak of 0.2236 on Friday as volume surged. However, the RSI is overbought, which warrants caution.
Should bulls extend gains, buyers will look to rise above 0.25, the 2026 high, before buying 0.35. The falling trend line resistance is the focus. A rise above here could spark gains towards 0.52, the 2025 high.
On the downside, immediate support is seen at 0.19, the 200 SMA, with a break below here opening the door to 0.18, the April and March highs ahead of the 50 SMA at 0.16. It would take a break below 0.14 to create a low, allow
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