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XLM price struggles, but Stellar’s biggest catalyst may still be ahead

Pace is weak now, but the October tokenisation launch could help network the back to its feet.

XLM price struggles, but Stellar’s biggest catalyst may still be ahead

Stellar [XLM] isn’t the party favorite right now, but that might soon change.

DTCC is moving closer to launching its tokenization service, and Stellar is expected to be part of that rollout. Will the development help XLM price?

DTCC puts Stellar back in the spotlight

Stellar’s price has slowed down since DTCC first announced in May that its tokenization service would connect with the Stellar public blockchain.

However, there’s more to look forward to now.

DTCC is reportedly preparing to launch the service in October. This is after processing live production transactions with tokenized DTC-custodied assets in July along with dozens of institutions.

Stellar is already part of the roadmap. Tokenized DTC assets are expected to become available on the network in the first half of 2027.

Will there be an immediate rally? One can’t say.

However, there will be much more clarity on how large of a role public networks like Stellar will play. This will give a better picture on the long-term growth trajectory.

XLM price in trouble?

The hope from these developments is far away in the future; the XLM price outlook right now looks somewhat grim.

XLM traded at around $0.172 on the 2nd of September. The token pushed above $0.20 in late August, and since then, XLM has been steadily given back parts of that move.

xlm price
Source: TradingView

The 14-day RSI was near neutral, and the MACD has also turned weaker. The MACD line was below the signal line at press time, and the histogram was also negative again.

Derivatives also look fairly weak.

Source: Coinalyze

Aggregated open interest fell from about $95 million to $78.6 million over the past week; traders are reducing leveraged exposure.

Funding was still positive at 0.0031, so positioning isn’t outright bearish. However, there isn’t enough confidence among traders.


Final Summary

  • XLM price is weak as it stands, at $0.172.
  • DTCC’s October tokenization launch will put Stellar in focus.

 

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Samyukhtha L KM

Journalist

Samyukhtha L KM is a financial journalist and market analyst at AMBCrypto. She covers key market moves, blockchain adoption, and socially-driven crypto trends. She also enjoys providing fresh takes through commentaries on emerging narratives.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.