Stellar Network Chosen for DTCC Digitalization Efforts Amid XLM Price Decline

The Stellar network has been chosen as the foundational blockchain for DTCC's digitalization of Russell 1000 stocks and US Treasury bonds. As part of this partnership, DTCC will conduct tests on the Stellar network starting July 13th, 2026.

In related news, the price of XLM, the native cryptocurrency of the Stellar network, has fallen to $0.17167 by the end of the second quarter. This decline comes after XLM briefly surpassed its 200-week moving average in May but fell back below it in June.

If the weekly close remains below $0.18244, market analysts are warning of a potential move towards the $0.140 region.