The recent price movement in Stellar (XLM) can be understood as a natural correction following an extremely overextended rally triggered by the announcement of the DTCC integration.
As the broader crypto market has cooled and deleveraged, XLM's overheated long side is unwinding, leading to a price correction. The correction is not due to any negative news or updates on the DTCC partnership or Stellar's core fundamentals.
The technical indicators of XLM were extremely overbought before the correction, with daily RSI around 79 and other momentum indicators at overbought levels. Analysts had warned that XLM was in 'no man's land' and could 'give back the majority of its gains' if the rally continued.