Why is Stellar's XLM up by over 50% this week?
60-second summary
Stellar's XLM is up by over 50% this week after US financial giant DTCC announced a partnership with the Stellar Network, signaling significant growth potential for the cryptocurrency. However, XLM still risks a sharp downside in the coming weeks due to market volatility and potential oversaturation, which could temper its recent gains and stabilize its price.
XLM rallied after US financial giant DTCC announced a partnership with the Stellar Network, but it still risks a sharp downside in the coming weeks.