Stellar [XLM] has lost momentum since DTCC announced in May that its tokenization service would connect with the Stellar public blockchain. DTCC is now preparing to launch the service in October after processing live production transactions with tokenized DTC-custodied assets in July, with dozens of institutions involved. Stellar remains on the roadmap, and tokenized DTC assets are expected on the network in the first half of 2027. XLM traded around $0.172 as of September 2, after falling from above $0.20. Technical and derivatives indicators show weak momentum, with open interest falling from about $95 million to $78.6 million.
Stellar [XLM] may be regaining attention as DTCC prepares to launch its tokenization service in October. The initiative follows the May announcement that the service would connect with the Stellar public blockchain, and after processing live production transactions with tokenized DTC-custodied assets in July alongside dozens of institutions, the launch is reportedly set for October.
Tokenized DTC assets are expected to become available on the Stellar network in the first half of 2027, according to the roadmap. This timeline leaves unanswered whether an immediate rally will follow, but it could provide more clarity on how large a role public networks such as Stellar will play in the long-term growth trajectory.
For now, XLM price outlook remains weak. The token traded at approximately $0.172 on September 2, after pushing above $0.20 in late August and gradually giving back those gains.
The 14-day RSI was near neutral, while MACD has turned weaker. At press time, the MACD line was below the signal line and the histogram was negative.
Derivatives data also points to reduced risk appetite. Aggregated open interest fell from around $95 million to $78.6 million over the past week, indicating traders are cutting leveraged exposure. Funding was still positive at 0.0031, suggesting positioning is not outright bearish, though confidence among traders remains limited.
