Stellar (XLM) is trading below the $0.20 level, hovering near $0.177918 as market participants weigh the possibility of a price recovery toward $0.191 and, if momentum builds, a move toward the $0.29 breakout level. Recent trading activity has left XLM under pressure, with daily losses of around 2.3% and price action sitting below the main Fibonacci base of $0.191017.
XLM price struggles below key resistanceOn Coinbase, XLM’s price recently dipped to approximately $0.177918, tracking below a significant support zone. Daily volume reached $142.4 million, and Stellar’s market capitalization remains near $6.32 billion. Despite these figures, analysts reported that sellers continue to maintain control over XLM’s short-term price direction, especially after price fell below the important $0.20 mark.
For traders watching XLM, the $0.191017 resistance is the first clear threshold that buyers must reclaim to improve sentiment. A daily close above this area would suggest stronger demand and could signal a short-term trend reversal. If XLM weakens further, support levels are found at $0.170, $0.160, and as low as $0.150.
The daily chart for XLM shows that buyers need to close the price above $0.191017 to regain momentum, while sellers remain in control below this zone.
The weak price action follows a failed recovery attempt above $0.25, highlighting persistent selling pressure. Until bulls can reclaim the $0.191017 area, downside risks remain in focus.
$0.29 remains the breakout level for XLMMarket participants cited $0.29 as the main breakout level to watch in the coming weeks. Clearing that hurdle would signal a more convincing bullish shift, opening the door to higher resistance zones and possible continuation toward long-term price targets. However, before targeting $0.29, XLM will likely face resistance at $0.226590, $0.254515, and $0.274130.
Resistance LevelPriceImmediate resistance$0.191017Secondary resistance$0.20Next resistance$0.226590Intermediate resistance$0.254515Breakout target$0.29More optimistic targets referenced in social media posts include $0.52, $0.64, $0.80, and, under highly favorable conditions, $1.10. These targets remain distant as long as XLM fails to hold above $0.29 for an extended period.
A popular XLM analyst noted that, despite recent weakness, a decisive move above $0.29 could set the stage for a sustainable price rally.
New analytics dashboard launches for StellarStellar has rolled out a new analytics dashboard in partnership with Allium Labs. The platform offers real-time monitoring of network data, including active wallet addresses, transaction volumes, smart contract usage, fees, and overall blockchain performance.
The dashboard also tracks Real-World Assets (RWA) within the Stellar ecosystem, presenting tokenized asset valuations, issuer details, and activity related to RWA transactions. This comprehensive data aims to provide developers and institutional users with deeper insights into Stellar’s growing presence in asset tokenization.
Mini dictionary: Allium Labs, a data analytics firm specializing in blockchain and DeFi analytics, collaborates with blockchain projects to deliver network and performance insights, helping users and developers access real-time, actionable data.
Despite this new transparency, XLM remains in a cautious technical position. The MACD indicator is showing weakness, while the Relative Strength Index sits near 40.62, suggesting subdued buying interest. For momentum to shift, buyers must first reclaim the $0.191017 area before $0.29 becomes a realistic target.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key Takeaways Lockheed Martin exceeded Q2 earnings projections with EPS of $7.94 compared to analyst expectations of $7.09 Quarterly revenue climbed 11% year-over-year to $20.06 billion, surpassing the anticipated $19.34 billion New contracts totaling $65 billion drove the order backlog to an unprecedented $230 billion Annual EPS forecast increased to $29.95–$30.65 range; revenue projection elevated to $79.75–$81.75 billion Shares traded flat at $568.60 in Friday premarket activity following Thursday’s rally Lockheed Martin (LMT) impressed investors with strong second-quarter results released Thursday, providing substantial evidence of operational momentum.
Lockheed Martin Corporation, LMT
The aerospace and defense leader reported GAAP diluted earnings per share of $7.94, significantly exceeding the $7.09 consensus forecast. Quarterly revenue reached $20.06 billion, representing an 11% increase from the same period last year and beating expectations of $19.34 billion.
Thursday’s trading session saw shares jump following the announcement, although LMT remains approximately 17% off its 2026 peak entering Friday. The stock showed no movement in early morning trading, holding steady at $568.60.
The quarter’s most impressive metric was the order backlog. Lockheed closed Q2 with an industry-leading $230.4 billion in committed orders — representing a $64 billion increase year-over-year. The firm achieved a remarkable 3.2-to-1 book-to-bill ratio, indicating $3.20 in new business secured for each dollar of recognized revenue.
This substantial backlog reflects major contract wins during the period. The company secured a massive $35 billion THAAD interceptor agreement and a $3 billion GMLRS contract, contributing to $65 billion in total quarterly bookings.
Cash generation showed marked improvement with free cash flow reaching $2.9 billion in Q2, bouncing back from previous-year challenges related to program setbacks and supply chain constraints.
Updated Financial Projections Leadership upgraded the full-year earnings per share forecast to $29.95–$30.65, representing an increase from the previous $29.35–$30.25 guidance. This updated range exceeds the Street’s consensus estimate of $29.86.
Revenue projections for 2026 were also elevated to $79.75–$81.75 billion, up from the earlier $77.5–$80.0 billion range. Analysts had been modeling $79.14 billion for the year.
Operational highlights from the quarter included restarted F-16 deliveries, expanded C-130 manufacturing, and ongoing advancement of the Grizzly counter-drone platform.
Business Unit Performance The Aeronautics division is forecast to deliver $31.7–$32.7 billion in annual revenue, with mid-single-digit percentage growth anticipated in the latter half driven by expanded F-35 manufacturing.
Missiles and Fire Control is projected to contribute $16.5–$16.9 billion, with momentum building in the second half as ammunition production scales up.
Rotary and Mission Systems is targeted for $17.7–$18.1 billion in sales, bolstered by radar initiatives and increased Sikorsky helicopter production.
The Space segment forecast was upgraded to $13.85–$14.05 billion, fueled by Next Generation Interceptor and Fleet Ballistic Missile development work.
Derivatives market activity supports the bullish narrative. January contract put-to-call ratios stand at 0.67x — suggesting optimistic positioning. The maximum strike price on these contracts approaches $645, representing potential appreciation exceeding 14% from current trading levels within the next half year.
Analyst consensus rates LMT as a “Moderate Buy,” with an average price objective around $611 — approximately 7% higher than Friday’s opening price.
Key Highlights Tenet Healthcare shares skyrocketed 23% following a blockbuster Q2 report showing adjusted EPS of $6.12 versus the $4.26 consensus forecast The company boosted its annual EPS forecast to $20.30–$21.69 from the previous $16.38–$18.68 range HCA Healthcare climbed a modest 3.7% after confirming previously disclosed Q2 figures HCA reduced its annual EPS projection to $28.70–$30.50 from $29.10–$31.50 Investment firm Barclays increased its Tenet target price to $271 from $240 while keeping its Overweight stance Tenet Healthcare (THC) shares exploded 23% higher during Friday’s trading session, marking what could be the stock’s most significant one-day rally since February. The dramatic move followed the company’s release of second-quarter earnings that significantly exceeded Wall Street projections while substantially upgrading its annual forecast.
Tenet Healthcare Corporation, THC
The healthcare provider delivered second-quarter adjusted profits of $6.12 per share, substantially surpassing the analyst consensus of $4.26. Total operating revenue climbed 6.8% year-over-year to reach $5.63 billion, exceeding the anticipated $5.43 billion.
Management substantially increased its annual adjusted EPS forecast to between $20.30 and $21.69, representing a significant jump from the earlier projection of $16.38 to $18.68. The company’s full-year net operating revenue guidance was similarly elevated to $21.9 billion–$22.5 billion from the prior $21.5 billion–$22.3 billion range.
Tenet Healthcare delivered a dramatic Q2 beat, fueled by exceptional hospital margin expansion and pricing power in its ambulatory segment. While net operating revenues grew a respectable 6.8%… pic.twitter.com/pxCFX3irFc
— Finsee (@Finsee_main) July 24, 2026
The midpoint of these revised forecasts substantially exceeds analyst projections, which had been calling for earnings of $17.94 per share and revenue of $21.97 billion.
HCA Healthcare Presents Contrasting Results HCA Healthcare released its quarterly results on the same day, though investor response proved considerably more subdued. HCA shares advanced 3.7%, a fraction of Tenet’s explosive move.
The divergence largely stems from earlier disclosure. HCA had already announced its second-quarter performance on July 14, meaning Friday’s formal release contained minimal new information for market participants.
HCA reported second-quarter adjusted earnings of $7.59 per share, marginally beating the $7.56 estimate. Revenue increased 9% to $20.23 billion, surpassing the $19.76 billion consensus projection.
Yet a substantial $400 million net gain from Medicaid supplemental payments significantly boosted these figures. When accounting for this benefit, the underlying performance appeared less robust.
HCA highlighted an increase in uninsured patient volumes, partially attributed to expanded loss of exchange-based insurance coverage throughout the quarter. Management estimated this trend reduced pre-tax income by approximately $400 million.
HCA Reduces Annual Projections HCA trimmed its full-year EPS forecast to $28.70–$30.50 from the earlier $29.10–$31.50 range. The company also narrowed its revenue guidance to $77 billion–$79.5 billion versus the previous $76.5 billion–$80 billion projection.
The S&P 500 declined modestly on Friday, making Tenet’s 23% surge even more remarkable against the wider market environment.
Barclays raised its price objective on Tenet to $271 from $240 while maintaining its Overweight recommendation. The firm noted that Tenet’s second-quarter results “stand out and reinforce the case for a premium valuation,” especially considering guidance reductions from competing hospital operators.
Tenet’s extensive ambulatory surgery center platform has emerged as a crucial competitive advantage. While both organizations operate hospitals and outpatient centers nationwide, Tenet maintains greater exposure to its surgery center operations, which have consistently delivered strong margin performance.
Barclays’ revised $271 price objective suggests additional upside potential even after Friday’s substantial post-earnings appreciation.
Blockchain analytics firm Santiment has ranked Hedera ($HBAR), Chainlink ($LINK), and Avalanche ($AVAX) as the top three crypto projects by real-world asset (RWA) development activity, based on 30-day GitHub data.
How the Rankings Stack Up Hedera retained the number one position, holding a development activity score of 278.17, according to Santiment data. Chainlink followed in second place with 215.37 points, while Avalanche ranked third at 135.13. Stellar ($XLM) climbed to fourth with a score of 110.9, rounding out a clear top tier ahead of the rest of the field.
The broader top ten includes IOTA ($IOTA), Chia ($XCH), Injective ($INJ), Dusk Network ($DUSK), VeChain ($VET), and Centrifuge ($CFG). Santiment's directional indicators, which track each project's monthly ranking movement, showed Injective, Dusk, and Centrifuge rising, while VeChain slipped lower.
Santiment's methodology measures notable GitHub contributions over a rolling 30-day window, pulling data directly from project repositories. The metric tracks development work rather than price performance, making it a gauge of sustained builder commitment.
Why Development Activity Matters for RWAs High development activity in the RWA space typically signals ongoing protocol upgrades, active code contributions, ecosystem expansion, and institutional integration efforts. While it does not map directly to price performance, it is widely treated as a long-term indicator of ecosystem health.
These three networks are at the centre of efforts to integrate physical and financial assets, including treasuries, bonds, and other traditional instruments, into blockchain infrastructure. Hedera's leading position reflects its continued push into enterprise adoption, while Chainlink's role as a leading oracle provider makes it a key connector between off-chain data and on-chain applications. Avalanche, meanwhile, has seen recent integrations with banks and asset managers deploying tokenized funds.
With RWA tokenization gaining momentum as a major crypto narrative in 2026, the projects leading in developer activity may be best placed to capture the next wave of institutional adoption.
Sources:
Crypto Economy: Hedera, Chainlink, and Avalanche Emerge as Core RWA Hubs
Crypto News Flash: Hedera, Chainlink, and Avalanche Lead RWA Developer Growth
Stellar‘s native token XLM is trading around $0.1808, down 3.62% in the last 24 hours, as it clings to a critical support level amid expanded institutional participation on the network.
Price action remains range-boundDespite a recent decline, buyers have consistently defended the major support zone. The token has traded below the Bollinger Bands’ middle band at $0.1890 after failing to reclaim resistance at $0.1987. The lower Bollinger Band, near $0.1754, continues to act as a safety net, keeping XLM locked within a defined trading corridor.
Trading volume has tapered off since the strong rally seen at the end of May, highlighting waning short-term momentum. The narrowing of the Bollinger Bands on the daily chart signals reduced volatility, which may indicate that the market is consolidating before its next major move.
LevelPriceCurrent price$0.1808Immediate resistance$0.1890Next resistance$0.1987Key support$0.1754The Stellar Development Foundation has announced that MoneyGram, Figue, and Range.org have become Tier 1 validators on the network. The organization is a nonprofit dedicated to the development and expansion of the Stellar blockchain, focusing on global payments and financial access.
These new validators, which include global payment firm MoneyGram and industry partners, will contribute to network security and decentralization efforts. The Foundation is also set to open a discussion about institutions’ roles as active network participants.
By integrating organizations involved in payments and financial infrastructure, Stellar aims to boost its credibility and highlight its commitment to real-world blockchain adoption. Although the news has not triggered a sharp price change, some market participants believe it could reinforce Stellar’s long-term growth prospects.
Mini dictionary: Validator, a participant in blockchain networks responsible for verifying transactions and securing the integrity of the network. Tier 1 validators are typically the most trusted nodes and have a significant role in consensus and network operations.
Recent updates naming MoneyGram, Figue, and Range.org as Tier 1 validators on the Stellar network highlight the project’s ongoing efforts to strengthen security and expand institutional engagement.
Network fundamentals remain intactDespite the recent drop in price, on-chain metrics reveal that active user participation on the Stellar network remains at elevated levels. Data from DefiLlama indicates that user addresses are maintaining activity near recent highs, a sign that the network continues to attract engagement even during price corrections.
Open interest in XLM derivatives, tracked by CoinGlass, has stabilized after retreating from its late-May peak. This suggests that derivatives traders are largely staying in the market and awaiting new catalysts, rather than exiting positions.
The first key resistance for XLM is at $0.1890, followed by $0.1987, while buyers must defend support at $0.1754 to prevent further downside pressure.
Analysts note that a sustained breakout above both resistance levels could spark renewed buying momentum. On the other hand, a breach of the $0.1754 support may lead to increased selling and further market weakness.
For now, consistent on-chain activity, stabilized derivatives positioning, and the addition of institutional validators indicate that Stellar is maintaining a steady foundation. Many market participants appear to be waiting for a decisive signal before taking further action.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key Highlights Second-quarter results showed earnings per share of $0.38 and revenue totaling $16.1 billion, surpassing Wall Street’s expectations of $0.21 EPS and $14.43 billion in sales Third-quarter revenue forecast of $15.8B–$16.8B exceeded analyst projections of $15.06B Data center segment generated $6.3 billion in revenue, beating the $5.54 billion consensus Shares have soared 178% this year following CEO Lip-Bu Tan’s transformation strategy Intel Foundry secured a contract from Google to manufacture 3 million custom Tensor Processing Units Shares of Intel (INTC) surged over 7% during extended trading hours on Thursday following the semiconductor giant’s impressive second-quarter financial results and encouraging third-quarter projections.
Intel Corp., INTC
The company delivered adjusted earnings of $0.38 per share on $16.1 billion in quarterly sales. Analysts had anticipated earnings of $0.21 per share with revenue reaching $14.43 billion. In the same period last year, Intel recorded a loss of $0.10 per share while generating $12.9 billion in revenue.
Year-to-date performance has been exceptional, with Intel shares gaining 178% since January 2026, although they still trade approximately 29% beneath their record closing price of $140.94 achieved on June 22.
For the upcoming third quarter, management forecasted revenue between $15.8 billion and $16.8 billion, significantly exceeding Wall Street’s $15.06 billion projection. The earnings per share outlook of $0.38 also surpassed the analyst consensus of $0.27.
The data center division posted $6.3 billion in sales, outperforming the $5.54 billion estimate. Meanwhile, client computing generated $8.9 billion in revenue, exceeding projections of $7.99 billion.
Intel Foundry reported quarterly revenue of $5.8 billion, representing a 31% year-over-year increase and beating the $5.6 billion forecast.
“AI is driving unprecedented demand for compute, and as we continue to execute, Intel is well-positioned to capture sustainable growth across our CPU franchise, ASICs, advanced packaging and vast wafer foundry network,” CEO Lip-Bu Tan said.
Chief Financial Officer Dave Zinsner highlighted improved manufacturing yields and accelerated production cycles as critical factors behind the quarter’s outperformance. Management announced plans to substantially expand capital expenditures on equipment, clean room facilities, and substrate materials.
CPU Market Experiences Resurgence The emergence of AI agents has sparked renewed interest in central processing units, as these applications depend on CPUs for executing functions such as database queries and document creation. This shift has provided a significant boost to Intel’s traditional chip operations following an extended period where GPUs dominated the market.
Just days ago, Intel announced workforce reductions within its Data Center Group as part of an organizational realignment. The company stated it is “aligning its organization to ensure it has the right roles and skills in place.”
Manufacturing Division Gains Momentum Intel’s chip fabrication business continues to attract prominent clients. Reports from The Information indicate that Google has contracted Intel to produce 3 million specialized Tensor Processing Units. Additionally, Nvidia is said to be considering Intel as a potential manufacturing partner.
These developments occur as Taiwan Semiconductor Manufacturing (TSM) faces challenges meeting robust demand from Nvidia, AMD, and Apple. Intel appears positioned to capitalize on opportunities as an alternative supplier.
In the consumer segment, escalating memory chip costs are prompting manufacturers to discontinue lower-margin laptop and desktop models while increasing prices on high-end offerings.
Intel earned recognition as a 2026 Barron’s stock selection and has garnered support from the Trump administration alongside receiving investment from Nvidia.
Stellar (XLM), a decentralized digital asset and payment protocol developed by the Stellar Development Foundation, is currently priced at $0.184 after losing 2.32% over the previous 24 hours. Built to enable fast, cost-effective international transactions, Stellar utilizes the Stellar Consensus Protocol for efficient and secure validation of payments.
Market fundamentals and recent price trendsThe Stellar blockchain distinguishes itself by allowing straightforward currency exchanges, supporting both fiat and digital assets, and maintaining extremely low network fees of just 0.00001 XLM per transaction. Its mission includes promoting financial inclusion for unbanked populations, particularly in emerging markets. Strategic alliances with major financial firms have further encouraged the adoption of its protocol.
XLM, the native asset of the network, serves as both a transaction fee token and a bridge currency for asset transfers. The original supply of 100 billion coins was reduced in 2019 when the Stellar Development Foundation implemented a major burn. At present, approximately 30.6 billion XLM are in circulation, with the protocol finding increasingly practical use cases in remittances and asset movement.
Technical indicators show XLM experiencing high volatility, evident from the wide Bollinger Bands in recent sessions. Resistance has formed at $0.202, while support lies at $0.175, reinforcing the current bearish sentiment. The Relative Strength Index stands at 45 on the daily chart, reflecting selling pressure as transaction volumes tilt toward sellers.
Integrating professional-grade crypto management tools is more crucial than ever as the market fluctuates. Platforms such as CryptoAppsy, which requires no account creation hassle, combine investments with live prices, advanced charts, and portfolio tracking across currencies. This unified dashboard also provides smart price alerts, targeted news, updates about altcoin listings, and macroeconomic indicators including Federal Reserve interest rates, helping users respond instantly to market developments and mitigate risks.
Short-term and long-term price outlookSimple and exponential moving averages lean toward “sell” signals on daily timeframes, with the 50-day SMA at $0.1947 and the 200-day SMA near $0.1801. The Fear and Greed Index reflects a moderate fear level at 31, while the 14-day RSI hovers at 47.68, close to neutral but bearish overall. According to multiple forecasts, XLM could range from $0.148 to $0.236 in July 2026 and might reach a high of $0.268176 over the entire calendar year.
Broader projections suggest a gradual price climb for XLM, with 2028 estimates ranging between $0.477102 and $0.566291 and a possible jump to $1.16 in 2032. The token’s long-term trajectory remains tied to its adoption for payments, network upgrades such as the anticipated Soroban smart contracts, and ongoing partnerships within the financial sector.
Stellar maintains its appeal as a blockchain for cross-border payments thanks to near-zero fees, real-time settlement, and a growing network of institutional participants. The network’s capability to offer simple exchanges between fiat and digital currencies and its recent onboarding of firms like MoneyGram as validators reflect its institutional progress, despite lingering market volatility.
Investment sentiment and analysts’ projectionsStellar’s focus on affordable, fast payments continues to serve as a core value proposition. Industry forecasts by firms such as CoinCodex and DigitalCoinPrice see the token trading between $0.23 and $0.28 in 2026, with room for upside if broader market conditions remain positive. Analysts note that XLM’s future performance will likely depend on increased demand, network upgrades, and its role in the tokenization of real world assets.
Nevertheless, competition from other blockchains and the high circulating supply present ongoing challenges for price appreciation. XLM’s history of major supply reductions and periodic volatility also factors into its current valuation.
Recent network updates, including MoneyGram and Figure Markets running Tier 1 validators, underscore the protocol’s continuing commitment to infrastructure reliability and institutional engagement.
Predictions indicate a steady price increase may be ahead, with XLM targets for 2031 and 2032 set at $1.01 and $1.16 as adoption grows and project developments continue to add utility to the Stellar blockchain.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The Depository Trust & Clearing Corporation (DTCC), a key infrastructure provider for the US capital markets, has started adopting the Stellar blockchain network for on-chain settlement of financial transactions. DTCC handles post-trade processing and settlements for equities, bonds, and funds, and is a central player in ensuring the smooth functioning of financial markets.
Regulatory clarity attracts institutionsDTCC’s selection of Stellar represents a major step toward institutional adoption of public blockchain technology. The organization’s decision demonstrates that regulatory compliance does not necessarily prevent large financial institutions from integrating public blockchain networks into their operations.
Market analyst Rajachak75 pointed out that DTCC’s move marks the first instance of a major regulatory body utilizing a public chain while maintaining strict compliance standards. As a result, compliance concerns are increasingly being seen as surmountable obstacles rather than prohibitive barriers in blockchain adoption by regulated firms.
Mini dictionary: DTCC (Depository Trust & Clearing Corporation) – The main centralized clearinghouse for securities settlement and depository functions in the US. It plays a foundational role in both post-trade operations and safeguarding the integrity of American capital markets.
Opportunities for broader tokenizationDTCC’s initiative signals to asset managers, fund administrators, and custodians that tokenization within a regulated system is increasingly feasible. This development paves the way for financial instruments such as Treasuries, money market funds, and private credit products to shift onto blockchain platforms, while still ensuring that settlements are completed in accordance with regulatory requirements.
DTCC’s adoption of the Stellar network creates a template for institutional tokenization in the capital markets, with regulatory clarity guiding the process and opening the door for broader industrial adoption.
Furthermore, developers and exchanges are now presented with new opportunities to build tools that will align blockchain platforms with existing financial data standards. Bringing compliance and traceability onto the chain supports innovation while upholding necessary oversight.
Tokenized RWA market growsThe market for tokenized real world assets (RWAs) is expanding rapidly. Data from Token Terminal reports that the total value locked in tokenized RWAs exceeded $8 billion in 2025, underlining growing investor demand for blockchain-based financial products.
MetricValueYearTokenized RWA TVL$8 billion2025Industry observers believe that widespread adoption of cross-chain standards and full interoperability with existing DTCC systems will be crucial for blockchain technology’s deeper integration into regulated financial markets. If successful, DTCC’s use of the Stellar network may offer valuable insights into how regulated markets can further embrace blockchain solutions in the coming years.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A recent report from CGAP, a think tank associated with the World Bank, has turned the spotlight onto the use of stablecoins in international humanitarian aid. The report, frequently discussed by prominent crypto commentator All In Crypto, features real-world cases where Stellar- and Algorand-based platforms facilitate digital cash transfers in challenging regions.
Stablecoins in humanitarian relief effortsCGAP’s research investigates whether stablecoins can assist non-profit organizations in moving money across borders, particularly when traditional correspondent banks are slow, costly, or outright inaccessible. The analysis identifies a range of technical and regulatory barriers, including high transaction fees, lack of transparency in foreign exchange rates, delays of several days in payments, and the withdrawal of banks from jurisdictions labeled high-risk.
The report notes that stablecoins transact on blockchain networks, with the choice of network directly affecting costs, speed, and service availability. Stellar is highlighted as a blockchain supporting USDC, while both Stellar and Algorand are specifically identified as preferred low-fee networks in humanitarian cash transfer programs.
Field cases: Stellar and Algorand in actionIn Sudan, the Norwegian Refugee Council used KoalaPay, a digital payments platform, to distribute USDC—a major dollar-pegged stablecoin—to local partners handling aid disbursement. According to All In Crypto’s summary, KoalaPay runs on both Stellar and Base networks, with local organizations converting USDC into Sudanese pounds before transferring money to aid recipients.
A separate Ukraine initiative, launched in December 2022, relied on Stellar’s Aid Assist platform, MoneyGram, and self-managed digital wallets. This program delivered $4.6 million to more than 2,500 households during its first two years of operation.
CGAP described how, in Ukraine, digital stablecoin payments on Stellar and integration with major remittance networks enabled fast, traceable transactions to recipients in a highly volatile market.
Meanwhile, Algorand features in the Afghanistan-based case managed by Mercy Corps and HesabPay, a platform that sent a stablecoin denominated in afghani, the local currency, to users’ wallets. HesabPay allows recipients to receive digital funds directly, even in environments with limited banking infrastructure.
Mini dictionary: CGAP (Consultative Group to Assist the Poor) is a global partnership housed at the World Bank, focused on advancing financial inclusion in developing economies by researching digital financial services and innovative technologies.
CountryPlatformBlockchain UtilizedStablecoinImplementation PartnerReported ImpactSudanKoalaPayStellar, BaseUSDCNorwegian Refugee CouncilFunds converted to Sudanese pounds, distributed to local recipientsUkraineAid Assist, MoneyGramStellarUSDC (via wallets)Multiple partners$4.6M to 2,500 householdsAfghanistanHesabPayAlgorandAfghani-denominated stablecoinMercy CorpsDirect-to-recipient stablecoin aid deliveryChallenges remain for digital aid solutionsWhile CGAP affirms that stablecoins can enhance traceability and expand market access for cross-border aid, the report cautions that familiar hurdles remain. Currency exchange, cash withdrawal, and compliance all present continued challenges, even when on-chain transaction costs are negligible. The expense and availability of off-ramps—services that allow recipients to convert digital assets into local currency—still pose operational difficulties.
Another warning from CGAP is that direct-to-recipient models could shift foreign exchange risk, withdrawal fees, and digital literacy requirements to aid recipients. These risks are particularly significant for vulnerable populations in regions with limited access to merchant networks or digital infrastructure.
CGAP emphasizes that while blockchain-based transfers may cut transaction fees, practical access and inclusion barriers can persist in fragile environments where alternatives are scarce.
Stellar is an open-source blockchain designed for fast, low-cost cross-border payments and is widely used by financial institutions and non-profits for currency transfers. Algorand, launched in 2019, offers high-speed and scalable decentralized finance solutions and operates with a unique pure proof-of-stake protocol.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Large Cardano investors significantly increased their holdings over the past week, signaling growing confidence in ADA’s near-term outlook.
According to on-chain data from Santiment, Cardano wallets controlled by large holders accumulated more than 30 million ADA over the past seven days. The data also shows that whale holdings steadily climbed to 5.69 billion ADA, suggesting consistent accumulation rather than isolated purchases.
Whale accumulation often draws market attention because these investors have the financial resources to influence price trends. Although sustained buying does not guarantee an immediate price rally, it generally reflects growing confidence among major market participants and is often viewed as a bullish on-chain signal.
Accumulation Extends an Ongoing Trend The recent buying activity is part of a broader accumulation trend rather than a one-off event. Cardano whales have remained highly active in recent weeks as they continue to expand their exposure to ADA.
Previously, The Crypto Basic reported that wallets holding between 100,000 and 100 million ADA increased their combined balance to 25.6 billion ADA, the highest level in more than three and a half years.
The addition of another 30 million ADA further strengthens the view that major holders are positioning themselves ahead of a potential market move.
Cardano Reclaims a Spot Among the Top 15 Cryptocurrencies Meanwhile, renewed whale accumulation has coincided with improving sentiment across the broader crypto market, helping Cardano regain ground in the market-cap rankings.
Notably, ADA overtook Stellar (XLM) to reclaim its position as the 15th-largest cryptocurrency by market capitalization. Cardano currently boasts a market cap of $6.39 billion, narrowly edging past Stellar’s $6.30 billion valuation.
Moreover, the gap separating Cardano from the projects immediately above it remains relatively small. Chainlink (LINK), ranked 14th, has a market capitalization of $6.43 billion, while Monero (XMR) occupies the 13th position with a valuation of $6.61 billion. If ADA maintains its current momentum, it could challenge both cryptocurrencies in the coming days.
Cardano Re-enters Top 15 Crypto Rankings Hoskinson Still Expects a Return to the Top 10 Cardano founder Charles Hoskinson has also remained optimistic about the project’s long-term prospects. He recently reiterated his belief that ADA could re-enter the top 10 cryptocurrencies by market cap before the end of the year.
To achieve that milestone, Cardano’s market value would need to surge 76.05% from its current level of $6.39 billion to around $11.25 billion, assuming the market cap of Dogecoin, the current 10th-largest cryptocurrency, remains unchanged. Under that scenario, ADA would surpass Dogecoin to reclaim a place among the industry’s top 10 digital assets.
At press time, ADA trades at $0.1752, up 0.97% over the past 24 hours. The cryptocurrency has also spiked 6.30% over the past seven days, reflecting improving market momentum alongside the latest wave of whale accumulation.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Ripple (XRP) and Stellar (XLM) trade cautiously on Thursday as both tokens hover around key technical levels. XRP is testing resistance at its 50-day Exponential Moving Average (EMA), while XLM continues to consolidate around the $0.187 support zone. Meanwhile, mixed derivatives data with a slight bearish tilt suggests traders remain cautious, keeping the next directional move uncertain.
Derivatives data shows cautious signsDerivatives data shows mixed sentiment with a slight bearish tilt. CoinGlass’ long-to-short ratio for both XRP and XLM read 0.94 and 0.93, respectively, on Thursday, nearing their lowest levels in over a month. The ratio being below one, indicates bearish sentiment, as traders are betting the assets' prices will fall.
XRP long-to-short ratio chart. Source: Coinglass
XLM long-to-short ratio chart. Source: CoinglassMeanwhile, the funding rates show a mixed bias. XRP funding rates flipped positive on July 14 and have remained in bullish territory, with a reading of 0.0014% on Thursday, indicating that longs are paying shorts and signaling bullish sentiment.
Meanwhile, XLM funding rates flipped negative on Thursday, reading -0.0035%, indicating that shorts are paying longs and signaling bearish sentiment.
XRP funding rates chart. Source: Coinglass
XLM funding rates chart. Source: CoinglassXRP technical outlook: Close above 50-day could suggest a rally XRP trades at $1.136 on Thursday, maintaining a bearish bias as price remains below the short- and medium-term Exponential Moving Averages. The 50-day EMA at $1.145 is the first cap just overhead, with the 100-day EMA at $1.235 further up, underscoring a market that remains pressured despite the recent bounce toward the 23.6% Fibonacci retracement at $1.136, which now acts as a pivotal level.
Momentum is more constructive, with the Relative Strength Index (14) hovering near 55 and the Moving Average Convergence Divergence (MACD) line above zero, along with a positive, slightly expanding histogram, hinting at improving bullish attempts that remain constrained by overhead structure.
On the topside, immediate resistance is located at the 50-day EMA at $1.145, followed by a broader cluster formed by the 38.2% Fibonacci retracement at $1.215 and the 100-day EMA at $1.235.
On the downside, the 23.6% retracement at $1.136 serves as the immediate pivot; a sustained break lower would expose support at the Fibonacci anchor near $1.009, closely aligned with the horizontal floor at $1.000, where buyers would be expected to defend the broader uptrend base.
XLM technical outlook: Hovers around the key supportsXLM price trades at $0.186 on Thursday, maintaining a mildly bearish tone as price holds beneath the 50-day, 100-day and 200-day EMAs at $0.189, $0.187 and $0.196 respectively. This layered EMA stack above spot hints that recent bounces remain corrective within a broader capped structure, even as the RSI at 46 stays in neutral territory and the MACD fluctuates just above zero with a modest positive reading, suggesting only tentative bullish momentum.
On the topside, initial resistance appears at the 100-day EMA near $0.187, followed by the 50-day EMA at $0.189 and the 200-day EMA at $0.196, ahead of the 61.8% Fibonacci retracement at $0.200; higher up, subsequent barriers are located at the 50% retracement at $0.218.
On the downside, immediate support is seen at the horizontal level around $0.177, reinforced by the 78.6% Fibonacci retracement at $0.173, with a deeper floor emerging at the prior horizontal base near $0.142.
XLM funding rates chart. Source: Coinglass(The technical analysis of this story was written with the help of an AI tool. Know more.)
Several leading cryptocurrencies are displaying renewed signs of strength after extended periods of downward movement, with technical signals pointing to potential trend reversals across the digital asset market.
XRP builds bullish pattern amid low volumeXRP, the token associated with Ripple Labs, has shown a notable turnaround after a lengthy decline earlier this year. Currently trading at $1.13, XRP has formed an ascending triangle on the daily chart—a pattern frequently linked to bullish continuation or possible upward reversals.
The current price structure is reinforced by a series of higher lows that have formed throughout July, illustrating steady buying interest as buyers stepped in earlier on each successive pullback. The rising trendline beneath the price supports this optimistic configuration.
Meanwhile, XRP continues to encounter resistance from several moving averages positioned just overhead. The 50-day exponential moving average (EMA), located near $1.17, serves as the first major obstacle. A sustained break above this level could shift market focus toward the 100-day EMA at approximately $1.24.
XRP’s relative strength index (RSI) has moved above the neutral 50 mark after months of softness, signaling an upswing in trader optimism, although trading volumes remain subdued as the market awaits confirmation.
Beyond these resistance points, the $1.30 area marks a key psychological and technical barrier. Conversely, failing to hold the rising trendline could leave XRP vulnerable to further losses, potentially targeting the $1.05–$1.00 support zone and invalidating the bullish outlook.
Resistance LevelApproximate Price50-day EMA$1.17100-day EMA$1.24Key psychological level$1.30200-day EMA$1.44Cardano targets $0.20 as recovery stabilizesCardano (ADA), a blockchain platform known for its research-driven approach, is emerging from one of its longest downturns. Trading now at $0.175, ADA has reclaimed several key short-term moving averages and is holding above its June lows, strengthening the technical picture despite still lagging major resistance levels.
A notable breakout from the prolonged horizontal range near $0.15–$0.16 has helped shift momentum in favor of buyers. This move established a firm higher low structure, which has been reinforced by continued support from both the 20-day and 50-day EMAs.
ADA’s RSI has climbed above 56, reflecting increased bullish momentum while not yet suggesting overbought conditions, and the next hurdle to watch is the $0.20 mark near the 100-day EMA.
A decisive move above $0.20 could open the path toward the $0.22–$0.25 zone. Improved trading volume since earlier in the year also points to renewed investor interest. However, the $0.16 support remains critical for ADA’s ongoing recovery prospects.
LevelApproximate PriceJune lows/support$0.16Current price$0.175Next resistance (100-day EMA)$0.20Potential target range$0.22–$0.25Stellar’s uptrend supported by strong baseStellar (XLM), known for its blockchain-based cross-border payment solutions, continues to quietly build a robust recovery structure. As of now, XLM trades near $0.19, consolidating above key moving averages after rebounding from its June lows.
Three critical EMAs—the 20-day, 50-day, and 100-day—have converged near its current price, setting the stage for an increase in volatility. Large volume surges seen in June signal growing market engagement, even as sellers have repeatedly tested the $0.18 support zone.
Despite multiple pullbacks, XLM has not set lower lows since the rallies, indicating that buyers are absorbing ongoing supply. Momentum indicators such as the RSI, which is near 52, further bolster the case for extended gains without the threat of immediate overheating.
A move above the $0.20–$0.21 resistance could see XLM revisiting previous highs near $0.23 and $0.25. Maintaining support above $0.18 is key for the integrity of the current uptrend, while a breakdown could shift attention back to $0.16.
Mini dictionary: Stellar (XLM) is a decentralized open-source protocol focused on enabling low-cost, fast international transfers and asset issuance.
Bitcoin faces crucial battle at $68,000Bitcoin, the market-leading cryptocurrency, has staged a recovery from its sharp June decline and is now trading near $66,300. The token has set successive higher lows, a pattern suggesting buyers are gradually regaining control of price action.
This rebound has lifted Bitcoin above both short- and medium-term moving averages. Yet, the region surrounding the 100-day EMA at $68,000 has proved a major challenge during recent rallies, repeatedly capping upside attempts.
A confirmed break above $68,000 could open the door for an advance to the $72,000–$75,000 range and reinforce a stronger medium-term trend for BTC. On the flip side, support between $63,000 and $64,000 remains pivotal for maintaining the current recovery phase.
The RSI has surpassed 60, highlighting improved demand, while trading volumes have steadied after the June sell-off. Whether Bitcoin can retake the $68,000 barrier in the coming days may prove decisive in setting the tone for the next market phase.
Key LevelApproximate PriceSupport zone$63,000–$64,000Current price$66,300Major resistance (100-day EMA)$68,000Potential target range$72,000–$75,000Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
After a decline that dominated the majority of the year, XRP is alive again. On the daily chart, the asset, which is currently trading at $1.13, has clearly formed an ascending triangle. This pattern is frequently linked to bullish continuation or reversal attempts.
The structure indicates that buying pressure is steadily building even though the breakout has not yet happened. The sequence of higher lows that have developed throughout July is the most prominent aspect of XRP's present configuration. There is a rising support line beneath price action because buyers have been drawn to each pullback earlier than the last.
XRP/USDT Chart by TradingViewConcurrently, XRP is still testing resistance from a group of moving averages that are directly above it. Usually, a powerful directional movement resolves this compression between support and resistance. Near the 50-day EMA at $1.17 is the first significant barrier. The focus would shift to the 100-day EMA around $1.24 if a close above that level were successful.
HOT Stories
After that, bulls would move on to the psychologically significant $1.30 area. Additionally, momentum indicators are improving. After months of weakness, the RSI has risen above the neutral 50 level, indicating a change in sentiment. However, trading volume is still low, suggesting that the market is still awaiting confirmation before making large capital commitments.
You Might Also Like
While XRP is trading below its longer-term moving averages, especially the 200-day EMA around $1.44, the overall trend is still negative. However, this is one of the strongest price structures seen in a few months.
XRP may enter a much longer recovery phase if buyers are able to overcome the current resistance. On the other hand, the asset would be vulnerable to another decline toward the $1.05–$1.00 support zone if the rising trendline support were lost, invalidating the bullish setup.
Cardano's recovery potentialOne of Cardano's longest stretches of persistent weakness is slowly coming to an end. ADA, which is currently trading at $0.175, has spent the past few weeks regaining important short-term moving averages while laying a foundation above its June lows. The technical picture has significantly improved, even though the asset is still far below significant long-term resistance levels.
ADA's breakout from the horizontal consolidation range that dominated price action for the majority of the spring is among the most significant developments. Before eventually drawing enough buying pressure to move higher, the asset moved sideways for months in the $0.15-$0.16 area. A higher low structure was established by that breakout, which also turned the momentum back to buyers.
ADA/USDT Chart by TradingViewFollowing the initial recovery rally, price action has stabilized thanks to the support provided by the 20-day and 50-day EMAs. In the meantime, the RSI has risen above 56, suggesting that bullish momentum is getting stronger without getting close to overbought territory. If market conditions continue to be favorable, this allows for further upside. The next important level is located around $0.20, close to the 100-day EMA.
This region denotes a significant psychological threshold as well as technical resistance. ADA's outlook would be greatly enhanced by a clear move above $0.20, which might also lead to a wider advance toward the $0.22-$0.25 range.
You Might Also Like
Additionally, volume activity has improved since the first half of the year, indicating a resurgence of market participation. Even though the long-term trend is still improving, ADA seems to be building a foundation for a more significant reversal later in the year.
The $0.16 support zone is still crucial for the time being. The current recovery will continue as long as Cardano stays above that area, and there is a high likelihood that it will continue to rise toward higher resistance levels.
Stellar's clear recoveryAmong the major altcoins, Stellar is quietly building up one of the cleanest recovery structures in a while. After rising from its June lows, the asset has been consolidating above important moving averages for the past few weeks, currently trading close to $0.19. The technical picture has significantly improved since the first half of the year, even though the overall trend is still cautious.
The convergence of the 20-, 50-, and 100-day EMAs around current price levels is one of the most significant developments. This compression frequently indicates an impending increase in volatility, and XLM seems to be getting close to that turning point. Despite multiple attempts by sellers to drive it lower, the asset has consistently maintained the $0.18 support zone. Market participants are once again paying attention to Stellar, as evidenced by the enormous volume spikes in June.
XLM/USDT Chart by TradingViewEven though those rallies were initially rejected, the pullbacks that followed did not result in lower lows, indicating that buyers are progressively absorbing supply. This narrative is supported by momentum indicators. Before overbought conditions become a concern, the RSI is holding close to 52, providing ample opportunity for additional upside.
The next targets appear close to $0.23 and $0.25, where prior rallies stalled, if bulls can push XLM above the $0.20–$0.21 resistance zone. The key level is currently $0.18. By staying above it, the recovery is maintained and the potential for a more significant trend reversal is preserved.
Any significant breakout attempt would be postponed if there were a breakdown below that support, which would probably draw attention back to the $0.16 region.
Bitcoin is reboundingThe top cryptocurrency, Bitcoin, is currently trading at about $66,300 as it continues to rebound from its severe decline in June. After being under pressure for weeks, Bitcoin has finally started to establish a sequence of higher lows, indicating that buyers are progressively taking back control of the market.
BTC/USDT Chart by TradingViewBitcoin's market structure has significantly improved as a result of the recent recovery, which has propelled it back above both its short- and medium-term moving averages. But the biggest obstacle is still directly above. Throughout the recent decline, the 100-day EMA, which is now close to $68,000, has frequently halted attempts at upside.
You Might Also Like
This means that in the near future, the $68,000 area will be the crucial battlefield for Bitcoin. A clear breakout above it could pave the way for the $72,000-$75,000 range and greatly bolster bullish momentum. After months of decline, such a move would also put BTC back in a stronger medium-term trend.
The RSI has risen above 60, indicating a rise in buying pressure without entering overheated territory. Additionally, volume has stabilized, indicating that the panic selling that occurred in June has mostly stopped.
Support between $63,000 and $64,000 is still crucial on the downside. The current recovery is sustained as long as Bitcoin stays above that range. Whether Bitcoin can reclaim the $68,000 mark and demonstrate that a more sustainable advance is in progress is currently the market's main concern.
Allium Labs has launched a real-time data tracking platform dedicated to Stellar Lumens (XLM), providing open access to live on-chain statistics. Users can now monitor smart contract activity, transaction fees, and active address counts for the Stellar network.
RWA Adoption on Stellar Reaches New MilestonesA major focus of Allium Labs’ platform is its deep analysis of Real World Assets (RWAs) on Stellar. Current data shows that the number of RWA holders has surpassed 12,538, while the total market capitalization for tokenized real assets on the network has climbed to $3.10 billion. This marks a dual milestone for Stellar, which has registered a 300% increase in RWA market value this year.
Spiko, a key player in the ecosystem, leads custody handling with $1.2 billion under management. This figure includes substantial holdings of government debt and Euro-denominated Treasury bills. The majority of Spiko’s portfolio consists of tokenized near-term European government securities and a fund tracking short-term Euro rates.
Franklin Templeton, an American asset management firm, and the German company Bitbond Finance GmbH are also active in Stellar’s RWA segment, with growing participation. The Depository Trust & Clearing Corporation (DTCC) has reportedly announced plans to integrate part of its $114 trillion traditional securities market into the Stellar network by the first quarter of 2027.
Mini dictionary: The Depository Trust & Clearing Corporation (DTCC) is a leading US financial market infrastructure provider that handles settlement and clearance of securities worth trillions of dollars annually, playing a vital role in global capital markets.
EntityRoleAssets on StellarSpikoCustody handler$1.2 billionFranklin TempletonAsset managementGrowing presenceBitbond Finance GmbHFinance/TokenizationGrowing presenceDTCCSecurities infrastructureTo be deployed in 2027Trading Metrics Reflect Cautious MomentumInstitutional interest in Stellar is rising, leading some long-term investors to hope for an upward breakout in XLM’s price. Such moves are often accompanied by price consolidation after a drop and visible support from high-volume traders, commonly referred to as crypto whales. On the 4-hour chart, Stellar’s price appears to be gaining strength, with the Chaikin Money Flow (CMF) currently at 0.12.
In contrast, the one-hour price chart for XLM recently signaled a short-term sell-off, while the daily chart remains flat, with the CMF indicator showing a neutral reading of zero. Market analysts have connected this uncertainty to broader geopolitical tensions and the general sideways movement in commodity assets such as gas and gold.
Still, further growth in Stellar’s RWA sector could set XLM apart from the broader market, where caution persists even as Bitcoin (BTC) has returned above $65,600. Over the past two months, BTC has shown a tendency to fall back to $60,000 after brief rallies.
AssetRecent PeakKey SupportBTC$65,600$60,000XLM$0.19 (barrier)$0.19Stellar’s Role in On-Chain FinanceStellar’s network has gained attention for transforming traditional assets, such as money market funds and Treasury bills, into digital tokens that can be traded around the clock. Spiko’s $1.2 billion contribution has positioned the network among the top platforms for tokenized real assets, especially in Europe-focused funds.
Real-world yield products, including European treasury exposure and overnight funds, are now available as digital tokens with low fees and high accessibility. Increased adoption of on-chain assets boosts network activity and demand for XLM, which serves as Stellar’s native token and main transaction bridge.
These developments suggest strong fundamental momentum, but a broader rally for XLM remains dependent on sustained volume and overall market support.
Stellar’s RWA market cap hit $3.10 billion, with over 12,500 holders—a 300% increase this year, fueled by major players like Spiko and incoming participants such as the DTCC.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Stellar’s native token, XLM, is trading at $0.1878, reflecting a modest 0.21% decline in the past day. Although price action remains subdued, network activity is drawing attention following the launch of an Allium-powered dashboard that tracks real-time metrics on the Stellar blockchain.
Network Expansion and Real-Time TrackingThe introduction of the Allium dashboard enables users to monitor Stellar’s network performance with detailed data, including active addresses, smart contract operations, and real-world asset (RWA) issuance. This new interface also offers a comprehensive view of RWA market capitalization growth, highlighting the increasing volume of tokenized assets on the network.
With increased transparency and easier monitoring, market participants can now track the evolving RWA ecosystem and its impact on Stellar’s broader utility. The launch of such tools comes as Stellar seeks to move beyond its core payment features and further establish its role in asset tokenization and decentralized finance.
CryptoAppsy, which requires no account creation hassle, combines your crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, you can instantly seize opportunities by setting up smart price alerts, filter news specific to your coins, discover newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
Among the visualizations available, the dashboard spotlights the steady rise in RWA market value over time, indicating that more tokenized assets are being issued on the Stellar network. These developments point to a maturing ecosystem with growing applications in both payment solutions and broader asset management.
With the new dashboard, users have access to real-time data on active addresses, contract operations, and network fees, as well as detailed insights into RWA issuance, including breakdowns by asset issuer.
Key Resistance and Market StructureTechnical indicators show XLM encountering resistance at $0.2154, while maintaining support near $0.1845—a level that buyers have held several times in July. The lack of clear directional movement leaves XLM in a consolidation phase, with traders closely watching for a breakout.
The On-Balance Volume (OBV) indicator registers at approximately 37.09 billion and continues to trend higher, pointing to relatively steady buying interest even as price momentum stalls. TradingView charts illustrate that for now, the bullish outlook remains valid as long as the critical support holds.
Recent liquidation data from CoinGlass suggests that leveraged trading has subsided, with large liquidation events seen in June giving way to a more stable environment in July. Lower leverage typically shifts market moves from forced liquidations to organic spot trading, allowing price action to better reflect investor sentiment.
Should XLM break above $0.2154, bullish momentum may strengthen and spark additional buying, while a drop below $0.1845 would present downside risk and could trigger further selling pressure.
Healthy Participation Amid Price StagnationDefiLlama data shows Stellar’s total value locked (TVL) has hovered near $220 million throughout July, while active address counts remain elevated relative to previous months. This ongoing engagement suggests that users are still participating in network activities, despite muted price action.
With XLM yet to break key resistance, traders are closely monitoring whether buyers can regain control and drive further gains. The combination of expanding RWA activity, robust user engagement, and improving structural stability continues to shape the outlook for Stellar’s ecosystem in the coming days.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple (XRP) and Stellar (XLM) trade within tight ranges on Tuesday as traders await the next directional move. XRP’s technical indicators suggest bearish momentum is fading, while XLM continues to consolidate near a critical support zone. Mixed derivatives metrics highlight growing market indecision, raising the likelihood of a volatile breakout in either direction in the coming days.
Derivatives positioning shows mixed biasDerivatives data shows mixed sentiment. CoinGlass’ long-to-short ratio for both XRP and XLM reads 0.88 and 0.81, respectively, on Tuesday. The ratio being below one, indicates bearish sentiment, as traders are betting the assets' prices will fall.
XRP long-to-short ratio chart. Source: Coinglass
XLM long-to-short ratio chart. Source: CoinglassMeanwhile, the funding rates show a positive bias for both altcoins. XRP funding rates flipped positive on July 14 and continue to remain in bullish territory, reading 0.0081% on Tuesday. Similarly, for XLM, the metrics turned positive on Monday, reaching 0.0068% on Tuesday. These positive rates indicate that longs are paying shorts and project bullish sentiment.
XRP funding rate chart. Source: Coinglass
XLM funding rates chart. Source: CoinglassOn-chain data shows mixed sentimentCryptoQuant’s summary data shows mixed bias. XRP’s spot and futures markets show large whale orders with neutral conditions in other metrics, supporting a potential recovery.
However, XLM shows selling-side dominance in both markets with large whale orders, hinting at cautious sentiment among traders and capping any potential recovery.
XRP summary data. Source: CryptoQuant
XLM summary data. Source: CryptoQuantXRP technical outlook: Fading bearish strengthXRP price trades at $1.11 on Tuesday after a slight recovery in the previous day. However, XRP is holding below the short-, medium- and long-term Exponential Moving Averages (EMAs), which keeps the near-term bias capped despite improving momentum. The 50-day EMA at $1.14 and the 23.6% Fibonacci retracement at $1.13 sit just overhead as immediate resistance, while a mid-range Relative Strength Index (RSI) around 51 and a positive Moving Average Convergence Divergence (MACD) histogram hint that selling pressure is easing rather than reversing.
On the topside, initial resistance is clustered between the 23.6% Fibonacci retracement at $1.13 and the 50-day EMA at $1.14, followed by a broader structural band around the 38.2% Fibonacci retracement at $1.21 and the 100-day EMA at $1.23. Higher up, the 50% retracement level at $1.27 and the horizontal barrier at $1.28 precede deeper retracement resistance at $1.34, marking a more distant ceiling.
On the downside, immediate support is defined by the psychological horizontal floor at $1.00, where buyers would be expected to defend the broader bullish cycle.
XLM technical outlook: Consolidates around key support zonesXLM price trades at $0.187 on Tuesday, consolidating below the key 50-day and 100-day EMAs around $0.187, keeping the near-term bias bearish despite a slight improvement in momentum. Price is marginally above the 100-day EMA at $0.187, hinting at tentative underlying support, while the RSI is near 47 and a mildly positive MACD reading suggests consolidative rather than impulsive selling pressure at current levels.
On the topside, immediate resistance is seen at the 50-day EMA at $0.189, followed by the 200-day EMA at $0.196 and the 61.8% Fibonacci retracement at $0.200.
On the downside, initial support comes from the 100-day EMA at $0.187, ahead of the horizontal floor at $0.177 and the 78.6% Fibonacci retracement at $0.173, with a deeper cushion only at the $0.142 horizontal level if bearish pressure resumes.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
DeFi on Stellar is no longer experimental: protocols are live, they lock hundreds of millions of dollars worth of value, and they operate at a scale that impacts thousands of users. That's a milestone worth recognizing. It's also a moment that requires more of many teams in the ecosystem.
This post defines a set of practices SDF believes should be standard for any DeFi protocol on Stellar that holds, lends, swaps, or otherwise touches user funds. Some teams already do most of this. Some are working toward it. We're putting it in writing because builders have told us they want a clearer picture of what good looks like, and because the ecosystem is healthier when expectations are explicit rather than assumed.
None of the suggestions are novel. Most of them reflect what mature DeFi teams already do across other ecosystems, adapted to the realities of building on Stellar. We're publishing it so the conversation can be more concrete: this is what we mean when we talk about responsible DeFi on Stellar.
Why standards, why nowThree things have shifted in the last year.
First, Stellar's DeFi ecosystem is in a different place than it was twelve months ago. More users are active onchain, more value is sitting in lending pools and AMMs, and more protocols are composed with each other. Practices that were reasonable for an early-stage experimental pool don't work for a production protocol holding tens of millions of dollars of user funds.
Second, the attacker side has gotten faster, cheaper, and more capable. Vulnerability discovery, exploit-code generation, social-engineering at scale, and reconnaissance against deployed contracts have all moved from "skilled specialist with weeks of time" to "competent operator with a good toolchain." AI-assisted analysis is now being run against published audit reports to find what auditors flagged but teams didn't fully remediate, and against open-source contract code to surface patterns that have been exploited elsewhere. The result is that oracle manipulations, novel flash-loan patterns, governance takeovers, and admin-key compromises are no longer rare events at the frontier of DeFi: they're a baseline operational risk for any protocol of meaningful size. A team that ships without thinking through these possibilities is not innovating; it's externalizing risk onto its users.
Third, Stellar's DeFi ecosystem now has enough interconnection that one protocol's failure can ripple through several others. A compromised oracle, a drained liquidity pool, or a cascade of forced liquidations don't stay contained. Standards are partly a tool for protecting users of an individual protocol, but they're also a tool for protecting the rest of the ecosystem from any single protocol's mistake.
We don't think the answer is heavy-handed gatekeeping. Stellar is permissionless and should stay that way. But permissionless access does not mean protocols that hold user funds should operate without mature security and risk practices. These are the standards SDF expects serious DeFi teams to work toward, and what follows is what we'd like to see become normal.
Security audits that actually mean somethingA third-party security audit by a recognized firm is table stakes for any protocol that handles user funds. The baseline:
A completed audit before any material user funds are accepted, conducted by a firm with a demonstrated track record in the relevant primitive (lending, AMM, derivatives, bridging, etc.). The audit report should be published, not just summarized in a tweet, and it should include a full summary of findings, the remediated status of all discovered vulnerabilities, and the specific version of the code that was reviewed.
Audit-to-deployment parity. The code running in production should be the code that was reviewed. When teams deploy meaningful changes after the last audit, those changes should be disclosed, and a re-audit (or at minimum a scoped follow-up review) should be initiated before changes are pushed to mainnet.
Audit cadence tied to change, not the calendar. A protocol that ships frequently needs a security partner that reviews frequently. A protocol that's largely static after launch still benefits from periodic re-review as the threat landscape evolves.
When the absence of an audit is unavoidable—for early experiments, hackathon projects, or genuinely pre-product code—that status should be communicated unmistakably to users, and the protocol should not be marketed as production-ready.
A standing channel for disclosure: bug bountiesAn audit is a point-in-time snapshot. It tells you the code was sound as of a particular version on a particular date, reviewed by a particular set of eyes. It says nothing about the vulnerability discovered six months later, or the researcher who finds a bug next week and has to decide what to do with it. Live protocols need a way to receive that information safely, and a live protocol without one is trusting that whoever finds the next bug chooses to report it rather than exploit it or sell it.
The baseline:
A published vulnerability disclosure policy that tells a researcher exactly where to send a report, what's in scope, what to expect in response, and a commitment not to pursue good-faith reporters. This should be trivially discoverable—linked from the docs and the site, not buried in a Discord channel.
A standing bug bounty program, scaled so the reward for a critical finding is meaningful relative to what an attacker could extract by exploiting it instead. A bounty that pays a fraction of the exploitable value is not really competing for the researcher's decision.
A triage and remediation process with committed timelines, so reports don't sit unread. A researcher who gets no acknowledgment for two weeks is a researcher who stops reporting—or reports somewhere you'd rather they didn't.
A risk posture scaled to what you holdAudits are necessary but not sufficient. A protocol holding tens of millions of dollars in user funds must operate with a security and operational risk posture commensurate with the sheer scale of the assets it manages. What this looks like in practice depends on a protocol's size, stage, and structure, but the components are broadly the same:
Written risk procedures that describe how the team identifies, evaluates, and responds to security and operational risks. These should include a risk appetite statement outlining what the team is willing to accept, what it isn't, and how those lines are enforced.
Written vendor and partner risk management policy, including a clear-eyed view of every external dependency. Which oracles a protocol relies on, which bridges, which off-chain services, what happens if any one of them is wrong or compromised, and what the team would do in the first hour after a failure.
Security procedures for the team itself, including key custody arrangements, multisig thresholds, hardware-wallet practices, code-review requirements, and deployment controls.
For protocols at scale, we encourage independent validation of these controls—SOC 1 / SOC 2 reports or a functionally equivalent third-party attestation. The point isn't the certificate; it's the discipline of being audited by someone who isn't on the team.
Economic risk: modeling and parameter governanceNot every DeFi failure is a code exploit. Some of the most damaging losses come from economic design that was sound under normal conditions and broke under stress: collateral that couldn't be liquidated fast enough in a sharp drawdown, incentives that unwound in a bank-run dynamic, a parameter that was safe in isolation and dangerous in combination with another. Code audits rarely catch these, because the code did exactly what it was written to do. The design was the vulnerability.
Protocols whose safety depends on economic parameters—lending markets, AMMs, stablecoins, derivatives—should treat that design with the same rigor as the code:
Stress testing and scenario modeling against sharp price moves, liquidity crunches, and correlated drawdowns, not just steady-state conditions. The relevant question is not whether the system works on an average day but whether it survives its worst plausible one.
Concentration limits on collateral, liquidity, and counterparty exposure, so a single asset, pool, or actor can't put the whole protocol at risk.
Liquidation simulations that confirm positions can actually be unwound at scale, under stress, with the liquidity that would realistically be available—not the liquidity present on a calm day.
Oracle manipulation modeling that asks what an adversary could do by moving a price feed, and how much it would cost them relative to what they'd gain.
A parameter-change review process. Changes to risk parameters—collateral factors, interest-rate curves, liquidation thresholds—should go through documented review and, for non-urgent changes, the same timelock and disclosure discipline as any other privileged action. A parameter tweak can drain a protocol as effectively as a code bug.
Financial resilience: budgeting for when things go wrongThe DeFi protocols that recover from incidents tend to be the ones that planned for them financially before they happened. That planning has two parts.
First, a capital buffer. As a directional benchmark, we encourage protocols to set aside approximately 5% of total user-facing liabilities as a first-loss resource. For a protocol with $100M TVL, that's something on the order of $5M in liquid assets earmarked to absorb shocks before they reach users. The exact figure is less important than the principle: the team should know, in advance, how much it can absorb without users taking the hit, and where that capital lives. For decentralized protocols, this might take the form of a treasury allocation, a governance-controlled safety module, or an equivalent mechanism appropriate to the protocol's structure.
Second, insurance where it makes sense. It is not a substitute for security, but it is a meaningful tool, and we'd like to see more Stellar protocols evaluating it seriously.
Together, a capital buffer and insurance are how a protocol says, in advance, that the cost of a bad day will not fall entirely on its users.
Infrastructure hygieneSome of the largest losses in DeFi history have resulted from compromised dependencies: manipulated oracles, hacked bridges, leaked keys. Every team needs to pay attention to infrastructure hygiene, which looks like this:
For protocols that consume price oracles: price deviation guards, time-weighted averages, multi-source consensus, and circuit breakers that pause sensitive functions when something looks wrong. Trust no single price feed for liquidation decisions if you can avoid it.
For protocols that operate bridges or cross-chain logic: documented assumptions about every chain you touch, and a written response plan for the day a counterparty chain has a problem.
For admin keys and protocol governance: multisig with meaningful thresholds and geographically distributed signers; hardware key storage; clearly documented and rehearsed procedures for emergency action. The convenience of a single key is not worth what it costs when it's compromised.
For circuit breakers and emergency pauses: build them, test them, and know who can pull the lever. A protocol that cannot pause a compromised contract is a protocol that watches its users lose funds in real time.
Governance and upgrade controlsMost Stellar DeFi protocols retain some privileged power: an admin key that can pause the system, a governance process that can change parameters, an upgrade path that can replace the contract logic users are trusting. These capabilities are often necessary. They are also, in the wrong hands, the fastest way to drain a protocol—a governance takeover or a compromised admin key doesn't need to find a bug, because it already holds the keys. The bar here is that privileged power is constrained, documented, and observable:
Public documentation of every privileged role —what it can do, who holds it, and how it's constrained. Users and integrators should be able to see the full set of powers that exist over a protocol without reading the source or trusting a verbal assurance.
Multisig with meaningful thresholds and geographically distributed signers, hardware key storage, and a defined, rehearsed process for signer rotation when someone joins, leaves, or is compromised. The convenience of a single key is not worth what it costs when it's compromised.
Timelocks on non-urgent privileged changes, so users can see a change coming and exit if they disagree with it. A protocol that can alter the rules with no delay is asking users to trust that it never will.
Clearly scoped emergency powers. Emergency actions—pausing, freezing, halting—should be narrowly defined and limited to what's needed to stop an incident, not a backdoor to arbitrary control. Document what emergency powers exist, who can invoke them, and what they can and cannot do.
Quorum requirements and governance-attack mitigations for onchain governance: sensible proposal thresholds, voting delays and periods, and defenses against flash-loan-funded vote capture and other governance manipulation. Governance that can be borrowed for an afternoon is not a safeguard.
Incident response, already wired upThe worst time to figure out incident response is during an incident. The teams that handle exploits well—the ones that recover trust and that sometimes recover funds—are the ones that had a playbook before the call came in. At minimum, that means:
Real-time onchain monitoring and alerting. You can't respond to what you don't detect. Protocols should actively watch their own contracts for abnormal activity—anomalous withdrawals, unexpected price or balance movements, unusual call patterns, oracle deviations, sudden drops in reserves—with automated alerting that reaches an on-call human fast. Whether built in-house or through a monitoring provider, the goal is minutes to detection, not hours, and the ability to trigger a pause on the strength of an alert. Many of the worst outcomes in DeFi weren't caused by the exploit alone but by the hours that passed before anyone noticed.
A designated incident lead and a documented escalation path before anything has gone wrong. Every team member should know whom they call at 3 a.m. and what that person is empowered to do.
A preliminary incident report within roughly 48 hours of detection, documenting affected addresses, estimated losses, and preliminary root cause. This is for users, for the broader ecosystem, and for any partners who need to make decisions based on what happened.
A full post-mortem, published, with enough technical detail that other Stellar builders can learn from it. The temptation to bury an incident is real and we understand it; the long-term cost of doing so is much higher than the short-term embarrassment of being transparent.
Active cooperation with blockchain analytics firms and, where appropriate, law enforcement. Funds get recovered when the right people see the right transactions early.
A user restitution plan that the team can actually execute, including verified addresses, communication channels, and a clear timeline.
User transparencyEverything above is easier to trust when users can verify it. Much of DeFi still asks users to take a protocol's safety on faith—or to reconstruct it themselves from block explorers and GitHub. A protocol that accepts meaningful user funds should be able to point to a single place where an ordinary user, or a protocol composing with it, can see what's true. We'd like to see a public risk page—linked from the docs and the app—that consolidates:
The audit history, with links to the full published reports and the code versions they covered.
Known risks and current limitations, stated plainly. Every protocol has them; the trustworthy ones say so.
The privileged roles and upgrade paths that exist over the protocol, consistent with the governance documentation above.
External dependencies —the oracles, bridges, and off-chain services the protocol relies on—and what each one being wrong or compromised would mean for users.
The status of financial backstops, including the capital buffer and any insurance coverage, so users know what protection actually exists rather than assuming.
Incident history, including links to past post-mortems. A protocol that's been through an incident and handled it well has earned the right to show that.
None of this is exotic; it's the information users would need to make an informed decision, gathered in one place instead of scattered or withheld. Transparency is not just good practice—it's how an ecosystem builds the kind of trust that survives a bad day.
A note on decentralized protocolsSome of what's above assumes a team that can be identified and held accountable. Many of the best Stellar protocols are, or aspire to be, more decentralized than that. We see the tension, and we don't think it's a reason to lower the bar.
For decentralized protocols, the question is whether functionally equivalent controls exist. Governance processes that produce real accountability. Technical safeguards that don't depend on a person being on call. Treasury arrangements that survive contributor turnover. Transparency mechanisms that let users see what's true without having to take anyone's word for it. The form of the control may differ; the substance should not.
Where this goes from hereNone of this is a checklist we expect every protocol to satisfy on day one. Maturity takes time. New teams will be earlier on this curve than established ones, and that's appropriate. What we'd like to see is movement: every protocol on Stellar working visibly toward a higher standard, and a community where teams talk to each other about how to get there.
SDF will keep contributing to this in the ways we can: convening security roundtables, supporting access to recognized auditors for early-stage teams through our Audit Bank, publishing what we learn from incidents the ecosystem has lived through, and engaging with the broader DeFi security community on standards that work. We'd love to build these practices together with you. We also believe that any protocol that accepts meaningful user funds should be able to explain which controls are in place, which are missing, what risk that creates for users, and when the gaps will be closed.
If you're a builder on Stellar and you'd like to talk about how any of this applies to what you're working on, please reach out. The strongest DeFi ecosystem is one where these practices are normal, not exceptional. And we know Stellar is positioned to get there.
Stellar (XLM) has attracted renewed analyst attention following the emergence of a long-term bullish chart pattern, sparking fresh comparisons with XRP as traders weigh the potential for a breakout toward $2.50.
Analyst highlights major technical setup for XLMCrypto analyst Celal Kucuker published a monthly price chart of XLM on X, pointing to a robust ascending triangle that he regards as one of the strongest technical formations in the market today. This formation has developed over several years, supporting the case for an upside move if resistance can be cleared.
The monthly chart shows Stellar with by far the strongest setup. The price pattern suggests it could aim for $2.50, potentially following momentum previously seen in XRP and climbing to much higher levels.
The ascending triangle pattern is defined by a series of higher lows converging against horizontal resistance, which currently sits in the $0.90 to $1.00 price range. Over the past years, Stellar has repeatedly tested this zone, but each breakout attempt has been rejected at the ceiling.
A potential breakout above this resistance would activate a bullish projection, which analysts estimate as high as $2.50 based on Fibonacci extension levels. However, XLM remains below that threshold, and the breakout scenario is contingent on a sustained close above the historical resistance area.
Stellar is a blockchain-based network designed to facilitate fast, low-cost cross-border payments and asset transfers. Its native token, XLM, is used for transaction fees and as a bridge currency within the network.
Mini dictionary: Ascending triangle, a bullish chart pattern marked by a flat resistance line and upward-sloping support, suggesting a potential breakout when price breaches resistance.
AssetResistance levelProjected targetCurrent price*XLM (Stellar)$0.90 – $1.00$2.50Below $1.00XRP$1.10 (support)N/AAbout $1.10*Actual price may vary; see market data for latest updates.
XRP maintains market attention amid ecosystem growthThe XLM analysis arrives as XRP remains a point of focus in the crypto market. Recently, XRP traded at approximately $1.10, while daily trading volumes rose and its market capitalization held above $68 billion, according to CoinMarketCap.
Technical analysts are closely monitoring the $1.10 region, which aligns with important moving averages that traditionally indicate trend direction. Additional support for XRP has come from ecosystem developments, such as the introduction of Ripple‘s RLUSD stablecoin and increasing institutional engagement within the XRP Ledger.
The frequent comparisons between XLM and XRP are rooted in their shared development history as blockchain networks supporting cross-border payments. Yet, each asset now faces distinct market pressures and developments.
Mini dictionary: XRP Ledger, an open-source blockchain launched by Ripple to enable fast and inexpensive cross-border transactions, also supporting tokenized assets and decentralized applications.
Investors track technical levels for confirmationKucuker’s chart outlines a possible bullish scenario for XLM, but confirmation requires price to close above long-standing resistance. Until this happens, traders remain cautious, aware that multi-year patterns can yield large moves only after confirmed breakouts.
Some market participants continue to associate the XLM move with XRP’s recent recovery. However, this parallel is seen more as market sentiment than as an indicator of a direct relationship, as trading conditions for each asset differ.
Both Stellar and XRP remain under close observation as developments in their respective networks and broader crypto market sentiment continue to shift. Analysts and traders are set to watch whether Stellar can decisively break out and test higher levels while XRP’s support at $1.10 is closely monitored for further trend signals.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A US court has ordered the forfeiture of more than $8.3 million in cryptocurrency and physical assets tied to Angelo Martino, a former ransomware negotiator who was convicted of secretly colluding with the BlackCat ransomware group while posing as a trusted advisor to his victims.
A Double Agent Inside the Incident Response Industry Martino was employed at the Chicago cybersecurity company DigitalMint, where he negotiated on behalf of companies whose computers were hacked and held for multimillion-dollar ransom payments. Rather than protecting clients, Martino shared confidential information he gained from his work as a ransomware negotiator, including victim organisations' negotiating positions and insurance policy limits, to extract the maximum payment for himself and other BlackCat affiliates.
In all, he and his associates extorted more than $75 million in ransoms from four companies and a nonprofit organisation that he represented as a negotiator. The victims included hospitality, retail, medical, and financial services businesses. Martino, 41, of Land O'Lakes, Florida, was sentenced to 70 months for his role in conspiring with BlackCat/ALPHV actors to extort multiple victims, as well as conspiring with other former cybersecurity professionals to attack additional victims in 2023.
Alongside Martino, Ryan Goldberg of Georgia and Kevin Martin of Texas were also involved in the scheme. On May 1, his co-conspirators Kevin Martin and Ryan Goldberg were each sentenced to 48 months in prison for their roles in the conspiracy.
Multi-Chain Crypto Portfolio and Physical Assets Seized The US District Court for the Southern District of Florida issued a forfeiture order targeting his hidden crypto portfolios. The total value of the seized assets is estimated at $8.37 million, spread across several blockchain ecosystems: 90.319 $BTC worth approximately $5.84 million; 7,999.873 $XMR worth approximately $2.46 million, held in the privacy-focused Monero cryptocurrency; 56,174.15 $XRP seized from wallet "...EkThx6"; and 39,760.79 $XLM held at address "...5RJ3BD". Small holdings of Solana's native SOL token were also confiscated during the operation.
Authorities have also seized a bayfront home with an estimated value of $1.68 million, a second single-family home with an estimated value of $396,000, multiple vehicles, a food truck, and a 29-foot luxury fishing boat that Martino obtained using proceeds from his crimes. A hearing to determine the amount of restitution to be ordered against Martino is set for September 17.
Sources:
US Department of Justice: Florida Ransomware Negotiator Sentenced to Prison
Help Net Security: Ransomware Negotiator Who Betrayed Clients Sentenced to 70 Months
CyberScoop: Former DigitalMint Ransomware Negotiator Sentenced to 70 Months
Franklin Templeton, one of the world’s largest asset managers, has expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, marking a major step in its multichain distribution strategy. The move positions BNB Chain as the leading network for the BENJI fund by asset value, highlighting the rising role of public blockchains in institutional finance.
BNB Chain overtakes Stellar as BENJI’s top networkWith the recent expansion, BNB Chain now holds approximately $1.5 billion in BENJI-linked assets, representing 61.71% of the fund’s total distribution. This surge was accompanied by a 1,226% monthly increase in assets held on BNB Chain, enabling it to surpass Stellar and become the largest blockchain supporting the fund.
Stellar, an open-source network designed for fast and affordable cross-border payments, initially provided the core infrastructure for Franklin Templeton’s blockchain-based fund when it launched in 2021. Despite its foundational role, the rapid growth on BNB Chain has shifted the balance of asset allocation in recent months.
Ethereum currently ranks third, accommodating $159 million in BENJI assets or about 6.48% of the total. Other blockchains—including Base, Arbitrum, Avalanche, Polygon, and Aptos—account for only a minimal share in the remaining distribution.
Industry analysts note that Franklin Templeton’s expansion to networks beyond Stellar underscores the company’s evolving commitment to multi-chain accessibility for its regulated tokenized investment vehicles.
BlockchainBENJI Asset ValuePercentage of TotalBNB Chain$1.5 billion61.71%StellarNot specifiedDecreased shareEthereum$159 million6.48%Other blockchainsMinimalLower than 6% BNB Chain’s total BENJI fund allocation rose sharply, overtaking Stellar with a 1,226% monthly increase and now represents more than 61% of the assets associated with the fund.
Mini dictionary: Franklin Templeton, based in the United States, is a global investment management firm with a focus on mutual funds, ETFs, and alternative investments.
Institutions adopt tokenized financeFranklin Templeton has accelerated blockchain adoption by offering its U.S.-registered money market fund in tokenized form, leveraging distributed ledger technology to process transactions, record ownership, and enhance operational efficiency for accredited investors.
The decision to add BNB Chain—a layer 1 blockchain developed by Binance—increases transaction speed and reduces network fees for institutions accessing BENJI shares. Meanwhile, the company continues to broaden investor access through partnerships with leading digital asset companies and infrastructure providers.
Recent collaborations involve well-known exchanges such as Binance and Kraken, along with fintech provider MoonPay, enabling eligible institutional clients to use BENJI for collateral management and investment purposes.
Asset tokenization, which is the process of representing real-world assets as digital tokens on a blockchain, has gained traction across traditional and crypto financial sectors. Industry participants report a growing number of live trades involving tokenized securities, signaling progress beyond experimental pilot phases.
Franklin Templeton’s latest expansion highlights the growing confidence among asset managers in using public blockchains as infrastructure for compliant and regulated financial products. As more platforms compete for institutional investment activity, the trend toward multi-chain distribution is expected to accelerate.
The BENJI fund’s expansion to BNB Chain demonstrates the continuing momentum of tokenized finance and signals increasing competition among blockchains vying for institutional participation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
TLDR:Custody Framework And Settlement AccessSovereign Bond Structure And Broader ApplicationGet 3 Free Stock Ebooks BitGo Bank & Trust now offers qualified custody for USDM1, the first onchain sovereign bond USDM1 is backed 1:1 by US Treasuries and issued natively onchain by the Marshall Islands Go Network enables off-exchange settlement with T+0 timing across Stellar, Ethereum, and Solana Marshall Islands uses USDM1 to fund a 20-year Universal Basic Income program nationwide BitGo Bank & Trust will provide institutional-grade qualified custody and off-exchange settlement for USDM1, the first natively issued onchain sovereign bond. The Marshall Islands issued this dollar-denominated instrument, which is backed 1:1 by US Treasuries.
Institutional clients can hold USDM1 in regulated cold storage and use it for collateral and settlement through BitGo’s Go Network. The service spans Stellar, Ethereum and Solana networks.
Custody Framework And Settlement Access BitGo Bank & Trust operates as an OCC-regulated digital asset trust bank under BitGo Holdings, Inc. The bank now supports USDM1 within its qualified custody platform for institutional clients.
Segregated accounts, offline key management and institutional controls form the foundation of this custody structure. These features apply across all three supported blockchain networks.
BitGo announced the news in a post on X, describing USDM1 as the first natively issued onchain secured sovereign bond.
Today we're announcing institutional-grade qualified custody and off-exchange settlement for USDM1, the world's first natively issued onchain secured sovereign bond.
Institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it…
— BitGo (@BitGo) July 17, 2026
The company stated that institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it for collateral and settlement through BitGo’s Go Network. The post confirmed availability across the three supported networks.
Through the Go Network Off-Exchange Settlement solution, eligible clients can deploy USDM1 to connected trading venues.
This access operates continuously, with settlement completed on the same day trades occur. Assets do not need to move onto an exchange for this process to function.
This structure aims to reduce exposure during the trading day and lower settlement risk for institutions. It also targets a reduction in pre-funding requirements across trading and financing operations.
BitGo positions this setup as a way to improve capital efficiency for institutional clients working with digital assets.
Sovereign Bond Structure And Broader Application USDM1 was issued by the Republic of the Marshall Islands as a secured sovereign bond. The instrument follows a structure similar to a fully collateralized Brady bond under New York law. It is designed to accrue value daily, with minting and redemption tied to live signed price quotes.
Mike Belshe, CEO and co-founder of BitGo, addressed the announcement directly. He said USDM1 is “a different kind of asset – sovereign collateral with Treasury backing, built to fit how institutions already operate.” He added that custody access allows institutions to use the asset within infrastructure they already rely on.
Hon. David Paul, the Marshall Islands’ Minister of Finance, Banking and Postal Services, also commented on the partnership.
He noted that the government “truly appreciates BitGo’s partnership and is proud to see this infrastructure put to work built on trusted legal frameworks.”
He described USDM1 as anchored in the full faith and credit of the Marshall Islands government, secured by underlying US Treasury collateral.
Beyond institutional finance, the Marshall Islands has deployed USDM1 in a nationwide Universal Basic Income program.
The program distributes funds quarterly across more than 1,200 islands over a 20-year period. Financial institutions have also begun using USDM1 as a treasury instrument in daily operations.
Key Highlights Shares of Saab advanced 5% to SEK 542.5 following exceptional second-quarter performance that exceeded analyst projections. Contract bookings surged to SEK 68.4 billion, more than doubling year-over-year figures, primarily due to a massive SEK 47 billion submarine agreement with Poland. Top-line growth reached 29% with revenues hitting SEK 25.45 billion, accompanied by organic sales expansion of 29.8%. Operating profit increased 41% to SEK 2.79 billion, driving the EBIT margin higher to 11.0% compared to 10.0% previously. Morgan Stanley characterized the results as “very strong across all metrics” and indicated the company’s earnings revision trajectory remains positive. Shares of the Swedish defense manufacturer climbed 5.0% to SEK 542.5 during Friday’s trading session, significantly outpacing the OMX Stockholm All Share Cap GI, which declined 0.3% over the same period.
Saab AB (publ), SAABY
The rally followed the company’s release of robust second-quarter financial results, demonstrating substantial improvements in profitability, sales performance, and contract bookings compared to the corresponding period last year.
Net profit reached SEK 2.17 billion versus SEK 1.54 billion in the year-ago quarter. On a per-share basis, earnings improved to SEK 3.96 from SEK 2.83.
Sales figures showed a 29% year-over-year increase to SEK 25.45 billion, climbing from SEK 19.79 billion in the second quarter of the previous year. The company reported organic revenue expansion of 29.8%.
Operating income jumped 41% to SEK 2.79 billion, resulting in an improved EBIT margin of 11.0% versus 10.0% in the comparable prior-year quarter. EBITDA reached SEK 3.77 billion, with the corresponding margin rising to 14.8% from 14.3%.
The most impressive metric from the quarter proved to be order intake. New contract bookings exceeded SEK 68.4 billion, representing more than double the SEK 28.4 billion recorded in the same quarter of 2023.
This dramatic increase stemmed primarily from a SEK 47 billion submarine manufacturing agreement with Poland — representing one of the most substantial individual contracts in the company’s corporate history.
Wall Street Analyst Highlights Robust Performance [[LINK_START_2]]Morgan Stanley[[LINK_END_2]] described the quarterly performance as “very strong across all metrics,” emphasizing the historic order intake levels and profitability figures that surpassed market expectations as primary highlights.
The investment bank also highlighted that several recently disclosed agreements — including a Gripen fighter aircraft contract from Ukraine and a frigate program with Germany — are anticipated to be formally recorded in the upcoming third quarter, providing enhanced visibility into future revenue streams.
Morgan Stanley indicated these developments support its assessment that the company’s earnings upgrade momentum has additional upside potential.
Chief Executive Officer Micael Johansson emphasized that customer demand for the company’s defense systems continues at elevated levels, with procurement activities focused on both near-term operational requirements and strategic long-term capability development.
He highlighted ongoing manufacturing capacity expansion initiatives and sustained research and development investments as critical factors enabling accelerated delivery growth.
Newly Formed Naval Division Gains Traction Saab has recently created a standalone Naval business division, which management believes strategically positions the organization to capitalize on increasing maritime defense procurement activity throughout European markets and globally.
This organizational change represents the company’s strategic initiative to diversify its revenue streams beyond its established air defense and ground systems portfolios.
The Polish submarine agreement marks the inaugural major contract success connected to this enhanced naval strategic focus, and leadership indicates the opportunity pipeline for comparable maritime programs remains robust.
Manufacturing scale-ups throughout the organization are successfully translating heightened defense spending commitments into improved-margin product deliveries, a trend that directly contributed to the margin expansion demonstrated in the second quarter.
The company’s quarterly earnings per share of SEK 3.96 represented a substantial improvement from SEK 2.83 achieved in the identical period one year prior.
Stellar [XLM] has been among the top chains when it comes to tokenization. However, it trails behind Securitize, Ondo Finance [ONDO], and Centrifuge [CFG], among others. They occupy the top three positions in terms of tokenized market cap.
Despite being among the trendy tokens, the price of XLM crypto is down about 2.60% in the past 24 hours, trading at around $0.1830. Interestingly, its chain activity remains sizeable.
XLM’s tokenization influence on its chain activity The tokenization narrative is making XLM crypto one of the trendiest chains. The good news is that its fault tolerance and institutional trust have been improved. This is because MoneyGram, Figure, and Range became XLM’s tier 1 validators.
On top of that, Stellar has partnered with DTCC to tokenize more than $114 trillion in securities by 2027. Moreover, Tradable would make a transfer of $1 billion in private credit through Stellar.
Both moves bridge traditional finance (TradFi) and decentralized finance (DeFi), enhancing blockchain infrastructure in financial markets.
As such, it is expected to grow the market cap of tokenized securities on XLM even further. At press time, this cap had already exceeded $2.90 billion.
Source: rwa.xyz The tokenized stablecoin market cap on Stellar was above $689 million at press time. This showed a big chunk of capital was moving through the chain. This resulted in high network activity.
In fact, the number of transactions on XLM was averaging 5.5 million per day. In total, more than 37.9 million transactions were processed this week, reinforcing the chain’s usage for tokenization.
Source: Token Terminal XLM price prediction – Should traders buy? Despite the high network usage and a roadmap to tokenize $114 trillion in securities, the price of XLM is still lagging.
The altcoin has been consolidating in a symmetrical triangle pattern since late May. However, it’s nearing a breakout as it trades at the apex of the pattern. The breakout is anticipated because contraction is usually followed by expansion.
The lag is as a result of capital outflow, as the Money Flow Index (MFI) is declining but above the neutral level. Moreover, the MACD shows bears are in control, though their strength is minimal.
Source: XLM/USDT on TradingView A breakout and hold above the pattern would suggest prices are likely to go up. On the other hand, a breakdown would extend the bearish market structure that has been in place since last August.
Final Summary XLM crypto partners with DTCC to tokenize $114 trillion, as tokenization on the chain continues to grow and fuel network activity. XLM price action is trading inside a massive triangle pattern where a breakout on either side would determine the altcoin’s next trajectory.
The Stellar Development Foundation (SDF), the non-profit organization backing the Stellar blockchain network, has announced exclusive integrations. In this respect, the Stellar network is adding MoneyGram, Range, and Figure Markets as Tier 1 validator platforms. As Stellar disclosed in its official press release, the development is set to fortify its decentralization, operational security, and resilience. Additionally, the move also expands the diversity of entities focused on validating transfers.
Stellar Network Expands Tier 1 Validator Network to Bolster Decentralization The integration of MoneyGram, Range, and Figure Markets into the Stellar network reflects the growing institutional focus on blockchain infrastructure developed for compliant financial services. These validators are anticipated to become completely integrated into the quorum configuration of Stellar by mid-August. Particularly, Tier 1 validators are crucial to maintaining the Stellar network. These platforms run diverse geographically disseminated validator nodes responsible for taking part in the Stellar Consensus Protocol. They enable the blockchain to effectively reach a consensus on its ledger’s state.
Unlike proof-of-stake or proof-of-work systems, the consensus model of Stellar permits validators to autonomously determine which members they trust, arranging quorum sets to collectively protect the network. Specifically, Tier 1 operators emerge as publicly detectable entities that maintain peak uptime levels while also contributing to the broader network reliability instead of earning straightforward financial rewards.
As SDF revealed, broadening the Tier 1 validator group notably enhances the fault tolerance of the blockchain. The move also assists in guaranteeing uninterrupted ecosystem activities even if diverse validator activities undergo outages simultaneously. It also enhances geographic, infrastructure, and industrial diversity, making the procedure of consensus more robust against operational hazards. While reflecting on this, Stellar Development Foundation’s Chief Growth Officer, Jose Fernandez da Ponte, mentioned that the protocol-level support for compliant financial controls, such as freezing, revoking, and approving assets, makes the ecosystem specifically adequate for institutional-level finance.
Advancing Compliant Finance with Stringent Tier 1 Validator Benchmarks According to the Stellar network, to be eligible as a Tier 1 validator, a company must run 3 geographically disseminated complete validators. Additionally, that organization needs to accomplish SEP-20 and SEP-1 self-verification benchmarks, actively collaborate with other Tier 1 platforms, and maintain a minimum of 99.9% uptime. Overall, the inclusion of the above-mentioned institutional participants highlights Stellar’s consistent focus on the development of enterprise-scale, transparent, and secure blockchain infrastructure for compliant finance.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Sovereign debt just showed up onchain. BitGo announced custody and off-exchange settlement services for USDM1, a USD-denominated bond issued by the Republic of the Marshall Islands and structured as the first natively issued onchain sovereign bond in history.
This is not a tokenized version of an existing bond. USDM1 was born onchain, designed from the ground up to live on Stellar, Ethereum, and Solana simultaneously.
What USDM1 actually is USDM1 is fully collateralized, structured under New York law, and backed 1:1 by short-duration U.S. Treasuries held in a bankruptcy-remote structure. Every USDM1 token has a real Treasury bill sitting behind it in a legally isolated account. If the issuer goes under, the collateral does not go with it.
The bond accrues value daily and comes with enforceable par redemption, meaning holders can redeem at face value under defined conditions. That feature alone separates it from most yield-bearing stablecoins, which offer similar economic exposure without the legal enforcement mechanisms.
Advertisement
USDM1 has potential compatibility with Level 1 High-Quality Liquid Asset treatment, subject to regulatory determinations. That is the same classification U.S. government bonds currently hold under Basel III liquidity rules. If regulators eventually agree, institutions could use USDM1 to satisfy liquidity buffer requirements.
What BitGo brings to the table BitGo’s role here is custody and settlement infrastructure. Institutional clients can hold USDM1 in segregated, regulated cold storage with offline key management.
BitGo enables T+0 off-exchange settlement around the clock. Traditional sovereign bond markets typically settle on a T+1 or T+2 basis. T+0 means settlement happens the same session, without requiring assets to move onto an exchange first. It reduces counterparty exposure during the settlement window and opens the door to using USDM1 in margin trading and treasury workflows.
BitGo also confirmed the arrangement includes industry-standard legal documentation, which matters for institutional prime brokers and custodians that have strict requirements around documentation before they will accept an asset as eligible collateral.
The Marshall Islands and a genuinely unusual use case The Republic of the Marshall Islands is a small Pacific island nation spread across more than 1,200 islands. The RMI embedded USDM1 directly into its 20-year nationwide Universal Basic Income program. The bond is actively being used to distribute government payments to citizens across islands that, in some cases, have limited access to conventional banking.
That dual function—yield-bearing institutional asset and government disbursement rail—is genuinely novel. It demonstrates that a sovereign government can issue debt natively on public blockchains, use that debt to fund domestic programs, and simultaneously offer it to institutional investors through regulated custody channels.
What this means for institutional crypto and sovereign finance Rather than tokenizing an instrument that already exists in traditional markets, the RMI issued the bond directly onchain from day one. A natively onchain sovereign bond does not require a bridge between legacy settlement systems and blockchain rails. The asset starts onchain, settles onchain, and accrues yield onchain.
The multi-chain deployment across Stellar, Ethereum, and Solana is a deliberate choice. Stellar has deep roots in cross-border payment corridors. Ethereum remains the dominant layer for institutional DeFi and tokenized assets. Solana offers throughput and low transaction costs that make it viable for high-frequency settlement operations.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BitGo Adds Qualified Custody and Off-Exchange Settlement for USDM1@BitGo has launched institutional-grade qualified custody and off-exchange settlement for USDM1, described as the world's first natively issued onchain secured sovereign bond. The deployment spans @StellarOrg, @Ethereum, and @Solana, giving professional firms a regulated path to hold dollar-denominated sovereign debt with 24/7 liquidity and near-instant finality.
USDM1 is issued by the Republic of the Marshall Islands and is backed 1:1 by short-duration U.S. Treasury instruments held in bankruptcy-remote custody. Structured in the style of a fully collateralized Brady bond under New York law and advised by Cleary Gottlieb, the instrument gives holders a perfected first-priority security interest in the underlying collateral under the UCC. It is regulated and supervised by the Marshall Islands Monetary Authority.
Unlike tokenized or wrapped instruments, USDM1 is issued directly on public blockchains against segregated Treasury reserves, with minting and burning corresponding to bond issuance and redemption. The instrument pays a sovereign coupon and is compatible with standard derivatives, repo, and securities lending frameworks, making it viable as institutional collateral alongside existing legal netting structures.
Go Network Integration Targets Real-Time Collateral and SettlementBitGo's move integrates USDM1 into the Go Network to support real-time collateralization and settlement. The architecture is designed to cut the multi-day settlement cycles typical of traditional fixed-income markets, replacing them with T+0 finality and programmable transfer across three major public blockchains.
The institutional case for USDM1 has been building for some time. M1X Global, the sovereign financial infrastructure company behind USDM1's development, closed an oversubscribed seed round led by Paradigm in July 2026, bringing total funding to $8.5 million. Paradigm partner Arjun Balaji noted that "24/7 markets require collateral that can move 24/7," citing USDM1 as a reference model for natively issued sovereign debt.
Beyond institutional markets, USDM1 also serves as the disbursement rail for the Marshall Islands' ENRA universal basic income program, described as the world's first nationwide on-chain UBI initiative, launched in November 2025.
Sources:
USDM1 Official Site: Sovereign USD-Denominated Financial Instrument
PR Newswire: USDM1 Now Available on Anchorage Digital
PR Newswire: M1X Global Announces Further Funding Led by Paradigm
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Stellar has just produced a golden cross, one of the most crucial technical signals that traders look for. A possible change in momentum following months of weakness was indicated by the bullish crossover, which happened when the shorter-term moving average crossed over the longer-term trend indicator.
XLM buyers are yet to catch upEven though the golden cross is technically bullish, the current price action of XLM indicates that buyers still have work to do before a more significant breakout can occur. XLM is currently trading close to $0.183. The asset is still below its 50-day EMA at $0.187 on the daily chart and near the 20-day EMA at $0.190. More significantly, the majority of June and the first part of July saw Stellar trade above the 200-day moving average, which is currently close to $0.197.
XLM/USDT Chart by TradingViewWhen compared to the protracted decline that dominated the first half of the year, that behavior represented a notable improvement. Bulls are having trouble because the market hasn't been able to maintain rallies above the $0.20-$0.21 range. Over the past six weeks, every attempt at a breakout has drawn aggressive profit-taking, which has led to steep pullbacks back toward the $0.18 region.
HOT Stories
This struggle is even clearer in the four-hour chart. All of the major moving averages were compressed between $0.186 and $0.191 as XLM entered a tight consolidation range after the golden cross. The most recent candles show sellers gaining a slight advantage after rejecting another attempt to regain the $0.19 resistance zone, although such compression typically precedes a larger move.
Volumes don't catch up with Golden CrossAdditionally, volume has significantly decreased in comparison to the explosive activity of the June rally. This suggests that neither bears nor bulls have enough conviction to compel a clear directional change at this time. The Relative Strength Index stays neutral. The RSI is close to 45 on a daily basis, but the four-hour reading is now closer to 42. These numbers indicate that momentum has decreased without becoming oversold.
XLM/USDT Chart by TradingViewThe crucial level for Stellar is still $0.20. The path toward $0.22 and possibly $0.25 would be opened by a clear close above that barrier, which would probably result in fresh buying pressure.
On the other hand, XLM could be vulnerable to a move toward $0.17 if support around $0.18 is lost, invalidating much of the recent bullish progress. Although the golden cross is a long-term positive indicator, price confirmation is still required. The market is still in a consolidation phase rather than a verified uptrend until XLM breaks above resistance.
The Stellar Development Foundation (SDF), the non-profit organization that supports the development and growth of Stellar, the blockchain network built to run regulated finance, today announced that MoneyGram, Figure Markets, and Range will operate Tier 1 validators on the Stellar network. The addition of these three organizations, spanning capital markets, global money movement, and blockchain security infrastructure, marks a significant step in expanding the decentralization and resilience of the network’s core infrastructure.
Tier 1 validators are the backbone of the Stellar network. These organizations run multiple geographically distributed full validators that participate in the Stellar Consensus Protocol, a consensus model in which each validator chooses which others it trusts — its quorum set — to agree on the state of the ledger. They are publicly identifiable and maintain the highest standards of uptime, running this infrastructure not for financial return but to safeguard the safety and liveness of the entire network.
"What sets Stellar apart is that the controls regulated institutions depend on, like approving, revoking, and freezing assets are enforced by the protocol itself. The Stellar network's proof-of-agreement consensus lets any institution run a publicly identifiable validator and choose exactly whom to trust, giving risk teams a vetted set of recognizable peers and a multi-year uptime record. Adding world-class institutions and community members like MoneyGram, Figure Markets and Range as validators makes Stellar an even better network for regulated finance to run on," said Jose Fernandez da Ponte, President & Chief Growth Officer at the Stellar Development Foundation.
Expanding the set of Tier 1 organizations increases the network’s fault tolerance, meaning the network can continue operating seamlessly even if multiple organizations experience simultaneous outages. Each new Tier 1 organization also broadens the diversity of industries, geographies, and infrastructures underpinning consensus.
“The organizations stepping up to run Tier 1 validators are not passive participants, they are companies that have built real businesses on Stellar and have a direct stake in the network’s long-term security and neutrality. That’s exactly what you want from the infrastructure layer of a global financial network” said Justin Rice, Vice President of Ecosystem Growth at the Stellar Development Foundation.
Three Organizations, Three Vantage Points on the NetworkMoneyGram has partnered with Stellar since 2021 to deliver some of the industry's most impactful real-world blockchain use cases. Stellar was the first blockchain to support the MoneyGram Ramps infrastructure, enabling seamless cash on and off-ramps for digital assets at scale. Stellar also serves as the exclusive blockchain powering MoneyGram's consumer balance feature, which provides customers with a stable digital dollar balance connected to one of the world's largest global money movement and cash access networks.
"MoneyGram and Stellar are building the next generation of money movement,” said Luke Tuttle, MoneyGram Chief Product and Technology Officer. “Together, we’re combining MoneyGram’s trusted global brand, payments expertise and compliance leadership with Stellar’s fast, low-cost settlement network. Becoming a Stellar validator deepens our commitment to the ecosystem and reinforces our belief that the future of payments will be built on open, interoperable infrastructure.”
Figure Markets, the blockchain-native exchange and marketplace founded by the team behind Figure Technology Solutions, brings deep capital markets and regulated financial products expertise to network operations.
"Stellar is a tight-knit ecosystem, one where regulated asset and stablecoin issuers have found measured success,” said Karl Samsen, Principal, $YLDS at Figure. “Figure has an important role to play among all market participants on Stellar. Issuing $YLDS and serving as a T1 Validator are key steps toward solidifying our position as one of the network's major contributors."
Range - the platform for companies operating across stablecoins, digital assets and fiat rails - runs real-time monitoring and pre-execution compliance controls across more than 200 blockchain networks, securing over $30B in assets for its customers. As a validator operator, Range adds a security-focused perspective to the organizations anchoring Stellar consensus.
“Range spends every day securing the infrastructure that moves stablecoins and fiat for our customers, so helping secure Stellar itself is a natural next step,” said Andres Monteoliva, CEO at Range. “Running Tier 1 validators lets us bring that security and monitoring expertise directly to the consensus layer of a network built for regulated finance. The institutions settling real money on Stellar should know the organizations underpinning it have a direct stake in keeping it safe.”
What This Means for the NetworkTo qualify as Tier 1, each organization must:
Run three geographically dispersed full validators that publish complete history archivesMaintain sustained uptime of 99.9% or higherComplete SEP-1 and SEP-20 self-verification so the network can transparently identify their nodesCoordinate actively with the existing Tier 1 community on network upgrades and operationsThe validators are expected to be fully integrated into the network’s quorum configuration by mid-August.
Stellar (XLM) recently formed a golden cross, a technical development that often signals a shift toward bullish momentum. This event occurred when the asset’s shorter-term moving average moved above a longer-term trend indicator, typically viewed as a positive sign by technical traders. Despite this, recent price activity suggests buyers have not yet driven XLM into a confirmed upward trend.
XLM struggles despite bullish technicalsAt the time of writing, XLM trades near $0.183, remaining below its 50-day exponential moving average (EMA) at $0.187 and scarcely above the 20-day EMA near $0.190. Stellar spent most of June and early July trading higher, even hovering above its 200-day moving average, which now sits at approximately $0.197. This marked a significant shift from the sustained downtrend that defined XLM’s performance in the first half of the year.
While these technical indicators suggest potential for a trend reversal, XLM has struggled to maintain rallies. The market has repeatedly failed to close above resistance in the $0.20 to $0.21 range. Each breakout attempt in the past six weeks has resulted in traders taking profits, causing sharp pullbacks that push XLM back toward the $0.18 region.
Even with the technical formation of a golden cross, buyers in XLM need to see further follow-through in price action before a substantial upward move can occur, as rallies continue to face strong resistance and profit-taking near $0.20.
Volume and momentum signalsAnalysis of the four-hour chart shows that XLM has been in a narrow consolidation band, with major moving averages clustered between $0.186 and $0.191. The latest price movements reveal sellers gaining modest control after another failed attempt to reclaim the $0.19 resistance area. Technical analysts often interpret such periods of compressed trading ranges as likely to precede a volatile move in either direction.
Trading volume has also declined sharply compared to the active trading seen during June’s rally. This decrease suggests a lack of strong conviction from both buyers and sellers. The Relative Strength Index (RSI), a momentum indicator, has stayed neutral. On the daily chart, the RSI hovers near 45, while the four-hour reading stands closer to 42. These levels signal that XLM is consolidating, neither oversold nor exhibiting renewed upside power.
$0.20 as the key resistance levelFor Stellar, the $0.20 barrier remains the most critical level. A decisive close above this resistance would likely encourage additional buying and could clear the path toward higher targets at $0.22 and potentially $0.25. Until this occurs, however, upward momentum remains unconfirmed.
Conversely, if XLM fails to hold support around $0.18, the asset could become vulnerable to further declines toward $0.17. Such a drop would negate much of the positive momentum built up since the golden cross. While the golden cross itself is generally seen as a long-term bullish indicator, technical analysts caution that confirmation from the price remains essential. XLM’s continued consolidation reflects a market waiting for clearer direction.
Indicator/LevelCurrent ValueSignificance50-day EMA$0.187Short-term trend indicator20-day EMA$0.190Recent momentum200-day MA$0.197Long-term support/resistanceKey resistance$0.20–$0.21Breakout zoneSupport$0.18Breakdown riskTarget above resistance$0.22–$0.25Potential upside if breakout succeedsRSI (daily/four-hour)45 / 42Neutral momentumMini dictionary: Golden cross, a bullish technical signal in which a short-term moving average crosses above a long-term moving average, often interpreted as a sign of potential upward momentum in an asset’s price.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Payments giant MoneyGram has announced that it has joined the Stellar network as a Tier 1 validator.
The news comes five years after the Dallas, Texas-headquartered company first partnered with the organization.
Apart from MoneyGram, borrowing platform Figure Markets and wealth management platform Range will begin operating Tier 1 validators.
HOT Stories
The new roster of validators will become activated by mid-August, according to the announcement.
Becoming a validator Validators are responsible for maintaining the blockchain's integrity by verifying transactions and participating in network consensus.
On Stellar, Tier 1 validators are particularly important. They operate multiple geographically distributed validator nodes and participate in the Stellar Consensus Protocol. Each validator independently selects the trusted participants it relies on to reach agreement on the ledger's state.
You Might Also Like
Stellar's consensus model does not reward validators with newly issued tokens, which is typical for proof-of-work and proof-of-stake networks. Instead, organizations run validators primarily to improve security and decentralisation.
Tier 1 validators must operate three geographically dispersed full validator nodes and maintain at least 99.9% uptime on top of some other requirements.
MoneyGram's crypto journey Before embracing Stellar, MoneyGram was one of Ripple's highest-profile enterprise partners. In 2019, Ripple invested $50 million in MoneyGram, and the companies launched a partnership centered on On-Demand Liquidity (ODL), which is Ripple's cross-border settlement product that uses XRP.
The partnership, which was viewed as one of Ripple's biggest commercial wins, came to an abrupt halt after the U.S. Securities and Exchange Commission sued Ripple in December 2020. MoneyGram suspended its use of Ripple's ODL service in early 2021 and pivoted to its rival.
MoneyGram and the Stellar Development Foundation first joined forces back in 2021 to create one of the first large-scale blockchain-powered cash on- and off-ramp networks. The service eventually went live in 2022. Since then, the partnership has broadened beyond remittances.
Today, Stellar powers MoneyGram Ramps, the company's blockchain infrastructure for cash access. It also serves as the exclusive blockchain behind MoneyGram's consumer digital dollar balance feature.
"We have recently decided to become a validator on the Stellar network, and the reason why that's so important to us is that we vividly see the benefits of crypto, the benefits of stables," Josh Gordon-Blake, the executive vice president and general manager of MoneyGram Online, said in a statement. He has stressed that MoneyGram does not want to be sidelined.
@MoneyGram, @Figure, and @range_org are set to run Tier 1 validators on the Stellar network, with all three expected to plug into the quorum by mid-August. The move marks a significant step for each organisation, shifting from building products on Stellar to actively anchoring its consensus layer.
What Tier 1 Actually Means Tier 1 organisations are a group that bears the safety and liveness of the Stellar network on their shoulders. Together, they bear the safety and liveness of the network given that most other validators require their agreement under the Stellar Consensus Protocol, with SDF acting as coordinator to ensure network health while each Tier 1 organisation maintains control over its own quorum set.
Since April 2025, there have been seven Tier 1 organisations, each operating three full validators, for a total of 21 Tier 1 validators. Those organisations are Blockdaemon, Creit Technologies, Franklin Templeton, LOBSTR, Public Node, SatoshiPay, and SDF. The addition of MoneyGram, Figure Markets, and Range would materially expand that group, in line with a broader push by the Stellar Development Foundation to grow the Tier 1 roster and improve fault tolerance across the network.
From Builder to Operator In 2021, MoneyGram partnered with the Stellar Development Foundation to enable cash-to-stablecoin conversion. MoneyGram Ramps supports cash deposits from local currency to USDC on Stellar across 40 countries and cash withdrawals from USDC on Stellar to local currency in more than 170 countries across nearly 500,000 locations. Now the payments company moves from operating on top of the chain to helping run it at the protocol level.
Stellar's stablecoin footprint in 2026 includes USDC from Circle, EURC, YLDS from Figure (a yield-bearing dollar stablecoin), and MGUSD, issued by Bridge for MoneyGram and launched on June 2, 2026. Figure Markets' involvement in the validator set is a natural extension of its existing asset issuance on the network. Range brings a security-focused infrastructure stack to the quorum.
The timing fits a broader pattern. The Stellar Development Foundation has targeted raising the roster of Tier 1 validators from 7 to 13, which would double fault-tolerance from two organisational failures to four. The urgency is clear: smart-contract volume has grown sharply since Soroban's launch, and institutional asset issuers will not commit capital to a network that can freeze if three entities go dark.
With three heavyweight names joining the quorum simultaneously, Stellar's payment rails gain both institutional credibility and a more resilient consensus foundation ahead of what is shaping up to be a pivotal period for on-chain payments infrastructure.
Sources:
Stellar.org: MoneyGram, Figure Markets, and Range to Help Secure the Stellar Network
Stellar Docs: Tier 1 Organizations
Stellar.org: MoneyGram Ramps
Tokenization platform Tradable plans to bring up to $1 billion in private credit assets onto the Stellar blockchain, expanding institutional access to tokenized real-world assets (RWAs) as demand for onchain private markets continues to grow.
Tradable said Thursday that $500 million in notional value is expected to be available when the initiative launches, and it will increase the amount to $1 billion over time. The company will use Stellar’s network to support institutional functions, including compliance, investor onboarding and asset lifecycle management.
The timing of the initiative’s launch was not disclosed.
Stellar Development Foundation CEO Denelle Dixon said the agreement reflects growing institutional interest in using the network for tokenized real-world assets.
The move builds on Tradable’s existing business. The company said it has already tokenized $1.7 billion in private credit assets across nearly 30 institutional-grade private credit positions, with the Stellar integration expanding the availability of those assets.
Stellar, one of the oldest public blockchains, has increasingly focused on tokenized real-world assets. The strategy has attracted institutional partners, including the Depository Trust & Clearing Corporation, which plans to connect its tokenization service to the network.
The developments reflect broader momentum in the tokenized RWA market, where institutional adoption has helped drive the sector’s value above $34 billion, according to RWA.xyz.
The tokenized RWA market has expanded rapidly since early 2025. Source: RWA.xyz
Private credit dominates the tokenized RWA marketPrivate credit has emerged as the largest segment of the tokenized RWA market, accounting for roughly 44% of the sector’s value, according to Bernstein analysts.
The segment has grown as financial institutions increasingly use blockchain technology to originate, service and settle private loans more efficiently. In a research note published in May, Bernstein cited Figure Technology Solutions as a key driver of that expansion, pointing to the company’s blockchain-based lending platform and loan settlement infrastructure.
Token Terminal recently highlighted the role of private credit in fueling the tokenization boom, attributing the expansion to the continued migration of traditional financial assets onto blockchain infrastructure.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Tokenization platform Tradable plans to bring up to $1 billion in private credit assets onto the Stellar blockchain, expanding institutional access to tokenized real-world assets (RWAs) as demand for onchain private markets continues to grow.
Tradable said Thursday that $500 million in notional value is expected to be available when the initiative launches, and it will increase the amount to $1 billion over time. The company will use Stellar’s network to support institutional functions, including compliance, investor onboarding and asset lifecycle management.
The timing of the initiative’s launch was not disclosed.
Stellar Development Foundation CEO Denelle Dixon said the agreement reflects growing institutional interest in using the network for tokenized real-world assets.
The move builds on Tradable’s existing business. The company said it has already tokenized $1.7 billion in private credit assets across nearly 30 institutional-grade private credit positions, with the Stellar integration expanding the availability of those assets.
Stellar, one of the oldest public blockchains, has increasingly focused on tokenized real-world assets. The strategy has attracted institutional partners, including the Depository Trust & Clearing Corporation, which plans to connect its tokenization service to the network.
The developments reflect broader momentum in the tokenized RWA market, where institutional adoption has helped drive the sector’s value above $34 billion, according to RWA.xyz.
The tokenized RWA market has expanded rapidly since early 2025. Source: RWA.xyz
Private credit dominates the tokenized RWA marketPrivate credit has emerged as the largest segment of the tokenized RWA market, accounting for roughly 44% of the sector’s value, according to Bernstein analysts.
The segment has grown as financial institutions increasingly use blockchain technology to originate, service and settle private loans more efficiently. In a research note published in May, Bernstein cited Figure Technology Solutions as a key driver of that expansion, pointing to the company’s blockchain-based lending platform and loan settlement infrastructure.
Token Terminal recently highlighted the role of private credit in fueling the tokenization boom, attributing the expansion to the continued migration of traditional financial assets onto blockchain infrastructure.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Why Should I MonitorIn the blockchain space, attacks can happen quickly, exploits can drain funds, and unidentified anomalies can become losses in the span of one block. Active monitoring helps to identify those anomalies, alert on them, and take action on them before they have a chance to become the next catastrophic loss. You wouldn't drive your car without a speedometer, you wouldn't fly a plane without instruments, and you shouldn't run a protocol onchain without active monitoring.
What Should I MonitorOnce we've established that we need monitoring, the common next question is “what do I monitor.” We call this “what to monitor and how” a “monitoring plan.” We have a tutorial available here to show how to stand one up in detail, but the monitoring plan follows directly from the threat model. A threat model asks the questions “What can go wrong?” and “What do we do about it?” The monitoring plan asks “How do we detect if something does go wrong?” and “What actions should we take?” So answering these questions is like building a model with building blocks.
STRIDE ModelWhat are we working on?What can go wrong?What are we going to do about it?Did we do a good job?Monitoring PlanHow do we detect if something goes wrong?How do we action in that event?What Does This All Look LikeWhile every STRIDE model and monitoring plan are unique to the project and risk appetite for the project, we can show how to set up monitors that can meet your requirements. Below are two examples that show how to set up a monitor in Hypernative, how to set up alerting, and what those alerts actually look like in real life.
Setting Up a Large XLM Transfer MonitorScenarioYou have established a wallet on Stellar and set it as the source for all project-related fund transfers. You want to be notified any time a significant number of Lumens are transferred from that wallet for accounting and tracking purposes.
SetupFor this monitor, we will configure a custom agent in Hypernative and we'll choose “Address Transfer Activity” as the monitor type under “Address monitoring”.
On the following screen:
Add the name of the monitorAssign a severitySet the chain to “Stellar”Set the monitored address “is one of” to your wallet addressSet the counter-party to “is any”Set the token “is” to XLM (notice you can do any token, not just native here)Then set the filters to be what you consider “significant”The end result should look something like this:
Click Next and configure your alerting actions. Here you can see I've chosen to set an email alert. After that choose Save.
While we have chosen to use email delivery as the alerting method, there are many more options including Slack, Discord, and Telegram notifications, kicking off incident.io incidents, and even contract invocations to run onchain events.
I ran a test transaction of 6 XLM to a test account to show the alert email that gets fired:
Setting Up Pool Utilization Monitoring on BlendSetting up a basic monitor in Hypernative like large native transfers is relatively straightforward. But arguably it is a simple event. Hypernative also allows for monitoring higher complexity onchain events.
ScenarioYou have established a position in a Blend lending pool. Your internal risk tolerance requires that you exit a pool with significantly high utilization to limit exposure to large swings in token valuation.
SetupWe will be configuring another custom agent, but this time, using the blank agent builder.
First, we need to select a trigger, which will tell our agent to run. Here, I chose a time-based trigger and fire this calculation at every block.
In order to calculate the utilization of a Blend pool, Blend's documentation directs that we calculate utilization with the formula:
Each of these values needs to be read from the contract state at each invocation time.
We set up four “Read Contract” blocks, all reading the lending pool contract and extracting out the different variables needed for this formula.
For each of the four variables:
Select Stellar for the chainSelect the contract address of the lending poolFetch the ABI for the contractSet the function to get_reserve()Select the address of the asset to monitor forSet the Block Offset to 0Look at the output parameters from the function call to identify the value you need for the formula (in this case we grabbed d_supply).Set the output variable name for this value that you will use later in the agent.Repeat the “Read Contract” block process for each of the four variables in the formula.
Next, connect all four of those to a calculation block.
This is where we implement the formula.
Notice I set my output variable of that calculation to “myUtil”. We'll use that in the next step.
Next we add an alert condition block. This filters the alerting to only what concerns me. Note that we scaled the “myUtil” number to be a percentage, since the calculation renders “1” as full utilization.
Finally, we use a send alert block to publish this event with our calculated values if this passes our filter.
ConclusionMonitoring assets, positions, and actions onchain is important and beneficial. Hypernative enables deep level monitoring at scale on Stellar. While this document covered several different example scenarios, these monitors and documentation are provided for educational purposes only. Do your own research for contracts, monitors, triggers, and event conditions specific to your company and risk appetite. Hypernative has provided Stellar-specific documentation for how to implement monitoring and controls, available (authenticated) at https://docs.hypernative.xyz/hypernative-product-docs/hypernative-web-application/chain-specific-considerations/stellar.
Payments company MoneyGram revealed that it has joined the Stellar network as a Tier 1 validator, marking a significant expansion in its ongoing collaboration with the blockchain-focused organization. Based in Dallas, Texas, MoneyGram first partnered with Stellar in 2019 as it moved to integrate blockchain solutions into its global financial services.
New validators strengthen Stellar networkIn addition to MoneyGram, Figure Markets, a lending platform specializing in crypto-backed loans, and Range, a digital wealth management provider, will also begin operating as Tier 1 validators on the Stellar network. These new validators are expected to become fully operational by mid-August, according to the latest announcement from the Stellar Development Foundation.
Validators are a crucial component of blockchain networks, as they verify transactions and play a key role in network consensus. On the Stellar network, Tier 1 validators have heightened responsibilities. They are required to run multiple full validator nodes that are dispersed across different geographic regions, contributing directly to the Stellar Consensus Protocol. This design helps ensure both resilience and decentralization in the Stellar ecosystem.
Unlike many proof-of-work or proof-of-stake blockchains, Stellar’s consensus model does not provide financial rewards in the form of new tokens to its validators. Instead, organizations like MoneyGram choose to operate validators to support network security and the overall decentralization of the system.
To qualify as a Tier 1 validator, organizations must maintain at least 99.9% uptime and oversee three geographically distributed full validator nodes, among other technical requirements.
Mini dictionary: Stellar Consensus Protocol, a unique agreement mechanism used by the Stellar network to enable decentralized and trustworthy validation of transactions without relying on mining or traditional staking incentives.
MoneyGram’s path from Ripple to StellarBefore its engagement with Stellar, MoneyGram was notably one of Ripple’s top enterprise partners. In 2019, Ripple, the company behind the cryptocurrency XRP, invested $50 million in MoneyGram, which led to a partnership centered around On-Demand Liquidity (ODL). ODL is Ripple’s product for instant cross-border settlements utilizing XRP.
This collaboration came to an abrupt end after the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in December 2020. In response, MoneyGram halted its use of Ripple’s ODL service in early 2021 and subsequently turned to alternative blockchain solutions.
MoneyGram later entered into a strategic relationship with the Stellar Development Foundation in 2021. The partnership aimed to build one of the first large-scale blockchain-powered on- and off-ramp services for cash, with the initiative officially launching in 2022. Over time, the scope has extended beyond remittances to include a wider range of digital financial products.
InitiativeMoneyGram & RippleMoneyGram & StellarStart Year20192021Main FocusOn-Demand Liquidity with XRPBlockchain Ramps and Cash AccessStatusEnded (2021)OngoingStellar powers new MoneyGram infrastructureCurrently, Stellar serves as the backbone for MoneyGram Ramps, the company’s blockchain-based service facilitating access to cash. Stellar is also the exclusive provider for MoneyGram’s consumer digital dollar balance feature, extending the scope of their technological partnership.
Josh Gordon-Blake, executive vice president and general manager of MoneyGram Online, explained the significance of becoming a validator on the Stellar network. He noted, “We have recently decided to become a validator on the Stellar network, and the reason why that’s so important to us is that we vividly see the benefits of crypto, the benefits of stables.” Gordon-Blake emphasized MoneyGram’s intention to remain at the forefront of technological innovation within the rapidly evolving digital asset landscape.
“We have recently decided to become a validator on the Stellar network, and the reason why that’s so important to us is that we vividly see the benefits of crypto, the benefits of stables,” said Josh Gordon-Blake, executive vice president and general manager of MoneyGram Online.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Tradable, a platform specializing in tokenization, plans to transfer up to $1 billion in private credit assets onto the Stellar blockchain. This initiative aims to enhance institutional access to tokenized real-world assets (RWAs), responding to a growing trend among investors seeking onchain opportunities in private markets.
Major push for tokenized private creditTradable announced that it expects to have $500 million in private credit assets ready at launch, with the goal of increasing that figure to $1 billion over time. The company did not specify the launch date for this new offering.
The integration will leverage Stellar’s network for a range of institutional functions, including compliance procedures, onboarding of investors, and managing the asset lifecycle. This move is designed to streamline the process of bringing traditional finance products onto blockchain-based infrastructure.
Denelle Dixon, CEO of the Stellar Development Foundation, stated that this agreement illustrates the growing interest among institutions in using Stellar for tokenized real-world assets.
Denelle Dixon, CEO of Stellar Development Foundation, highlighted that increased institutional activity on Stellar reflects a broader shift toward blockchain-based tokenized assets.
Tradable has already established itself in the sector, with $1.7 billion in private credit assets tokenized across nearly 30 institutional-grade positions. The collaboration with Stellar will further expand access to these tokenized assets for a wider range of institutional participants.
Stellar’s broader real-world asset strategyStellar is one of the longest-standing public blockchains, and in recent years has intensified its focus on tokenized real-world assets. The network’s strategy has attracted institutional partners globally, including the Depository Trust & Clearing Corporation (DTCC). The DTCC, a leading provider of clearing and settlement services, is preparing to connect its own tokenization service to the Stellar network.
Recent developments point to strong growth and rising adoption of tokenized RWAs. Data from RWA.xyz shows that the overall value of the sector has grown above $34 billion, driven largely by institutional participation and increasing confidence in blockchain-based financial infrastructure.
Mini dictionary: RWA.xyz is a data analytics platform that tracks the growth and composition of the tokenized real-world asset market, providing up-to-date statistics on sector valuation and adoption trends.
MetricValueSourceTotal tokenized RWA market$34 billion+RWA.xyzTradable private credit assets$1.7 billionTradableInitial Stellar launch amount$500 millionTradableTarget Stellar launch amount$1 billionTradablePrivate credit drives market expansionPrivate credit has become the largest segment within the tokenized RWA market, reportedly accounting for around 44% of the sector’s value, according to analysts at Bernstein. The segment has grown as more financial institutions leverage blockchain technology to originate, service, and settle private loans efficiently.
In a research note released in May, Bernstein analysts cited Figure Technology Solutions, a provider of blockchain-based lending platforms and settlement solutions, as a significant driver of growth in this market.
Research firm Token Terminal has also pointed to the critical role of private credit in the broader tokenization trend, highlighting the continuing transfer of traditional financial assets to blockchain infrastructure.
The rapid expansion of tokenized private credit mirrors an accelerating migration of legacy assets into the blockchain ecosystem, as institutions pursue improved efficiency and access in private capital markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Sentora brings curated vaults to StellarInstitutional DeFi platform @SentoraHQ has launched its curated vault product on @StellarOrg, making it live now through Ultrastellar's Stellar DeFi Hub and yield.xyz. It marks Sentora's first integration with the Stellar network, aimed squarely at fintechs and financial institutions looking to access onchain yield without sacrificing risk controls.
The timing is deliberate. The total market cap of tokenized real-world assets on Stellar has surpassed $3 billion, representing roughly a 300% increase from where the network stood in early 2025. That growth has been driven by a range of institutional issuers, with Spiko accounting for over $1 billion in assets on the network, Franklin Templeton's BENJI token sitting at approximately $654 million, and Ondo Finance's USDY contributing around $529 million.
Sentora describes itself as a DeFi infrastructure and strategy partner for institutional capital allocators. Its vault platform is built around the idea that risk controls come first, with yield as the output rather than the starting point. The firm has allocated over $2 billion across onchain strategies and shaped more than 300 strategies across multiple market cycles.
Risk-first design for regulated institutionsThe Stellar integration is specifically structured for institutions and fintechs that need onchain yield with compliance and risk management baked in from the start. Sentora's vaults operate through audited smart contracts on a non-custodial basis, meaning client assets remain under their own control throughout. The platform also incorporates KYC, AML, and jurisdictional screening as standard parts of the onboarding process.
The Stellar network itself has characteristics that make it a practical fit for this kind of institutional product. The network has maintained 99.99% uptime and kept average fees at around one hundredth of a penny, while its architecture includes built-in compliance tools such as controlled access accounts and clawback capabilities that regulated institutions require.
Sentora says this is the first step in a broader @StellarOrg roadmap, with additional DeFi and RWA strategies planned. The integration positions the firm at the intersection of two converging trends: rising institutional demand for compliant onchain yield products, and Stellar's rapid growth as a primary settlement layer for tokenized real-world assets.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
After its earlier rally failed to create a sustainable market structure, Cash Cat is still under a lot of pressure. At $0.098, which is below all three of the hourly chart's exponential moving averages, CASHCAT is trading hands. At roughly $0.105, the short-term EMA is the closest dynamic resistance.
Cash Cat slows downAbove that, the medium-term averages are located close to $0.125 and $0.133, forming a wide cluster of resistance that buyers would have to overcome before a plausible trend reversal could occur. The current bearish structure is strengthened by their downward slopes. Since hitting the $0.22-$0.23 range, CASHCAT has created a series of lower highs and lower lows.
CASHCAT/USDT Chart by TradingViewFollowing the token's loss of the $0.14 region and subsequent sharp decline toward $0.10, the strongest recent breakdown took place. The repeated failure of attempts to stabilize above $0.10 indicates that sellers continue to be active whenever the price experiences a slight rebound.
HOT Stories
At the psychologically significant $0.10 level, the token is currently consolidating. There is immediate support between $0.093 and $0.095, where buyers have previously generated multiple rebounds. CASHCAT may be exposed to the most recent low of $0.087 if it moves decisively below this region.
You Might Also Like
Before about $0.08, losing that level would leave little technical support. The Relative Strength Index is still below the neutral level of 50, but it has recovered from oversold territory to close to 42. This suggests that bearish momentum has somewhat abated without giving buyers back control.
CASHCAT must first recover $0.105 and remain above the declining short-term EMA in order to improve its short-term outlook. It would be necessary to move above $0.125 for a more robust recovery. Until then, the current consolidation does not appear to be the start of a long-term reversal, but rather a brief stabilization within a broader downtrend.
Dogecoin's Most Recent LowsDue to buyers' inability to create sufficient momentum for a significant recovery, Dogecoin is still stuck close to its recent lows. On the daily chart, DOGE is trading at $0.0737, near the lower edge of its current range and below all significant exponential moving averages.
The first immediate resistance level is the 20-day EMA, which is currently close to $0.0765. Stronger resistance is still present close to the 100-day EMA at $0.0893, while the 50-day EMA is situated around $0.0819. At about $0.1057, the 200-day EMA is significantly higher. The fact that all four averages are falling indicates that sellers are still in the lead overall.
DOGE/USDT Chart by TradingViewDogecoin's most recent drop started in late May when the price was unable to stay above $0.10. The breakdown that followed forced DOGE through the $0.09 support area and below $0.08. The token has mostly moved sideways between roughly $0.071 and $0.078 since late June, indicating that selling pressure has decreased but buyers have not yet established a reversal.
You Might Also Like
The Relative Strength Index is nearly 40. Although it is still below 50, this is an improvement over earlier oversold readings and does not indicate a clear shift toward bullish momentum. During the consolidation, trading volume has also decreased, indicating less involvement as opposed to aggressive accumulation. The area between $0.070 and $0.072 is the most crucial support.
The psychological $0.06 level may then become significant if DOGE breaks cleanly below this range and moves toward $0.065. Recovering $0.0765 would be the first indication of improvement. The wider bearish structure would then need to be challenged by DOGE breaking above $0.082. The current sideways movement is susceptible to another downward extension until those levels are restored.
Ethereum's Comeback FueledFrom the June lows of about $1,500 to nearly $1,950, Ethereum has experienced one of its strongest comebacks in months. ETH's short-term structure has significantly improved as a result of the rally, but it is now getting close to a significant technical barrier that will decide whether this move is a relief rally or a complete trend reversal.
Ethereum's successful comeback above the 20-day and 50-day exponential moving averages is the most significant development. These averages, which are at roughly $1,776 and $1,746, respectively, have moved from resistance to support. Throughout early July, buyers consistently defended these levels, laying the groundwork for the most recent breakout.
ETH/USDT Chart by TradingViewThe true difficulty, though, is directly overhead. Recently, ETH tested the 100-day EMA close to $1,944 and faced selling pressure right away. Given that every significant attempt at recovery since the start of the wider decline has been capped by the 100-day average, the current rejection is not shocking. During the most recent push higher, volume has increased, which is beneficial.
This rally has drawn significant participation as opposed to merely short-covering activity, in contrast to earlier bounces. Simultaneously, the RSI has increased to roughly 63, indicating significant momentum without entering extremely overbought territory. The sessions that follow are crucial. The road to the psychologically significant $2,000 level opens up swiftly if Ethereum can recover and stay above $1,950.
You Might Also Like
The asset would be within striking distance of the 200-day EMA near $2,215, which continues to be the ultimate trend-defining resistance level, if it broke above $2,000. Support is currently between $1,775 and $1,800 on the downside.
Bulls maintain control of the short-term trend as long as ETH stays above that level. As of right now, Ethereum's chart appears to be in the best shape since the June crash. Before declaring a full trend reversal, the market must demonstrate that it can get past the dense resistance cluster around $1,950–$2,000.
Stellar's Important SetupAmong the bigger altcoins, Stellar is quietly developing a strong technical setup. XLM is currently trading right inside a significant moving-average cluster, which could be a volatility implosion point for the upcoming weeks, in contrast to many assets that are still stuck below important averages.
XLM/USDT Chart by TradingViewThe token is trading around $0.192, comfortably above its 50-day EMA at $0.187 and above its 20-day EMA at $0.191. After months of consolidation, these levels are now providing support. More significantly, the 100-day and 200-day moving averages are currently being contested by Stellar in the vicinity of $0.198–$0.201.
Throughout June and July, advances have been repeatedly thwarted by that resistance zone. Sellers haven't been able to push XLM back below $0.18, but every attempt to create a breakout above $0.20 has failed. As a result, a larger directional move is frequently preceded by a tightening range.
You Might Also Like
With the RSI close to 51, the market is balanced and lacks a definite momentum advantage. Since it provides ample opportunity for momentum expansion in either direction, this neutral reading actually supports a breakout scenario.
The recent consolidation following Stellar's explosive rally in late May is one positive indication. Rather than completely reversing course, XLM has taken several weeks to absorb gains while holding onto the majority of its higher price range. In general, this behavior is healthier than a sharp retracement.
The key level is still $0.20 for bulls. Stellar would be above both its 100-day and 200-day moving averages at the same time if it maintained a close above that area. This would create a strong technical signal that might lead to a move toward $0.22 and possibly $0.24.
Support stays close to $0.187 and then $0.18 if resistance holds again. Stellar continues to have a positive outlook and is one of the few altcoins that actively challenges long-term resistance rather than trading significantly below it, as long as those levels remain intact.
Alchemy Brings Full Infrastructure Stack to StellarAlchemy has gone live with RPC endpoints, WebSockets, and three indexed Data APIs for the Stellar network, covering both mainnet and testnet. The move hands Stellar developers a production-grade infrastructure layer without the overhead of running custom tooling.
The three indexed APIs give developers access to transfer histories, consolidated token balances through a single request, and NFT holdings spanning both traditional Stellar assets and Soroban-based assets. According to Build on Stellar, the APIs merge classic Stellar and Stellar Smart Contract assets into a single response, cutting out a step that has historically added complexity to application development.
Alchemy provides 99.99% uptime with global redundancy, RPC and WebSocket support, and battle-tested infrastructure with SOC 2 Type II certification. Developers can access all of this using the same API key they already use for other chains supported by the platform.
Why It Matters for Stellar BuildersBefore this integration, retrieving a full picture of a user's on-chain activity on Stellar typically required developers to build or maintain a custom indexer, a time-consuming task that pulls resources away from core product work. With Alchemy's Stellar Data API, developers can query indexed Stellar data across native, classic, and Soroban assets, including transfer history, account balances, and NFT holdings, without running their own indexer.
Stellar is a Layer 1 blockchain purpose-built for real-world payments and asset movement, combining high-performance smart contracts, sub-5-second finality, and native access to institutional financial rails. MoneyGram and PayPal integrate directly with Stellar for production settlement and payment flows, and the network currently supports approximately $2 billion in on-chain real-world assets.
The Alchemy integration adds to a growing list of developer tooling arriving on Stellar. SushiSwap V3 launched on Stellar in February 2026, with other key protocols including Blend for lending, Aquarius for AMM liquidity, Upshift for vault infrastructure, and Rails for perpetuals. The arrival of institutional-grade API infrastructure from a provider of Alchemy's scale is likely to lower the barrier further for teams evaluating Stellar as a build target.
Sources
Alchemy: Stellar Support Is Live on Alchemy
Alchemy Docs: Stellar Data API Overview
Tradable, a leading private asset marketplace and tokenization platform, today announced an integration with the Stellar network to tokenize up to $1 billion of private credit assets onchain.
The integration builds on Tradable’s mission to bring blockchain technology to traditional asset managers through tokenized institutional-grade investment opportunities across high-quality asset classes including private credit. The platform supports workflows that matter in real markets, including deal lifecycle management, compliance controls, investor onboarding, and ongoing operations.
“We’re excited to partner with institutionally oriented ecosystems like Stellar,” said Alex Cordover, CEO of Tradable. “By bringing assets onto the Stellar blockchain network, Tradable is continuing to work toward its goal of building the next generation of alternative asset infrastructure.”
In addition to bringing a significant amount of private credit assets into the Stellar blockchain ecosystem, the integration will also help to ensure the assets are interoperable and composable, maintaining the ability to increase liquidity, and enhance user engagement across numerous platforms. Purpose-built to enable adherence to strict data security and regulatory guidelines, the Stellar network has unique buy-in from institutional adopters. The Stellar network’s native asset controls, privacy, and operating cost advantages can all drive significant institutional demand for tokenized private credit assets.
“Stellar is the network regulated institutions choose to tokenize real-world assets, and Tradable's decision to bring up to $1 billion in private credit to the network is a clear signal that enterprises are choosing Stellar to bring financial assets onchain at scale.” said Denelle Dixon, CEO of Stellar Development Foundation. “Tradable and the Stellar network are showing that institutional-grade assets can move on public blockchain infrastructure with the compliance, security, and efficiency real markets demand.”
Tradable previously announced in 2025 that it had fully tokenized $1.7 billion of assets across close to 30 institutional-grade private credit positions.
About Tradable
Tradable’s technology platform helps leading asset managers (originators) adopt web3 technology and grow AUM by reaching a new on-chain investor audience. Investors are able to access institutional quality opportunities via an intuitive interface built to simplify asset discovery and due diligence. Tradable has developed secure smart contracts for deal representation and AML/KYC/KYB/KYT compliance. Tradable’s blockchain-based systems improve on traditional marketplaces by enabling on-chain investments and programmatic execution of key tasks while maintaining a high bar of asset quality. Tradable is led by seasoned fintech operators with backgrounds spanning payments, marketplaces, AI, web3, trading, and private credit. For more information, visit tradable.xyz.
About The Stellar Network
The Stellar network is a decentralized, fast, scalable, and uniquely sustainable blockchain built for financial products and services. It offers builders smart contracts functionality and a protocol optimized for payments, with a design intended to keep fees low and to provide transaction speeds that can scale with increased adoption. Financial institutions and innovators worldwide issue assets and settle payments on the Stellar network, which has processed billions of operations with millions of accounts since the network was first launched.
Stellar (XLM) has continued to gain traction as the fast-growing altcoin remains one of the top-performing cryptocurrencies that have been barely overwhelmed by the extreme market volatility.
With XLM consistently projecting strong price movements even on days when the market seems uncertain, traders are beginning to weigh in on its possible future outcome against its rival, XRP.
XLM gains edge over XRPData showcased on the crypto prediction market Kalshi shows that traders are giving XLM a bit of an edge over XRP as the former continues to pull stronger price moves even amid the weak market conditions.
HOT Stories
Under the category that allows traders to bet on which cryptocurrency will end the year with a positive return, 36% of traders on the platform believe XLM will finish the year in the green. Meanwhile, only 31% showed confidence in XRP.
You Might Also Like
Although the difference is relatively small, it suggests that market sentiment is a bit in favor of XLM and traders are showing more confidence in Stellar's performance over the remainder of the year despite XRP's growing social hype.
What does history say?While the odds appear to be pretty close, historical data further backs XLM's chances of outperforming XRP for the remaining part of the year.
So far in 2026, XLM has only decreased by 5.99%, while XRP is down by a massive 39.8%, positioning the former way ahead in terms of their year-to-date price performance.
Further data has also shown that XLM has been more resilient over the past three months, posting an increase of 17.8% in its price while XRP declined by 21.4% over the same period.
Quick Overview UnitedHealth delivered Q2 adjusted EPS of $6.38, significantly exceeding the $4.91 consensus estimate Quarterly revenue totaled $112 billion, surpassing Wall Street’s $110.8 billion projection Company increased full-year adjusted EPS guidance to $19.50–$20.00 range Medical-cost ratio dropped to 86.7%, improving from 89.4% in the prior-year period Competing health insurers including Humana, Centene, and Molina saw premarket gains UnitedHealth Group shares surged approximately 7% during premarket hours Thursday following the healthcare giant’s release of second-quarter earnings that exceeded expectations and an upward revision to its annual forecast.
UnitedHealth Group Incorporated, UNH
The company’s adjusted earnings per share reached $6.38, significantly surpassing analyst projections clustered around $4.85–$4.91. This represents an earnings beat exceeding $1.50 per share — a substantial outperformance.
Quarterly revenue totaled $112 billion, topping the $110.8 billion consensus forecast from Wall Street analysts. This figure represents growth from the $111.6 billion recorded during the comparable quarter last year.
BREAKING: UnitedHealth stock, $UNH, surges over +8% after posting stronger than expected Q2 earnings.
The stock is now officially up over +75% since its March 27th bottom. pic.twitter.com/csc1kAX4NL
— The Kobeissi Letter (@KobeissiLetter) July 16, 2026
The medical-cost ratio — representing the portion of premium revenue spent on medical care — declined to 86.7%. This marks an improvement from the 89.4% ratio posted in Q2 2025 and outperformed analyst expectations of 88.4%. Company leadership attributed the enhancement to refined benefit structures, more disciplined pricing strategies, and improved cost controls in medical spending.
Operating earnings climbed to $8.0 billion, a substantial increase from the $5.2 billion generated in the second quarter of 2025.
Annual Projections Enhanced Leveraging the momentum from its impressive quarterly performance, UnitedHealth elevated its 2026 full-year adjusted earnings guidance to a $19.50–$20.00 per share range. The midpoint of $19.75 substantially exceeds the analyst consensus hovering around $18.48–$18.49. The company’s previous guidance had established a floor of $18.25.
Additionally, management boosted its annual cash flow projection to roughly $24 billion, representing an increase from the earlier target of over $18 billion.
Operating cash flows totaled $11.1 billion during the quarter, equating to 1.9 times net income. The company has already executed $4 billion in share repurchases through mid-July and anticipates buying back a minimum of $5 billion throughout the entire year.
Business Unit Performance UnitedHealthcare provided coverage to 48.5 million members throughout the quarter while generating revenues of $86 billion and earnings of $3.9 billion. The division’s operating margin improved to 4.6%, advancing from 2.4% in Q2 2025.
Optum, the organization’s healthcare services division, produced revenues totaling $65.7 billion alongside earnings of $4.0 billion, demonstrating 160 basis points of year-over-year margin improvement.
Chief Executive Stephen Hemsley noted the results demonstrate “continuing progress in our work to simplify how we operate, improve both affordability and the health care experience for patients and care providers.”
The impressive financial performance created positive spillover effects for competitor health insurance companies. Humana climbed 4.8% in premarket activity, while Centene advanced 4.6% and Molina Healthcare increased 2.9%.
UnitedHealth’s approximately 7% premarket surge positioned the stock near $448.50, compared with its previous closing price of roughly $418.52.
Three Industry Names Join Stellar's Validator CoreThe Stellar Development Foundation (@StellarOrg) has added three new organizations to its Tier 1 validator set: @MoneyGram, @Figure, and @range_org. The additions bring together institutions spanning global money movement, capital markets, and blockchain security infrastructure, deepening the network's decentralization at its most consequential layer.
Tier 1 organizations bear the safety and liveness of the Stellar network, meaning most other validators on the network require agreement from them to commit to a new ledger. The role is not self-appointed. To become a Tier 1 organization, a team must convince enough other organizations to trust them. Each Tier 1 member is also required to run three geographically dispersed full validators to ensure redundancy in the event that one node goes offline.
The new entrants bring real-world institutional weight. @MoneyGram has long been embedded in Stellar's payments ecosystem, using the network to process cross-border remittances. MGUSD, its dollar-pegged stablecoin issued via Stripe's Bridge, connects digital dollars to roughly 500,000 physical cash locations in MoneyGram's global remittance network. @Figure is a fintech firm active in capital markets, issuing YLDS, a yield-bearing dollar asset, on the Stellar network. @range_org adds blockchain security infrastructure expertise to the group.
Why the Expansion Matters for $XLMThe move is part of a broader push by SDF to raise the number of Tier 1 organizations and improve the network's fault tolerance. Since April 2025, there had been seven Tier 1 organizations, each operating three full validators, including Blockdaemon, Creit Technologies, Franklin Templeton, LOBSTR, Public Node, SatoshiPay, and SDF. Adding three more organizations meaningfully expands the quorum and reduces the risk of a network halt caused by a small number of participants going dark.
Tier 1 organizations bear the safety and liveness of the Stellar network on their shoulders. That accountability is also what makes them attractive to institutions. Under the Stellar Consensus Protocol, there are no monetary rewards for validators, who operate the network via Proof-of-Agreement through a system of federated voting. Validators participate because they have a direct operational stake in the network's health, not because they earn block rewards.
SDF has emphasised that its approach to decentralization is not about maximizing node count, but fostering trust, mission alignment, and resilience in real-world scenarios. The profiles of @MoneyGram, @Figure, and @range_org reflect exactly that philosophy: each has an active business reason to want Stellar running reliably.
Validator nodes on Stellar increased 13% since year-end, and the latest additions signal that institutional participation in network infrastructure is accelerating alongside growing stablecoin and asset issuance activity on the chain.
Sources:
Stellar Docs: Tier 1 Organizations
Stellar Development Foundation: Q1 2026 Network Update
Messari: State of Stellar Q1 2026
Ripple (XRP) and Stellar (XLM) trade higher on Thursday as both altcoins extend their recovery after defending key support levels earlier this week. XRP is up more than 2% so far this week, while XLM has rebounded after finding support around $0.177. Improving derivatives metrics and fading bearish momentum indicators suggest the recovery could extend in the near term.
Derivatives metrics show recovery signsDerivatives metrics show mild signs of improvement for Ripple and Stellar. XRP's futures Open Interest (OI) has risen to $2.45 billion on Thursday after falling to $2.28 billion on Monday. Over the same period, XLM's OI increased to $193 million from Monday's low of $153 million.
This rise in open interest, alongside the recent price recovery, suggests fresh capital is entering the market, indicating improving trader confidence and supporting the case for a further rebound.
XRP open interest chart. Source: Coinglass
XLM open interest chart. Source: CoinglassIn addition, XRP and XLM funding rates flipped positive on Tuesday, reading 0.27% and 0.0101%, respectively, on Thursday, indicating improving sentiment.
XRP funding rates chart. Source: Coinglass
XLM funding rates chart. Source: CoinglassMixed on-chain metricsCryptoQuant’s summary data shows mixed sentiment. XRP’s spot and futures markets show large whales' orders with neutral conditions in other metrics, supporting a potential recovery.
However, XLM shows selling-side dominance in both markets, hinting at cautious sentiment among traders and capping any potential recovery.
XRP summary chart. Source: CryptoQuant
XLM summary chart. Source: CryptoQuantXRP technical outlook: Fading bearish strengthXRP price trades at $1.115 on Thursday, after recovering and finding support around the upper boundary of the downward parallel channel earlier this week. However, XRP is holding beneath the key Exponential Moving Averages (EMAs), which keeps the bias bearish.
XRP price remains below the 50-day EMA at $1.155 as well as the 100-day EMA at $1.252 and the 200-day EMA at $1.456, suggesting rallies are still being capped by overhead trend resistance. Momentum is more balanced, with the Relative Strength Index (RSI) hovering near the neutral 50 mark and the Moving Average Convergence Divergence (MACD) marginally positive, hinting at stabilizing downside pressure rather than a clear bullish reversal.
On the topside, immediate resistance appears at the 50-day EMA around $1.155, followed by the 100-day EMA at $1.252 and the horizontal barrier near $1.300. At the same time, a stronger supply zone is seen higher up at the 200-day EMA at $1.45 and the prior resistance line around $1.900.
On the downside, initial support is aligned with the lower boundary of the prevailing downward parallel channel near $1.027, where buyers have some room to respond before a deeper decline would reinforce the broader bearish structure.
XLM technical outlook: Finds support around key support zoneXLM price trades at $0.187 on Thursday, holding below the 50-day EMA at $0.190 and the 200-day EMA at $0.196, which keeps the pair in a capped, mildly bearish bias despite trading just above the 100-day EMA at $0.187.
The RSI around 48 hints at neutral-to-soft momentum, while the MACD remains slightly negative, suggesting that buyers lack conviction to challenge the overhead EMAs and Fibonacci barriers for now.
On the topside, initial resistance is seen at the 50-day EMA at $0.190, followed by the 200-day EMA at $0.196 and the 61.8% Fibonacci retracement at $0.200, with stronger supply layered higher at the 50% retracement at $0.218 and the 38.2% Fibonacci retracement level at $0.237.
On the downside, immediate support comes from the 100-day EMA at $0.187, ahead of the horizontal floor at $0.177 and the 78.6% Fibonacci retracement at $0.173, while a deeper pullback would expose the next key base near $0.142.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Pi Network (PI) price continues to maintain a consolidative tone on Thursday, halting the prevailing declining trend near a descending support trendline around $0.0730. The announcement of the upcoming mainnet upgrade to the Stellar Protocol version 25 helps limit the selling pressure. The technical outlook for PI suggests a potential rebound, as bearish momentum remains oversold.
Mainnet upgrade eases bearish pressurePi Network announced the upcoming mainnet upgrade in a social media post on Thursday, advancing to the Stellar Protocol version 25 on July 22. Pi Network is built on the Stellar blockchain, and these upgrades drive the mainnet closer to version 26, which could unlock smart contract functionality for mainnet users.
Technical outlook: Will PI hold above its last line of defense?Pi Network remains stable below $0.0750 at press time on Thursday, extending a consolidative trend for the third consecutive day. The sideways shift marks early signs of PI token shifting away from the prevailing bearish phase, accounting for over a 40% decline in the last three weeks.
Momentum on the daily chart reaffirms that the PI token remains pressured as the Relative Strength Index (RSI) at 14 hovers in deeply oversold territory. At the same time, the Moving Average Convergence Divergence (MACD) stays negative, hinting that downside momentum is still dominant despite overstretched conditions.
From a technical perspective, PI holds at the lower support trendline of a falling channel pattern on the daily chart, which typically results in a rebound. Looking up, the 127.2% Fibonacci extension level, measured over the downswing from $0.1998 to $0.1183, at $0.09613, serves as the initial overhead barrier for a potential rebound in PI.
PI/USDT daily price chart.On the downside, the 161.8% Fibonacci extension level at $0.0679 acts as the last line of defense, where a decisive close could confirm a bearish breakout of the falling channel pattern.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tradable, the ParaFi-backed private credit tokenization platform, has begun migrating $1 billion in institutional-grade private credit assets to the @StellarOrg blockchain, shifting its portfolio away from ZKsync. The firm is deploying $XLM to handle the full deal lifecycle, including compliance controls and investor onboarding, for alternative assets that were previously held in opaque, siloed legacy systems.
From ZKsync to StellarTradable has been building its private credit infrastructure on ZKsync, where its on-chain technology allowed institutional asset managers to migrate investment strategies on-chain and access a broader investor base. The pivot to Stellar signals a strategic shift toward a network with deeper institutional roots and a more established compliance architecture. Tradable operates as a private credit tokenization and liquidity platform, providing deal ownership management and access to institutional-grade private credit deals.
The move also reflects Stellar's growing pull in the real-world asset space. In the first half of 2026, Stellar crossed $3 billion in tokenized real-world assets, hitting the $1 billion, $2 billion, and $3 billion marks all within six months. That momentum has attracted a roster of well-known institutional names. A growing number of regulated financial institutions, including Franklin Templeton, PayPal, WisdomTree, and MoneyGram, have chosen the Stellar network for settlement, tokenized assets, and global payments.
Why Stellar for Institutional Private CreditTradable's choice of Stellar is consistent with the network's positioning as a compliance-first blockchain for regulated asset issuance. Franklin Templeton pioneered tokenized treasuries on Stellar, enabling 24/7 trading of U.S. government securities with under 6-second settlements and near-zero transaction costs. WisdomTree, with over $100 billion in AUM, offers 13 digital funds on Stellar through WisdomTree Prime, seamlessly integrating fiat, digital assets, and tokenized investments.
The compliance infrastructure underpinning these deployments is built directly into the protocol. Nearly a decade of work with Securrency, now DTCC Digital Assets, helped embed compliance tools such as clawbacks, transfer restrictions, and identity controls directly into the Stellar network. That foundation has made Stellar the preferred venue for institutions that need more than speed. For regulated firms, moving assets on-chain requires compliance with securities laws, sanctions requirements, and investor protections, creating demand for blockchain infrastructure that can support identity checks, transfer restrictions, and other compliance controls.
Tradable's migration adds further institutional weight to a network that is increasingly becoming the default rail for tokenized private markets. With $1 billion in private credit moving from ZKsync to Stellar, the deployment is one of the larger chain migrations in the private credit tokenization space to date.
Sources
Markets Media: Tradable Tokenizes $1.7bn of Institutional-Grade Private Credit Positions
CoinDesk: How Stellar Became Part of DTCC's Tokenization Push for Wall Street Securities Onchain
Messari: State of Stellar Q1 2026
