XLM jumps 50% as tokenized Treasuries hit Stellar

Stellar’s native token XLM rose roughly 50% over a 72-hour stretch from June 15 to June 18 after tokenized U.S. Treasuries and AAA-rated CLO tranches were enabled on the network and listed via the Sushi decentralized exchange. Industry metrics show the value of distributed real-world assets on Stellar reached about $2.22 billion after recent listings.

During the run, XLM traded up to a local high near $0.25. Market data indicated bullish derivatives positioning and positive funding rates while traders identified $0.30 as a key resistance level to watch for a possible broader breakout.

Tokenization activity on Stellar expanded to include short-term government debt and high-grade CLO tranches, increasing the range of fixed-income instruments available on the ledger. The network’s real-world asset balance rose roughly 30% over the prior month, reflecting new supply of tokenized products moving on-chain.

Stellar maintains commercial links with several financial firms and asset managers. Recent integrations include payment partners and connections with a major U.S. securities infrastructure provider, and a global money-transfer firm added a self-custodial dollar stablecoin on the network. Each on-chain transaction requires XLM for fees and accounts must hold a minimum XLM reserve, which ties certain network activity to token demand.

XLM remains below earlier multi-year highs after a difficult year for many alternative tokens. The price increase followed concentrated token listings and elevated trader activity. Market participants are monitoring further tokenization activity, on-chain flows and whether XLM can clear $0.30 to sustain recent momentum.