Traditional asset tokenization + the largest inflow in nearly 10 months—has Stellar finally started to take off?

XLM-0.81%
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CoinNetwork
CryptoWorld News reported that XBIT DEX said XLM performed strongly over the past week: its price rose from $0.146 on Wednesday to $0.298 on Saturday, for a gain of 102%. This breakout has brought XLM back into market focus—currently ranked 14th and nearing the top 10. The price increase is related to the Stellar network’s announcement of a collaboration with DTCC to develop tokenization of traditional assets; DTCC will introduce tokenized traditional assets on the Stellar chain, which is expected to add value to the Stellar chain. On the 28th, XLM’s spot inflow exceeded $20 million, the largest single-day inflow in nearly 10 months. Although there was a $9.15 million outflow on the 29th, the overall bullish trend remains strong.
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