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XRP drops nearly 6% weekly amid crypto market slump; XLM surges 22% after DTCC partnership.

Market News
28 May 2026
Bitcoin
View Source
Bearish
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XRP fell to a multiweek low of $1.265, losing nearly 6% over the past week due to a broad cryptocurrency market downturn that also pushed Bitcoin to lows. Its market cap dropped below $80 billion, reflecting struggles to regain momentum since early 2026. In contrast, Stellar's XLM surged 22% after a partnership with DTCC to enable tokenization of assets on the Stellar network, boosting investor confidence. The overall altcoin market declined, but XLM and RAIN showed notable gains, highlighting selective investor interest in tokenization projects.

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