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Stellar surged on a DTCC partnership, Hyperliquid rose on ETF inflows and war-driven volume, while Hedera gained on dip-buying amid cooling Iran tensions.
A broad cryptocurrency market rally has pushed Bitcoin to $73,200 as tensions between the US and Iran cooled, lifting the total market capitalization to $2.47 trillion [2]. Within this upswing, Stellar’s XLM surged 18% following a major partnership announcement, while Hyperliquid’s HYPE token climbed over 200% from its yearly low and Hedera’s HBAR rebounded from recent lows [2].
Key takeaways
Stellar’s XLM token reached a high of $0.2160, its highest point since January 26, after developers unveiled a partnership with the Depository Trust & Clearing Corporation (DTCC) [2]. The DTCC processes an average of $8 trillion daily in security transactions, and the collaboration aims to enable the tokenization of DTC-custodied assets on the Stellar network in the first half of next year [2]. Denelle Dixon, CEO of the Stellar Development Foundation, stated that integrating with the DTCC connects public blockchain networks to regulated market infrastructure [2]. The announcement coincides with increased adoption of Stellar’s technology by organizations such as Franklin Templeton and WisdomTree, with the network’s real-world asset ecosystem growing to $1.82 billion in distributed value [2].
Hyperliquid’s HYPE token has increased significantly, rising to $61.7, which is over 200% above its year-to-date low of $20 [2]. The surge has brought its market capitalization to over $15.6 billion [2]. This growth is attributed to the launch of HYPE ETFs, which have accumulated over $100 million in inflows and $122 million in assets, with Bitwise’s BHYPE holding $65 million and 21Shares THYP holding $56 million [2]. Additionally, the platform reported a volume surge driven by traders using it to buy crude oil futures during the weekend amid the US-Iran war [2]. This activity led to higher network fees, token buybacks, and burns, which the article reports have improved the token's economics [2].
Hedera’s HBAR token rose for a second consecutive day, reaching $0.091, its highest level since May 16 [2]. The 12% rebound from the week’s low was driven by dip-buying investors, as the token lacked a specific major catalyst [2]. However, the network faces challenges regarding ecosystem growth, with data showing the total value locked (TVL) dropping to $53 million from a previous high of $213 million [2]. Furthermore, chain fees reportedly decreased to $53,000 in the first quarter, down from a high of $206,000 [2].
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Hedera hibernica is a species of evergreen ivy native to the Atlantic coast of Europe, often used in gardening but considered invasive in parts of North America.
The Hedera network is governed by the Hedera Council, which consists of a rotating group of Fortune 1000 enterprises, institutions, non-profits, and universities.
Yes, Hedera is designed for regulatory compliance, featuring protocol-level safeguards and processes to ensure adherence to U.S. sanctions laws and OFAC standards.
The rally highlights divergent drivers in the crypto market, from institutional infrastructure integration to speculative trading around geopolitical events. For Stellar, the DTCC collaboration represents a significant step toward regulated asset tokenization, potentially expanding its utility beyond payments [2]. Meanwhile, Hyperliquid’s performance illustrates how external conflicts can drive on-chain activity and ETF demand, while Hedera’s movement suggests that investor sentiment can recover even amid declining fundamental ecosystem metrics [2].
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jun 2, 2026 · How we report
Hedera serves as a distributed ledger platform for the digital economy, enabling enterprise applications such as tokenized securities, carbon market digitalization, and AI governance.