Cooling US-Iran tensions triggered a broad crypto rally, with Stellar, Hedera, and Hyperliquid posting double-digit gains on distinct catalysts.
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Stellar jumps 18%, Hyperliquid up 200% as geopolitical tensions ease
Cooling US-Iran tensions triggered a broad crypto rally, with Stellar, Hedera, and Hyperliquid posting double-digit gains on distinct catalysts.
Stellar rose 18% to $0.2160 and Hyperliquid hit $61.70 as a broad crypto rally pushed total market capitalization to $2.47 trillion. Bitcoin climbed to $73,200 from this week's low of $72,000, supported by easing geopolitical risks after US-Iran tensions cooled.
"DTCC is the backbone of global capital markets, and integrating their tokenization service with Stellar connects public blockchain networks to regulated market infrastructure," Denelle Dixon, CEO of the Stellar Development Foundation, said.
Stellar's gains followed a partnership with Depository Trust & Clearing Corporation, which processes $8 trillion daily in securities transactions. Tokenized assets will be available on the Stellar network in the first half of next year. The network's real-world asset ecosystem has grown to $1.82 billion, up 14% in the past 30 days, with transaction volumes rising 67% to $294 million, DefiLlama data shows.
Hyperliquid's rally has been fueled by the launch of spot ETFs — Bitwise's BHYPE and 21Shares' THYP have accumulated $122 million in combined assets — and rising trading volumes as the US-Iran conflict drove demand for crude oil futures on the platform during weekend hours when traditional markets are closed. The token has surged more than 200% from its year-to-date low of $20, bringing its market capitalization to $15.6 billion.
Stellar's DTCC deal drives RWA expansion
The partnership adds Stellar to a growing list of blockchain networks integrated with traditional financial infrastructure. Franklin Templeton, WisdomTree, Janus Henderson, and Ondo Finance already use Stellar's technology for tokenized asset issuance. Ondo Finance tokenizes short-term US Treasuries, offering on-chain yield to institutional investors. The DTCC integration is expected to go live in the first half of 2027, enabling the rapid conversion of traditional assets into tokenized form across the full asset lifecycle, including reporting.
Hedera rebounds despite ecosystem headwinds
Hedera rose 12% to $0.091 as dip-buyers stepped in, though the network faces structural challenges. Total value locked on Hedera has fallen to $53 million from a 2024 high of $213 million, while quarterly chain fees dropped to $53,000 from a peak of $206,000, DefiLlama data shows. The token's rally was driven by broad market momentum rather than a project-specific catalyst.
Other top gainers included Humanity, DeXe, Algorand, and Cardano's Midnight token. Bitcoin's advance above $73,000 has improved risk appetite across the crypto market, with traders watching for a sustained break above the $73,500 resistance level as a potential signal for further upside.
This article is for informational purposes only and does not constitute investment advice.
