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Crypto

Stellar jumps more than 30 percent in a month, eyes crypto market cap top 10 after overtaking Dogecoin

Stellar (XLM) has risen more than 30 percent over the past month, lifting expectations that it could return to the top 10 cryptocurrencies by market value. XLM climbed to 13th after spending most of the year in the 17th to 21st range, though it fell 9.72 percent over the past week and 7.96 percent in 24 hours to $0.1953. Market participants cite network expansion, protocol upgrades and growing institutional collaboration as drivers.

Crypto

DTCC-Stellar partnership stirs XRP exclusion fears; industry calls it a major positive

U.S. securities clearing and depository institution DTCC disclosed plans to expand tokenised assets through the Stellar network, prompting concerns among XRP investors about potential exclusion. Industry founder Jay Nisbett said the move does not pick a single winning blockchain and instead points to a multi-chain interoperability strategy. He said DTCC still controls final clearing and settlement, with public blockchains as an added layer, and argued this does not imply XRP or Ripple is being sidelined.

Games & Commerce

W Games Q1 operating profit up 25.1 percent to 68.5 billion won

W Games posted its best-ever quarterly results, helped by a turnaround to profit in new businesses and lower fee costs. The company reported first-quarter revenue of 205.0 billion won, up 26.6 percent from a year earlier. Operating profit rose 25.1 percent to 68.5 billion won and net profit increased 60.6 percent to 73.5 billion won. It plans medium- to long-term growth across social casino, iGaming and casual games.