The crypto market moved lower over the past 24 hours, with total market capitalization dropping to $2.45 trillion, down 3.06%. According to the source material, rising geopolitical tension and continued Bitcoin ETF outflows were the main pressures behind the move. The Fear & Greed Index stood at 31, long liquidations built up, and most altcoins traded in the red. A handful of tokens still managed to close higher.
XLM jumps on DTCC-linked settlement rail news
XLM posted the strongest gain in the group. It traded at $0.1695 with a market cap of $5.68 billion, ranking No. 18 on CoinMarketCap. The token was up 14.94% in 24 hours and 15.33% over seven days, with a 24-hour high of $0.1782. The report said DTCC selected Stellar as the public settlement rail for tokenized stocks, ETFs, and Treasuries, with a target launch in 2027. Trading volume rose 761% after the news.
NIGHT and JST rise on momentum and buyback support
NIGHT changed hands at $0.03432, with a market cap of $570.05 million and a CoinMarketCap rank of 76. It gained 3.71% on the day. The source described the move as sentiment-driven rather than tied to one major catalyst, pointing to growing discussion on X and public comments from Charles Hoskinson about Midnight. Volume increased 28%. JST traded at $0.09632 with a market cap of $823 million, up 2.46% in 24 hours. Its support came from JustLend DAO using on-chain revenue to buy back and burn JST on the open market, while 13.70% of total supply had recently been permanently burned.
PI and XMR hold firm on ecosystem and privacy narratives
PI traded at $0.1424 with a market cap of $1.5 billion, gaining 0.42% over 24 hours. The report tied the move to two developments: efforts to explore registering PI as a U.S.-regulated, dollar-pegged stablecoin under the GENIUS Act, and the addition of Elf Continent by CiDi Games inside the Pi Browser. A mandatory Protocol 24 upgrade also kept node activity elevated. XMR was priced at $382.66 with a market cap of $7.05 billion, up 0.46% for the day though still down 5.71% over seven days. The source said Monero bounced near its $378 50-day SMA, while volume climbed 28% and demand for privacy coins added support.
In a session defined by weaker sentiment and broad selling, tokens tied to institutional settlement rails, buyback-and-burn mechanics, ecosystem additions, or privacy demand stood out. XLM, NIGHT, JST, PI, and XMR were among the few names that stayed in positive territory.