- Stellar third in RWA with $475.73M locked, surpassing Solana and XRP Ledger as tokenization demand grows.
- XLM sees 4 day price surge, breaking from falling wedge; targets include $0.4594, $0.5601, and $0.6719 with $0.1980 stop-loss.
- Total RWA market hits $22.11B with 100K+ holders, driven by rising issuer interest and Stellar’s cross-border architecture.
Stellar (XLM) has surpassed XRP Ledger and Solana in the real world asset (RWA) tokenization market, securing a top three position. According to RWA.xyz, the network now holds $475.73 million in tokenized real world assets, placing it behind only Ethereum and zkSync Era.
Ethereum leads with $8.53 billion locked, a 51.7% of the total RWA market. Total tokenized RWA value on blockchains is at $22.11 billion, up by 9.93% from 30 days ago. This change in rankings has repositioned Stellar ahead of previously dominant networks and elevated its standing within the broader tokenization market.
Stellar Climbs to Third as Solana Drops to Sixth
Stellar now ranks third, pushing Solana down to sixth with only $314.4 million in tokenized assets. Stellar also moved past XRP Ledger and Algorand. Despite Solana’s 3.78% increase in locked value, it failed to retain its place in the top five.
This reordering shows changing preferences among asset issuers who increasingly deploy on Stellar. The number of total asset issuers across all blockchains is at 188, emphasizing the growing competition in this space.
Real World Asset Market Rapid Expansion
The total number of onchain asset holders has grown to 100,276, a 5.63% rise over the past month. This expansion in participation shows the growing interest in real world asset tokenization.
Stellar’s infrastructure, which is historically built around cross-border transactions, may have contributed to its recent rise. The platform’s architecture appears to support enterprise level requirements, a factor noted by analysts reviewing its current performance.
Market Activity Shows Strong Momentum
Stellar has had increased trading activity, with four consecutive daily price gains. Rose, a market analyst, noted a breakout from a falling wedge pattern, describing bullish structure and possible upward continuation.
On May 7, at the time of writing, XLM was trading at $0.2608, up by 5.33% on the week and 26.57% on the month. Market cap is at $8.07 billion, with a 24 hour trading volume of $166.71 million. The total circulating supply is 30.95 billion XLM, out of a 50 billion cap. Targets projected by Rose include $0.4594, $0.5601, and $0.6719, with a stop-loss at $0.1980.
