Stellar’s tokenized RWA market nears $4 billion, XLM holds at $0.18

Stellar’s tokenized RWA market climbs 360% in 2026

The value of tokenized real-world assets on Stellar surpassed $3.996 billion as of August 29, representing a 360% rise from $868.8 million at the end of 2025. This surge includes tokenized U.S. Treasurys, private and public credit, non-U.S. sovereign debt, and other financial securities established on the Stellar blockchain.

Data compiled by RWA.xyz indicates that Stellar’s asset base remained relatively modest through much of 2023 and 2024. However, the acceleration in 2026 saw the value jump from under $1 billion to more than $3 billion within months, driven by broad-based institutional issuance rather than a single source.

Several large issuers account for much of this growth. As of August 27, Spiko held approximately $1.55 billion in tokenized assets on Stellar, while Realiz, Tradable, Franklin Templeton, and Ondo each contributed between $535 million and $559 million. Product offerings from Ondo, as well as Franklin Templeton’s BENJI ecosystem, form part of this diverse landscape.

The network has also expanded into tokenized non-U.S. government debt, building nearly $490 million in these assets by August 20. Examples include Mexican CETES and Brazilian government bonds issued via Etherfuse, a platform specializing in infrastructure for tokenizing local sovereign debt.

Mini dictionary: Etherfuse, a technology company focused on creating tokenized versions of government and corporate bonds, primarily in emerging markets such as Mexico and Brazil.

Institutional activity remains central to these advances. DTCC, a leading global post-trade market infrastructure provider, announced in May that it plans to integrate its tokenization services with Stellar. This connection could make DTC-tokenized assets widely available on the network during the first half of 2027. In a separate development, Tradable stated it expects to bring as much as $1 billion in private credit assets to Stellar, reflecting growing adoption among institutional players.

The rapid growth in Stellar’s tokenized asset sector comes as tokenization emerges as a critical topic for traditional finance. At the 2026 Jackson Hole symposium, major institutions focused on how tokenized markets could enhance settlement and liquidity, while acknowledging new regulatory and monetary policy challenges.

XLM price stalls despite robust network fundamentals

Despite the network’s soaring RWA totals, XLM has yet to benefit from the same momentum. The token last traded at $0.1806, consolidating after reaching a high above $0.20 in August.

Technical charts show XLM resting slightly above its 50-day exponential moving average at $0.1781. This price range, between $0.178 and $0.180, serves as an immediate technical pivot point for traders.

A continued hold above this level would indicate that the recent drop is part of a consolidation phase rather than a new downward trend. If the token closes below the moving average, prices in the region of $0.16 from mid-August may again come into focus.

Momentum indicators remain largely neutral. The 14-day relative strength index sits just above 52, putting the token modestly in favor of buyers but well below overbought readings. Price faces resistance around $0.19–$0.20, with a stronger breakout needed to target the previous August peak near $0.22. The next resistance zone lies around $0.23–$0.24.

A key question for market participants is whether continued growth in tokenized assets will eventually spark greater demand for XLM. While network usage and institutional integration have increased, this activity has not yet produced a proportional rise in the token’s price.

Stellar’s tokenized RWA market expanded by more than 360% in under a year, but XLM remained down around 11% year to date, even as institutional adoption strengthened.

As a result, Stellar’s on-chain fundamentals and XLM’s market performance appear disconnected. Sustained progress in tokenization could influence future price action, but for now, the technical outlook hinges on whether XLM can clear the $0.20 resistance and begin to reflect the underlying network growth.