Stellar (XLM) has secured the third position in the Real-World Asset (RWA) tokenization leaderboard, highlighting its rapid rise in a sector traditionally dominated by Ethereum. According to RWA.zyx data, Stellar now holds $475.73 million in total tokenized assets, outperforming blockchain heavyweights such as Solana and the XRP Ledger.
Stellar Surges as Tokenization Gains Momentum
Stellar’s infrastructure, designed for the seamless issuance and transfer of digital assets, has proven to be a significant asset in the growing RWA ecosystem. Despite experiencing a minor 4.21% dip in market share, Stellar managed to leapfrog past Solana—which currently holds sixth place with $314.86 million—and the XRP Ledger, now in ninth with $114.40 million. Analysts credit Stellar’s rise to its efficient support for asset tokenization projects, making it a go-to network for early adopters and innovators in the space.
Ethereum Remains the Leader, but Competitors Close In
Ethereum continues to hold a commanding lead in the RWA sector with a staggering $8.53 billion in total value locked, accounting for 51.7% of the market. Its dominance is reinforced by the Ethereum Layer-2 network zkSync Era, which ranks second with $2.23 billion. High-profile partnerships, such as BlackRock’s tokenization of $150 billion in assets, underscore Ethereum’s institutional backing. However, the price of ETH has yet to fully capitalize on this growth, reflecting a disconnect between on-chain developments and market valuation.
Also Read: Stellar (XLM) Price Breakout Signals Bull Run— Will Bearish Sentiment Stall It?
Algorand and Aptos Make Unexpected Gains
Meanwhile, Algorand and Aptos are making waves in the mid-tier rankings. Algorand claims the fourth spot with $370.90 million—largely due to tokenized stocks like Exodus (EXOD)—though some believe its actual figures may be higher if untracked projects like Lofty.ai are considered. Aptos, a relatively new entrant in the blockchain space, has surprised many by landing fifth with $345.85 million.
As the race for RWA dominance heats up, Stellar’s upward momentum signals a broader shift in the blockchain landscape. With asset tokenization emerging as a cornerstone of decentralized finance, platforms like Stellar are poised to challenge the status quo and reshape the future of traditional finance integration.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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