Stellar leads daily RWA fund market cap growth, surpasses Ethereum and Solana

Stellar (XLM), a blockchain platform developed to support cross-border financial transactions, has emerged as the leader in daily market capitalization growth for tokenized real-world asset (RWA) funds. Data from Token Terminal published by the RWA Foundation shows that, in the 24 hours leading up to November 13, tokenized fund market cap on Stellar increased by $44.9 million, outpacing both Ethereum and Solana networks.

Daily RWA gains highlight Stellar’s momentum

During the same period, Solana saw its market capitalization for tokenized funds grow by $29 million, while Ethereum registered an increase of $10.8 million and zkSync Era added $3.5 million. This positions Stellar ahead of its peers in the daily growth of tokenized funds, according to the latest published figures from industry tracking platforms.

Currently, Stellar is ranked as the second-largest blockchain for tokenized funds after Ethereum, as measured by total assets, according to Token Terminal. Over the past twelve months, rwa.xyz reports that the total value of the RWA market on Stellar has expanded roughly sixfold, reaching $4.67 billion. As of now, XLM trades at $0.1476.

Compliance and technical features

The Stellar Development Foundation, a nonprofit supporting Stellar’s advancement, stated that the network was created to address the needs of banks and transfer agents. Built-in compliance mechanisms allow issuers to vet investors using trustlines, freeze accounts, and retract assets when necessary.

Stellar Development Foundation executives emphasized that compliance tools, including asset clawbacks and account freezes, are integral to the network’s design, giving regulated entities confidence to participate in tokenized markets.

Stellar offers transaction finality within three to five seconds and charges fees that are only fractions of a cent. Additionally, users can move money to and from fiat currencies using local partners, referred to as anchors on the network.

Mini dictionary: Anchors are organizations or financial institutions on the Stellar network that serve as a bridge between blockchain-based assets and traditional fiat currencies, enabling users to deposit and withdraw local money.

Growth in tokenized funds and institutional adoption

Franklin Templeton’s BENJI money market fund has been running on Stellar since 2021, marking the first U.S. mutual fund to operate on a public blockchain. In addition, firms such as Spiko, Ondo, and WisdomTree are developing their own tokenized funds and U.S. Treasury products using Stellar’s infrastructure.

Spiko specializes in offering euro-denominated funds managed by Amundi, while Ondo recently introduced its USDY token on the network to expand tokenized asset options.

In May 2026, the Depository Trust & Clearing Corporation (DTCC), a major American post-trade financial services company, and the Stellar Development Foundation announced joint plans for the Depository Trust Company (DTC) to tokenize its custody-held assets on Stellar. DTCC expects DTC-tokenized assets to be made available on the Stellar network in the first half of 2027.

Mini dictionary: The Depository Trust & Clearing Corporation (DTCC) is a US-based financial services company providing clearing and settlement services for the majority of securities transactions in the country.

DTCC also revealed its intention to connect its asset tokenization service to Solana, with integration scheduled for the second half of 2027.

DTCC confirmed that DTC-tokenized assets will first go live on Stellar, followed by an expansion to Solana later in 2027.