Stellar is gaining renewed attention from the crypto market as tokenization activity on its network expands, even while the native XLM token struggles near lower support levels. Data shared by market observers shows several high-profile firms are actively building tokenized financial products on Stellar, underscoring the network’s evolution beyond simple payments.
According to on-chain activity and public reports, Spiko accounts for $776.8 million in tokenized assets on Stellar, followed by Franklin Templeton at $657.9 million. Bitbond has $463.1 million in activity, while Circle and Ondo are listed at $270.1 million and $124.0 million, respectively. These figures highlight Stellar’s growing role as a settlement layer for tokenized real-world assets, not just a low-cost payments rail.
Despite the fundamental progress, XLM’s price action remains sluggish. On the daily chart, XLM traded near $0.1586, stuck below the key $0.1819 Fibonacci level. Resistance is stacked at $0.2486 (0.786 Fib) and higher zones at $0.3009–$0.4199. The MACD indicator shows weak momentum, with the MACD line slightly below its signal line and both near the zero level, while the RSI hovers at 43.97—below the neutral 50 mark. This divergence between growing adoption and price weakness suggests that a technical recovery would require reclaiming $0.1819 first, and a break above $0.2486 with rising volume for a stronger reversal signal.
