Tokenized real-world assets are accelerating across major blockchains, with Stellar reporting a $3.5 billion RWA valuation and Ethereum adding $553.1 million in RWA market capitalization within seven days, according to data cited by Scopuly and Crypto Twitter commentator @tokenterminal. The figures place Stellar as the third-largest blockchain for tokenized RWAs, behind Ethereum and BNB Chain.
Scopuly data shows Stellar’s tokenized asset economy expanded roughly 360% this year. The reported categories include tokenized treasuries, money-market funds, credit and sovereign debt, as well as institutional investment products. The growth highlights rising interest in moving conventional financial instruments on-chain while preserving legal arrangements through tokenized ownership rights.
Ethereum remains ahead in the RWA segment. Its $553.1 million weekly increase was more than four times the $126.1 million gain on zkSync Era and the $68.7 million gain on BNB Chain. This supports the view that Ethereum continues to attract investor confidence for real-world asset integration, even as the wider market fluctuates.
Exchange data adds market context but does not directly measure tokenized asset value. A seven-day heatmap showed Binance with approximately $603.72 million in displayed trading volume, followed by Coinbase at $203.22 million, OKX at $169.63 million and Upbit at $155.27 million. Kraken led displayed net flows at about $128,450, followed by Upbit and Coinbase. Analysts caution that trading volume and net flows are separate indicators and do not independently confirm long-term accumulation or future price action.
For Stellar, the $3.5 billion milestone underscores growing institutional visibility, but further expansion will depend on issuer participation, investor demand, liquidity and regulatory compliance. The reports also note that a rising asset total does not automatically translate into equivalent demand for XLM, since settlement and liquidity mechanisms vary by product. Meanwhile, Ethereum’s RWA momentum could attract more projects exploring tokenization, reinforcing its position in the emerging sector.
