Stellar (XLM) has overtaken Solana and Ethereum in daily market capitalization growth for tokenized real-world asset funds, according to Token Terminal data published by the RWA Foundation on Nov. 13, 2026.
Over the 24-hour period, tokenized fund market cap on Stellar increased by $44.9 million, compared with $29 million on Solana, $10.8 million on Ethereum and $3.5 million on zkSync Era. Stellar now ranks as the second-largest blockchain for tokenized funds after Ethereum. Its RWA market has grown roughly sixfold over the past year to $4.67 billion, according to rwa.xyz.
The Stellar Development Foundation highlights that the network was designed for banks and transfer agents, with built-in compliance tools, trustlines, account freezing and clawback capabilities. Transactions settle in 3 to 5 seconds, costs are fractions of a cent, and fiat on/off-ramps are available through local anchors.
Franklin Templeton’s BENJI money market fund has operated on Stellar since 2021, making it the first U.S. mutual fund on a public blockchain. Spiko, Ondo and WisdomTree are also building tokenized funds and U.S. Treasury products on Stellar. In May 2026, DTCC and the Stellar Development Foundation announced that the Depository Trust Company will tokenize assets it holds in custody on Stellar, with availability expected in the first half of 2027. DTCC also said on Nov. 12 that it will connect its tokenization service to Solana in the second half of 2027.
At press time, XLM traded at $0.1476.
