Stellar Inks Double RWA Record: XLM Price To Follow Suit?
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Allium Labs just opened up a real-time on-chain data tracking platform specifically for Stellar Lumens (XLM), enabling anyone to freely explore the blockchain. This includes smart contract operations, fees & active addresses, among plenty more things.
One of the key features is a deep dive into Real World Assets (RWAs), breaking down the current RWA holder activity with exact data. According to the latest data, Stellar’s RWA holder count just breached 12,538, while the present RWA market cap just reached $3.10 billion. That’s a double milestone for the popular network, seeing a 300% RWA market increase this year.
Spiko is currently the largest custody handler with $1.2 billion in place, including government debt & European T-Bills. The tokenized near-term European government securities & the Euro-denominated fund tracking short-term rates take up the lion’s share of $1.2 billion cake.
Meanwhile, Franklin Templeton is a growing player in Stellar’s RWA market along with the German firm Bitbond Finance GmbH. However, the biggest player is yet to come - the DTCC announced it will be deploying a part of their $114 trillion traditional securities market onto XLM, sometime in the first quarter of 2027.
With institutional demand growing in rapid rates, long-term holders expect a breakthrough in the price of XLM. Typically, that occurs when price stabilizes after a downtrend with crypto whale support. For now, the price charts dictate conflicting conclusions. On the 4-hour time-frame, Stellar’s price seems to be catching momentum, as the Chaikin Money Flow (CMF) is at 0.12.
However, that’s not the case on the one-hour chart, signaling a near-term sell-off on Monday evening. Zooming out, the one-day Stellar Lumens (XLM) price chart hints at a complete status quo - the large player a.k.a whale sentiment-measuring CMF dwelled at exactly 0, according to TradingView. This is tied to uncertainty in the geopolitical field, with gas & gold trading sideways.
On the other hand, a bigger breakthrough in Stellar’s RWA niche could lead to XLM’s price defying the broader market trend, which remains cautious despite Bitcoin (BTC) reclaiming $65,600. The apex crypto currency asset has a habit of backtracking back to $60,000, as seen over the past two months. For XLM, the key barrier is $0.19, which could lead to $0.25 if bulls defend it.
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