The market capitalization of real-world asset (RWA) tokenization across the top 10 blockchain networks increased by $96.5 million over the past 24 hours.
This allowed the blockchain platform to account for 37% of the global market's total daily expansion and confidently take the top spot.
Stellar and second-place BNB Chain, which added $23.2 million, accounted for 62% of sector-wide net inflows. XLayer (+$9.8 million) and Solana (+$7.7 million) posted more modest gains.
Fewer apps, more capital: what lies behind Stellar's billion-dollar foundation
Stellar's ecosystem shows an unusually high concentration of institutional capital amid the sector's broader expansion, with the total market value of RWA approaching $46 billion by the end of September. According to RWA.xyz, despite the relatively small number of launched projects (72), the average amount of funds locked per initiative exceeds $48 million.
For comparison, this figure is just $1.4 million on the retail-focused Solana network.
At the beginning of October, the total value of distributed RWA assets on Stellar reached $3.47 billion, increasing by 5.86% over the past 30 days. Monthly transfer volume within the network grew by 45%, reaching $581.5 million.
The main liquidity drivers in the ecosystem remain large regulated funds: Spiko Amundi Overnight Swap Fund (€1.225 billion), Ondo U.S. Dollar Yield ($536.89 million) and Franklin Templeton BENJI ($513.78 million). Financial institutions prefer Stellar's infrastructure and Soroban smart contracts because of their low transaction costs and built-in regulatory compliance mechanisms.
This volume pushed ledger activity to a peak of 217.4 transactions per second, operating alongside the network's separate decentralized finance ecosystem, which recently hit $273 million in total value locked. Additionally, the network's RWA liquidity is supported by a $409.9 million stablecoin market cap, generating $10.1 billion in 30-day transfer volume.
