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Altcoins & DeFi

Jed McCaleb’s Stellar (XLM) Tops Solana and Ethereum in Daily RWA Fund Growth

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Stellar (XLM), the blockchain co-founded by Jed McCaleb, has become the leader in daily market cap growth for tokenized real-world asset (RWA) funds, according to Token Terminal data published by the RWA Foundation . Over the 24 hours to Nov. 13, the market cap of tokenized funds on Stellar went up by $44.9 million, and the network surpassed both Ethereum and Solana. Over the same period, the market cap of tokenized funds on Solana, Ethereum and zkSync Era increased by $29 million, $10.8 million and $3.5 million, respectively. Stellar is currently the second-largest blockchain for tokenized funds after Ethereum , according to Token Terminal. Over the past year, the RWA market on Stellar has grown roughly sixfold and reached $4.67 billion, according to rwa.xyz.

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