Stellar Adds $229M in Tokenized Assets as XLM Price Eyes Breakout

Stellar has been getting some spotlight for its rising tokenization efforts of real-world assets (RWAs), amid testing of a key support level by its own token, XLM. As per ALLINCRYPTO, the platform managed to draw in $229 million worth of newly tokenized assets within 30 days, surpassing Solana in this regard. Additionally, Spiko’s holdings on Stellar have surged by 14%, reaching $1.9 billion. However, increasing activity in this ecosystem does not necessarily mean a recovery for the XLM price. The growth of Stellar in terms of tokenization is proof of how this platform enables the integration of traditional financial assets onto the blockchain network. According to ALLINCRYPTO, the network generated $229 million worth of tokenized assets in just 30 days, making it outperform Solana.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.