Stellar Price Surges on Record Transaction Speeds and Tokenized Asset Dominance

The price of Stellar (XLM) has surged 7.88% to $0.2312, breaking above its key moving averages and reflecting continued upward momentum.

This growth is driven by a record 217.4 transactions per second on the network, which supports $3.38 billion in tokenized assets. This milestone has propelled Stellar to the third-largest blockchain for tokenized real-world assets, surpassing Solana, Avalanche, and Aptos.

The recent hack affecting over $18 million in XRP due to compromised D'CENT wallet keys did not significantly impact market sentiment. Instead, the combination of growing on-chain activity and leadership in real-world asset tokenization has underpinned stronger market sentiment.