Stellar Token Surges 26% as Adoption of Real-World Assets Continues

Stellar's token price has surged over the past week, reaching a 26.11% increase from $0.1534 on August 19 to approximately $0.1935 on August 25.

This XRP rival followed a similar trend pattern to its counterpart, with both tokens experiencing significant gains in market value.

Stellar's midcap altcoin saw its market capitalization rise to $6.69 billion, while its recorded traded volume over the past 24 hours was at $250.88 million at press time.

The token's performance coincided with rising adoption of the network for real-world asset (RWA) tokenization, with a 3.49% increase in RWA holders to 19,139 on Tuesday.