Stellar Token Surges 26% as Crypto Market Capitalization Hits $2.7 Trillion
The Stellar (XLM) token has seen significant gains in recent days, mirroring the price movement of its rival XRP. According to Finbold, XLM has surged by 26.11% over the past week, with its market capitalization rising to $6.69 billion.
This growth coincides with a rise in adoption of the Stellar network for tokenizing real-world assets (RWAs). Data from RWA.xyz shows that the number of RWA holders on the network has increased by 3.49% over the past 30 days, reaching 19,139 on Tuesday.
The total crypto market capitalization added over $420 billion in the same period, with XRP price climbing by roughly 46.65% over the last seven days.