XLM Rallies Over 25%, Closely Tracking XRP's Stellar Surge

Stellar (XLM) has surged over 25% in the past week, mirroring the impressive gains of its rival XRP. The token's market capitalization rose to $6.69 billion, while its traded volume reached $250.88 million over the last 24 hours.

This uptrend coincides with increasing adoption of the Stellar network for real-world asset (RWA) tokenization. In the past 30 days, RWA holders on this network have grown by 3.49% to 19,139, according to data from RWA.xyz.

Stellar's Distributed Asset Value (DAV), which shows RWA tokens using this blockchain as a distribution layer, has also edged up 8.2% in 30 days to around $3.29 billion at the time of writing.