Ripple Effect: Stellar Soars as XRP Stagnates Amid Tokenization Plans

The long-standing alliance between Ripple and Stellar has been disrupted, causing their price dynamics to move in opposite directions. Since May 2023, while Stellar is recording major price gains, XRP continues to decline.

This trend reversal was triggered by the Depository Trust & Clearing Corporation's (DTCC) announcement of plans to launch asset tokenization on the Stellar blockchain in the first half of 2027.

Fresh metrics by RWA.xyz explain why Stellar has taken the lead, despite XRP Ledger having more launched RWA projects. The difference lies in the volume and activity of real capital:

The Distributed Asset Value on Stellar reached $2.83 billion, up 21.62% over 30 days, compared to XRP's $360.32 million, down 10.83%. The 30-day RWA transfer volume on Stellar increased by 142.34% to $661.84 million, while XRP recorded only $44.93 million.

The market has noticed these figures, resulting in XLM gaining about 49.44% since the end of May, while XRP has shown negative dynamics over the same period, falling by 15.78%. However, XRP still maintains an advantage in total stablecoin volume and transfer volume.