A longstanding parallel in the crypto payments arena has been disrupted as Stellar and XRP, once closely correlated, now move in opposite directions. Since late May 2026, Stellar has seen a robust upward trend, while XRP continues to slide. The divergence is tied to fresh, remarkable data from the asset tokenization sector and contrasting technical outlooks for both blockchains.
Tokenization data accelerates the split
At the heart of this shift is a headline development: DTCC, a key post-trade infrastructure provider for US financial markets, announced plans to tokenize a wide range of assets—including equities, ETFs, and US Treasury bonds—on the Stellar blockchain in the first half of 2027. With its pivotal role in securities clearing and safekeeping, DTCC’s move is seen as a significant endorsement of Stellar’s technological edge.
Mini glossary: Asset tokenization refers to converting traditional financial products like stocks, bonds, or funds into digital representations on blockchain networks. RWA means “real-world assets”; in this sector, on-chain transaction volume and the investor base are key performance indicators.
According to RWA.xyz data, although the XRP Ledger (XRPL) hosts more projects, Stellar has pulled ahead in capital size and user activity. While XRPL counts 302 RWA projects compared to Stellar’s 68, asset value deployed on Stellar has swelled to $2.83 billion—a surge of 21.62 percent in the last month. For XRPL, the figure has fallen to $360.32 million, marking a 10.83 percent decline.
RWA data reveal that project count alone isn’t decisive. Stellar has seen stronger momentum lately when it comes to capital flows, transfer activity, and its investor base.
The 30-day RWA transfer volume reinforces this point. Stellar’s saw a remarkable 142.34 percent rise to $661.84 million, whereas XRPL lagged behind at $44.93 million. The gap is also widening among investors: Stellar’s number of RWA holders climbed by 44.75 percent to reach 17,803 addresses, in stark contrast to XRPL’s 122 addresses.
Notable performance gap in price action
Market pricing has echoed on-chain developments. Since the end of May 2026, Stellar’s XLM token has rallied by roughly 49.44 percent, as XRP tumbled 15.78 percent over the same period. Still, XRPL is not entirely left behind: in overall stablecoin volume, it maintains a lead at $922.42 million versus Stellar’s $296.24 million. Over the last 30 days, XRPL also outpaced Stellar in stablecoin transfer volume, logging $5.11 billion to Stellar’s $4.27 billion.
What do technical charts suggest?
On the daily chart, XLM displays a powerful surge in late May, with prices expanding past the upper Bollinger Band and hitting around $0.29. Its RSI cooled from overbought territory to 57.64, suggesting a period of consolidation following the steep rally.
XRP’s chart, on the other hand, reflects ongoing pressure. In early June, the price slipped below the middle Bollinger Band, confirming a tilt toward sellers. At the time of reporting, XRP trades near $1.13, squeezed between the $1.1739 middle line and the $1.0526 lower band. The RSI, now at 39.34, shows buyers are weak but the indicator is nearing oversold territory.
A narrowing Bollinger Band on XRP signals a buildup of momentum before a decisive price move. If the coin manages to hold above the psychological barrier at $1.10 and the lower band at $1.0526, a relief rally could be possible. Should these supports falter and capital continue shifting toward the Stellar ecosystem, XRP may first retest the $1.0526 level and then challenge its major support at $1.00.
