Stellar RWA Market Surges to $3.996B as Spiko Drives Growth
Stellar (XLM)
Editor:
Eugene Serbin
Cvj.ai reports that Stellar’s tokenized real-world asset market has reached $3.996 billion, marking a 360% increase in 2026. This figure represents a substantial rise from the $868.8 million recorded at the end of 2025. The network crossed the $1 billion mark in January, $2 billion in April, and $3 billion in June.
Spiko accounted for $1.55 billion of this value as of August 27, making it the largest disclosed contributor. The RWA market includes tokenized U.S. Treasurys, private and public credit, and non-U.S. government debt. Data from RWA.xyz showed roughly $490 million in tokenized non-U.S. government debt as of August 20.
Stablecoin transfer volume on Stellar reached an all-time high of $11.4 billion in Q2, up 72% quarter over quarter. This growth highlights expanding adoption of blockchain-based asset tokenization by institutional and retail investors.
How the market reacted
Whalio's own Binance spot order flow for XLM, measured when this story was written up on 30 August 2026. Not the outlet's figures.
XLM is trading at $0.1798 with a 24-hour buy ratio of 56.1%, indicating that buyers are currently in control of the market flow. The 1-hour buy ratio stands at 52.7%, showing that buying pressure remains steady in the short term, while the 4-hour ratio has dipped to 47.1%, suggesting a slight weakening of momentum over a slightly longer timeframe. The volume delta for the last hour is positive at $23,268, contrasting with a negative $52,634 over the past four hours. This shift indicates that recent trades have been more aggressive than those from earlier in the four-hour window. Over the last 24 hours, the volume delta is strongly positive at $579,167, confirming that net buying has dominated the day's activity.
The latest daily buy ratio of 52.4% sits at the 71st percentile of the last 281 days, against a median of 50.7% - stronger buying than most days.
Twenty-four hours later
What XLM did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XLM, averaged over the days leading up to the story.
Over the preceding week, XLM experienced a price decline of 8.1% despite a 7-day average buy ratio of 51.0%. The latest day's buy ratio of 56.1% is 5.0 points higher than the weekly average, showing a recent uptick in buying interest. However, the 24-hour spot volume of $4,779,305 is only 0.18 times the weekly average, indicating significantly lower trading activity compared to recent norms. This suggests that while buying pressure has intensified, it is occurring on a much smaller scale than usual. The coin saw net buying on 5 of the last 7 days, with a total 8-day volume delta of $3,426,095.