Stellar (XLM) Takes 37% Share of Daily RWA Tokenization With $36.4 Million Inflow

A 24-Hour Lead on the Tokenization Board

The Stellar (XLM) network absorbed $36.4 million of net inflows into tokenized real-world assets, the wrapping of funds and instruments into on-chain tokens, over the past 24 hours, a 37% share of the $96.5 million the asset class added across the ten largest blockchain networks. RWA Foundation, a sector analytics account, posted the breakdown on X on the morning of October 4, with Token Terminal as the underlying data source; the metric measures day-over-day change in the combined market value of on-chain funds, not wallets, transactions or the people behind them. Stellar led the board outright, ahead of BNB Chain at $23.2 million in second place, and the two networks together captured 62% of the sector's daily expansion. XLayer added $9.8 million and Solana $7.7 million, the two trailing altcoin networks a distance behind the leading pair. By the end of September the combined RWA market on these chains had approached $46 billion in value, so the day's $96.5 million is a fraction of a percent on that base rather than a step change. The leaderboard covers only the ten largest chains by absolute dollars added, so a smaller venue could in principle have grown faster in percentage terms. One caution belongs in the same breath as the headline share: a 24-hour market-capitalization delta can move on a single large subscription into one tokenized fund, and it settles nothing about durability. The count also sits apart from the XLM price itself, since no token market level appears in the underlying data.

@RWAFoundation_ · X post

Breakdown on X.

View on X

The composition behind the inflow is unusually concentrated for a public chain. RWA.xyz data shows Stellar network hosts 72 launched RWA projects, yet the average value locked per initiative exceeds $48 million; on the retail-oriented Solana network the comparable average is $1.4 million. Total tokenized value on the network reached $3.47 billion at the start of October, up 5.86% over 30 days, while monthly transfer volume grew 45% to $581.5 million. Three regulated funds supply most of that depth: the Spiko Amundi Overnight Swap Fund at €1.225 billion, Ondo U.S. Dollar Yield at $536.89 million and Franklin Templeton's BENJI at $513.78 million. Institutions choosing these rails cite low transaction costs and built-in compliance tooling around the network's layer-1 settlement design and its Soroban smart contracts, the execution layer extended by the recent Protocol 28 adapter upgrade. Ledger activity peaked at 217.4 transactions per second during the period, running alongside a separate DeFi segment that recently pushed total value locked to a record $273 million. The stablecoin layer adds further ballast, with a $409.9 million market cap generating $10.1 billion in 30-day transfer volume. Read together, the figures describe a narrow but deep venue, few projects and large tickets, with monthly transfer growth of 45% outpacing the 5.86% growth of the asset base itself. What the numbers leave open is cadence: the three anchor funds publish on their own schedules, none has released October figures, and the daily share could re-concentrate toward BNB Chain or disperse again on the next subscription cycle.

A Count of Capital, Not Users

COINOTAG's read: this leaderboard prices capital, not adoption. It tracks 24-hour market-cap change across tokenized funds, so one large treasury subscription can produce the same 37% share as broad institutional demand, and the sector's own figures, 72 initiatives averaging more than $48 million each on Stellar (XLM), confirm that the base is institutional. The primary record here is the RWA Foundation post itself, and its caveat is structural rather than rhetorical: with depth concentrated in three funds, the daily lead can reverse on a single redemption. What the count establishes is narrower than the headline. Tokenized capital parked on the network grew by $36.4 million on October 4, and no more than that.