Stellar RWA Value Is $3.54B On RWA.xyz, Behind Solana Not Ahead

The Stellar RWA total stands at $3.54 billion of distributed tokenized assets on RWA.xyz. That is fourth place among networks, and Solana sits one rung higher at $4.39 billion. A post on X on Saturday put the two the other way round.

BSCN on X credited the RWA Foundation with a ranking. It had Stellar at $3.5 billion, Solana at $3 billion, XRP Ledger at $2.5 billion and Avalanche at $1.7 billion. Stellar and Avalanche agree with RWA.xyz. Solana and XRP Ledger do not.

Here is the table the claim has to be checked against.

Same Stellar RWA total, different neighbours

RWA.xyz lists Stellar at $3,537,812,542 distributed, which rounds to the $3.5 billion in the post. Avalanche shows $1.75 billion distributed, close to the $1.7 billion quoted. On Solana the site shows $4.39 billion, well above $3 billion.

The networks table on RWA.xyz, ranked by distributed value on October 11, 2026.

XRP Ledger needs more care. RWA.xyz splits every network into distributed value, which sits on the chain, and represented value, which is recorded there but held elsewhere. XRP Ledger has $496 million distributed and $4.55 billion represented. The visible text of the post does not say which basis it used. Avalanche shows the same split in reverse, with only 13.3% of its $13.16 billion total counted as distributed.

Half the Stellar RWA book is one issuer

Open Stellar's own page on RWA.xyz and the Stellar RWA total breaks down into very few names. Spiko leads with nine assets worth $1.8 billion, about half of everything on the chain. Franklin Templeton's Benji comes next at $554.9 million. Ondo follows at $537.2 million from a single asset, and Realiz holds one asset worth $500.0 million.

Add those four and you reach roughly $3.39 billion, so about 96% of the network's value sits with four platforms. Circle follows at $372.4 million. WisdomTree has the most products with 16, yet they total only $40.6 million.

Stellar's league table on RWA.xyz, with the platform split shown as a pie.

Few products, large tickets

Spread the Stellar RWA value across its 82 assets and the average comes to about $43 million each. Solana has 3,257 assets averaging near $1.3 million. Holders show the same gap, with 23,302 on Stellar against 886,518 on Solana, roughly 38 times more.

Momentum is real, though. The Stellar page shows distributed value up 5.24% over 30 days, holders up 14.53% and RWA transfer volume at $627.26 million, up 43.17%. RWA.xyz counts $39.17 billion of distributed value across all 39 networks, so Stellar holds about 9% of it.

Payments dwarf the funds on this chain. Stellar stablecoin transfers reached $10.69 billion over 30 days, up 6.26%. Tokenized funds moved $627.26 million in the same stretch, about 6 cents for every dollar of stablecoin flow. The chain's $430.6 million of stablecoins have about 731,000 holders.

The RWA.xyz pages carry an as-of date of October 11, 2026. A later visit will show different totals, and the rank order of the top five could change with them.