Stellar Posts Major Gains, XRP Falls 16% Amid Diverging Crypto Market Sentiment
Stellar Surges While XRP Weakens: What Is Driving the Divergence?
Stellar (XLM) and XRP, two cryptocurrencies that have historically moved in similar patterns, are now showing a clear divergence. Since late May 2026, Stellar has recorded a strong upward trend, while XRP continues to face downward pressure. This shift is being driven by new developments in the asset tokenization sector and different technical outlooks for each blockchain.
One of the main catalysts behind Stellar’s rise is a recent announcement from the Depository Trust & Clearing Corporation (DTCC), a major financial market infrastructure provider in the United States. DTCC revealed plans to tokenize a variety of assets, including stocks, ETFs, and US Treasury bonds, on the Stellar blockchain in the first half of 2027.
In the crypto industry, asset tokenization refers to converting traditional financial assets such as stocks, bonds, and other financial products into digital assets that operate on blockchain networks. DTCC’s decision is seen as a major positive signal for Stellar, highlighting growing institutional confidence in its technology.
Data from RWA.xyz shows that Stellar is gaining momentum in the Real World Asset (RWA) sector. Although XRP Ledger (XRPL) currently hosts more projects, with 302 projects compared to Stellar’s 68, the total value of assets deployed on Stellar is significantly larger.
The total asset value on Stellar has now reached $2.83 billion, rising 21.62 percent over the past 30 days. Meanwhile, the value locked on XRPL has fallen to $360.32 million, marking a 10.83 percent decline during the same period.
RWA transfer volume over the past month also highlights Stellar’s growing dominance. Stellar recorded a massive 142.34 percent increase, pushing transfer volume to $661.84 million, while XRPL only recorded $44.93 million.
Investor participation also favors Stellar. The number of RWA holders on Stellar climbed 44.75 percent to 17,803 wallet addresses, while XRPL currently has only around 122 wallet addresses.
This performance gap is also reflected in market prices. Since the end of May 2026, Stellar’s XLM token has surged 49.44 percent, while XRP has dropped 15.78 percent over the same period.
However, XRP still maintains an advantage in the stablecoin sector. The total stablecoin volume on XRPL stands at $922.42 million, higher than Stellar’s $296.24 million. Over the last 30 days, XRPL also recorded stronger stablecoin transfer volume at $5.11 billion, compared with Stellar’s $4.27 billion.
From a technical analysis perspective, XLM’s daily chart shows strong bullish momentum since late May, with the price briefly reaching $0.29. Its Relative Strength Index (RSI) currently sits at 57.64, suggesting the market may be entering a consolidation phase after the recent rally.
Meanwhile, XRP continues to face selling pressure. In early June, XRP dropped below the middle Bollinger Band, signaling that sellers remain in control. The token is currently trading near $1.13.
XRP’s RSI stands at 39.34, indicating weak buying momentum, although the asset is approaching oversold territory.
If XRP manages to stay above the key psychological level of $1.10, a short-term rebound could happen. However, if selling pressure continues and capital keeps shifting toward the Stellar ecosystem, XRP could retest support at $1.05 and potentially fall toward the $1.00 level.
