Stellar Now Hosts More Tokenized Assets Than the XRP Ledger. Why Is XRP Still Worth Nearly 13 Times More?

Stellar hosts more tokenized real-world assets than the XRP Ledger, yet XLM trades at a fraction of XRP's price. The reason comes down to a structural flaw in how Stellar's tokenization boom actually works.

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Stellar (CRYPTO:XLM) has emerged as a leader in hosting tokenized real-world assets, boasting a total of $3.5 billion. This figure puts it ahead of every other chain, including the XRP Ledger, which hosts $2.5 billion in tokenized assets. However, Stellar’s coin, XLM, has not seen a corresponding price increase. As of October 11, 2026, XLM trades at $0.20, bringing Stellar’s total market value to $6.85 billion.

In contrast, XRP (CRYPTO:XRP) is valued at $1.39, giving it a market capitalization of $88 billion. This means XRP is now worth 12.8 times more than Stellar, even though its ledger hosts less tokenized value. Additionally, XLM’s price is down 77.7% from its January 2018 high of $0.88, while XRP is currently 61.8% below its July 2025 peak. So why does a blockchain with more tokenized assets have a lower coin value?

Stellar Leads the XRP Ledger With $3.5 Billion in Tokenized Assets