Stellar RWA Market Cap Nears $4B, Up ~360% YTD

The near-$4B RWA cap on Stellar signals that tokenized assets are gaining real traction beyond Ethereum-centric narratives. This growth likely reflects institutional or enterprise demand for regulated, efficient settlement rails, a niche Stellar has long targeted. The key question is whether this momentum can sustain as competition from other chains and regulatory shifts intensify. Watch whether issuance activity broadens beyond current dominant asset types, as that would indicate a more durable ecosystem rather than a one-off spike.