The long-standing alliance between two giants of the crypto payments segment — XRP and Stellar (XLM) — has been disrupted, with their synchronized price dynamics now a thing of the past. Since the end of May 2026, the assets have moved in opposite directions: Stellar records major gains while XRP continues to decline.
The Battle for RWA
The sharp trend reversal was triggered by an official announcement from the Depository Trust & Clearing Corporation (DTCC) about plans to launch asset tokenization — including stocks, ETFs and U.S. Treasuries — on the Stellar blockchain in the first half of 2027. Data from RWA.xyz shows why Stellar has taken the lead:
- Distributed Asset Value: On Stellar, this figure reached $2.83 billion (up 21.62% in 30 days). By comparison, XRPL stands at $360.32 million (down 10.83%).
- 30-day RWA transfer volume: On Stellar, this metric increased by 142.34% to $661.84 million, while XRPL recorded only $44.93 million.
- RWA investor base: The number of RWA holders on Stellar rose by 44.75% to 17,803 addresses, while XRPL has only 122 addresses.
The market noticed these figures, driving XLM up about 49.44% since the end of May, while XRP fell by 15.78% over the same period.
At the same time, XRPL maintains an advantage in total stablecoin volume ($922.42M vs $296.24M) and 30-day stablecoin transfer volume ($5.11B vs $4.27B).
What's Happening on the Charts?
The daily timeframe indicators reflect a deep technical gap between the two assets.
On the XLM chart, the price explosion at the end of May expanded the Bollinger Bands, broke above the upper band, and reached a peak near $0.29. The RSI fell to 57.64 after leaving overbought territory, pointing to market stabilization.
The XRP chart shows the opposite picture. In early June, the coin broke below the middle Bollinger Band, confirming the dominance of sellers. XRP is trading near $1.13, trapped between the middle line at $1.1739 and the lower Bollinger Band at $1.0526. The RSI has fallen to 39.34, approaching oversold territory.
Can XRP Repeat XLM's Success?
The current narrowing of the Bollinger Bands on the XRP chart indicates that the asset is accumulating energy before a strong move. Two scenarios:
- Bullish scenario: If the price holds above $1.10 and the lower band at $1.0526, it could create a base for a rebound. To repeat Stellar's success, buyers need to restore XRPL's RWA status, break through $1.1739, and consolidate above $1.2953, opening the way to $1.45–$1.60.
- Bearish scenario: If buyers fail and capital flows to Stellar, XRP risks dropping from $1.13 to retest the lower band at $1.0526, with possible decline toward $1.00.
Comments
Join Our Community
Sign up to share your thoughts, engage with others, and become part of our growing community.
No comments yet
Be the first to share your thoughts and start the conversation!