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.

![RWA Distribution](https://u.today/sites/default/files/inline-images/stellarxrprwa.jpg)

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.

![XRP and XLM Chart](https://u.today/sites/default/files/inline-images/image_4489.png)

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**.

Stellar rides a $2.8 billion RWA wave while XRP gets stuck at $1.13, but tightening Bollinger Bands put the next breakout scenario in the spotlight.

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