Stellar price meets tokenized-fund momentum as Bell vote nears
Published on 11/15/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTokenized funds strengthen Stellar's case
- Stellar added USD 44.9 million in tokenized fund market capitalization over the 24 hours through November 13, according to Token Terminal data cited by U.Today.
- The network remained second behind Ethereum in tokenized funds, while its broader RWA market reached USD 4.67 billion, according to rwa.xyz.
- Stellar's Bell Protocol 30 upgrade is scheduled for a mainnet validator vote on November 23, 2026, at 17:00 UTC.
Stellar's tokenized-fund market recorded the strongest one-day increase among the major networks tracked in a November 13 data window. Tokenized funds on Stellar added USD 44.9 million in market capitalization over 24 hours, ahead of Solana with USD 29 million and Ethereum with USD 10.8 million, according to U.Today, citing Token Terminal data published by the RWA Foundation.
The daily increase did not change the overall ranking. Ethereum remained the largest blockchain for tokenized funds, with Stellar in second place. Data from rwa.xyz put Stellar's broader real-world-asset market at USD 4.67 billion, roughly six times its level a year earlier. For investors, the figures point to continued issuance activity rather than guaranteeing a direct effect on XLM demand.
Institutional use remains the central test
Stellar's position is supported by a growing group of fund issuers. Franklin Templeton's BENJI money market fund has operated on the network since 2021. Spiko, Ondo and WisdomTree are also associated with tokenized funds or Treasury products on Stellar. The Depository Trust Company, part of DTCC, has said it expects assets from its tokenization service to become available on Stellar in the first half of 2027.
The network's design includes features relevant to regulated issuers, including investor screening through trustlines, account freezes and asset recall functions. Transactions typically settle in three to five seconds, while network fees are measured in fractions of a cent. These attributes support Stellar's institutional positioning, although adoption still depends on whether pilot projects develop into routine settlement activity.
Bell adds a separate network catalyst
Stellar price coverage is also looking ahead to Bell, Protocol 30. The Stellar Development Foundation says the upgrade includes muxed contract addresses, ML-DSA post-quantum signature verification for Soroban smart contracts and millisecond-resolution ledger timing.
Testnet approval took place on November 3, 2026. The scheduled mainnet validator vote is November 23 at 17:00 UTC, and the upgrade would take effect if validators approve it. Bell is additive: existing Soroban contracts continue to work, but wallets, exchanges, infrastructure providers and indexers need compatible SDKs and XDR definitions. The upgrade therefore creates a technical milestone for the network, while tokenized-fund adoption remains the more direct measure of current institutional use.
More coverage and background on Stellar and XLM is available on the Stellar topic page.
