XLM Stellar : Bullish and Bearish Analyst Opinions

Raja states the Stellar network offers "institutional grade" capabilities with 4-5 nines of uptime, sub-second finality, and transaction costs of ~0.5 cents. He notes Franklin Templeton has already scaled ~$1 billion on the network. As APAC institutions with $10 trillion in assets move to tokenize complex products (CLOs, Real Estate) to save costs and increase speed (T+2 to T+5 seconds), they require a proven, low-cost network. Stellar is explicitly named as the infrastructure partner for Market Node and the existing rail for major players like Franklin Templeton. Long XLM as the infrastructure layer facilitating the institutional migration of assets on-chain in APAC. Regulatory crackdowns in APAC or competition from other institutional-focused L1 blockchains.

Franklin Templeton has tokenized nearly $1B of Treasuries on Stellar. Hex Trust sees 2026 as the year DTCC tokenizes "hundreds of billions." The "pilot phase" is over. Major financial plumbing (DTCC) and asset managers are moving from proof-of-concept to commercial scale on specific chains (Stellar mentioned explicitly for Treasuries). LONG. Stellar is a specific beneficiary of the regulated RWA thesis. Banks building private blockchains instead of using public networks like Stellar.

Stellar has seen 80% growth in tokenized treasuries, exceeding $7.4B on-chain. Franklin Templeton is a major partner using the network for its fund. Institutional grade uptime (4-5 nines) and specific focus on asset issuance make Stellar a quiet winner in the RWA (Real World Asset) race, specifically for "vanilla" assets like Treasuries that require strict compliance. LONG XLM as a pure-play bet on institutional treasury tokenization. Competition from Ethereum L2s or private bank chains.