The market for tokenized real-world assets has expanded substantially over the past three years. Excluding stablecoins, the sector has grown 18.1 times to reach $44.6 billion, with institutional demand for yield-bearing products driving much of this growth.
Tokenized U.S. Treasury bills lead the market at $15.1 billion, followed by active yield strategies at $8.9 billion and private credit funds at $6.4 billion. Ethereum accounts for roughly one-third of the tokenized asset market, while Stellar and Avalanche have emerged as important issuance platforms for institutional funds.
Three tokens positioned in this infrastructure are now at key technical levels:
- Chainlink (LINK) provides oracle infrastructure and cross-chain interoperability services, including Proof of Reserves capabilities connecting off-chain financial data to on-chain assets. The token has bounced from a demand area and is approaching the 200-EMA on the weekly chart near $13.83.
- Stellar (XLM) offers a settlement environment for financial products, including hosting Franklin Templeton's tokenized money market fund. The token has risen from an ascending trendline but faces a weekly death cross between the 50-EMA and 200-EMA.
- Ondo Finance (ONDO) focuses on issuing and distributing yield-bearing traditional assets such as U.S. Treasuries on-chain. The token has maintained an ascending trendline since early February but faces critical technical support levels.
While the tokenized asset market continues to expand, institutional growth in the sector does not automatically translate to sustained token price gains. The technical setups of these three tokens require confirmation through price action to validate whether ecosystem expansion will support long-term demand.
