Stellar is a low cost payment and asset issuance L1, but Soroban and institutional RWA growth still need to convert fee revenue and app demand into stronger XLM value capture.
Investment View
The Stellar economic analysis reviews XLM fees and minimum balances, SCP validator structure, anchor payments, Soroban smart contracts, RWA expansion, fee burning, and institutional adoption risk.
Stellar has matured into a payments, asset issuance, tokenisation, DeFi, and smart contract rail rather than only a low cost transfer chain. Strong uptime, transaction volume, unique addresses, and reported RWA growth support the case, while the maturity test is whether Soroban applications and tokenised assets can deepen economic activity.
Investment View
Assess Stellar through payment rails, tokenisation, Soroban smart contracts, RWA growth, uptime, transactions, and unique addresses.