Stellar currently sits at the top of the tokenized fund ranking by chain.
Token Terminal figures show the network added $757.5 million in onchain assets under management (AUM) during the past 90 days. Solana follows closely with a $670 million rise, while Arbitrum One records a more modest $193.2 million gain.
The gap shows how certain networks continue to capture the bulk of new regulated fund activity.
Spiko’s heavy concentration of assets on Stellar has played a major role in pushing the ledger ahead of faster-growing smart-contract platforms.
What Does the Latest Chain Ranking for Tokenized Funds Reveal?
The data places Stellar clearly in first position for pure growth over the quarter.
In particular, the network absorbed a large share of Spiko’s recent inflows, including substantial portions of the SAFO fund.
Meanwhile, Solana posted strong numbers of its own, yet still finished second.
Beyond the top two, the rest of the field trails at a noticeable distance, with Aptos, Base and others adding far smaller amounts.
How Does Stellar Compare with Solana and Arbitrum in This Period?
Stellar’s $757.5 million increase edges past Solana’s $670 million even though Solana often dominates other DeFi categories.
At the same time, Arbitrum One’s $193.2 million gain reflects steady but slower adoption among tokenized cash products.
In contrast, Stellar benefits from a simpler user experience that many treasury managers prefer for everyday cash holdings.
On top of that, the network’s low fees and reliable settlement support frequent minting and redemption activity.
Why Is Stellar Attracting So Much Tokenized Fund Capital?
Corporate and institutional users look for predictable performance and straightforward custody options.
Stellar delivers both while remaining fully public.
Notably, more than two-thirds of Spiko’s flagship SAFO assets already live on the ledger, and nine in ten of its investors hold shares there.
Furthermore, the network’s focus on real-world asset (RWA) settlement has drawn additional issuers seeking regulated rails without the complexity of more general-purpose chains.
What Makes Stellar’s Position Sustainable Going Forward?
The combination of existing scale and continued issuer preference gives Stellar a durable edge in the tokenized fund segment.
Beyond pure numbers, the network already hosts a critical mass of European cash products that generate steady daily flows.
Overall, the 90-day figures confirm that practical utility for regulated funds continues to favour Stellar even as competition intensifies across other blockchains.
