Real world asset tokens continue to experience a decline throughout February 2026, with some major RWA tokens worth noting now more than 80% below their recent highs. The sell-off is widespread and relentless.

Entering March, reversal signals are starting to appear on various charts, supported by declining exchange inflows and stable ETF demand. Here are 3 tokenization asset projects where the situation is starting to change.

Stellar (XLM)

The real-world asset footprint of Stellar continues to grow even though its token is still struggling. Data from RWA.xyz shows the value of assets distributed across this network has risen to US$1.27 billion, up 25% in the last 30 days. From an institutional perspective, CME Group has launched Stellar Futures on February 9, 2026. Both standard and micro contracts are now active, providing institutions with regulated access to XLM for the first time.

However, the price of XLM is still under pressure. Stellar has fallen about 40% in the last three months and is currently trading around US$0.154. But, the chart is starting to show a different story.

Between December 18 and February 24, XLM made a lower low while the Relative Strength Index (RSI) — a momentum indicator — formed a higher low, which is a standard bullish divergence. This is a classic reversal signal, and the situation has occurred before. A similar pattern emerged around February 11, after which Stellar rallied about 23% before experiencing a correction.

Want to gain insights on tokens like this? Register for the Daily Crypto Newsletter from Editor Harsh Notariya here.

If the current divergence continues into March, the first resistance is at US$0.164, a level that has repeatedly been an area of support and resistance. If breached, the price could potentially move towards US$0.185 (where the last rally stopped) and then US$0.210, aligning with the 0.618 Fibonacci retracement and representing the first significant change in several months. If the price exceeds that, US$0.230 becomes the next target.

From a risk perspective, if it fails to return above US$0.164, Stellar will continue to move sideways. If the price breaks below US$0.136, the reversal scenario becomes invalid.

With the rapid adoption of RWA and institutional infrastructure now in place, Stellar (XLM) is becoming one of the real-world asset tokens to watch in March. Its fundamentals are starting to strengthen. The divergence signals that the price could soon follow the strengthening.

Chainlink (LINK)

Chainlink continues to lead as the oracle infrastructure for the tokenized asset economy, and the performance of spot ETFs further strengthens its position. While Bitcoin ETFs have seen net outflows for almost six consecutive weeks, Chainlink has not experienced a red week since its ETF launched.

Consistency like this in a risk-off environment is very rare in the RWA sector and indicates stable institutional demand, even though crypto sentiment in general has weakened.

On the chart, LINK forms an inverse head and shoulders pattern on the 12-hour timeframe, and this structure has a breakout potential of about 35% if the neckline is successfully breached.

However, the neckline is sloping down, requiring a clean breakout for 12 hours above US$9.00 to push the rally further. Chainlink has tested this level between February 19 and 21 while rebounding from the right shoulder, but failed at US$9.00 and experienced a correction. This rejection makes the neckline even more important. If there is a confirmed daily close above it, this will be a strong signal, both technically and in market sentiment.

If LINK breaks through US$9.00, the breakout path to US$11.30 will open up, in line with the measured movement of the pattern. However, important resistance may stop the rally at US$10.00.

From a risk perspective, if the price drops below US$8.00, then the structure will weaken. If it strongly breaks below US$7.20, the inverse head and shoulders pattern becomes invalid and the market tendency will turn bearish.

With increasing on-chain adoption in security tokens and cross-chain interoperability, as well as a growing influx of ETFs, Chainlink remains one of the RWA tokens to watch as March approaches. The failure to test the neckline makes the next attempt crucial. If US$9.00 is successfully breached, this setup could deliver one of the cleanest movements in the real-world asset sector this quarter.

Ondo Finance (ONDO)

Ondo Finance remains one of the largest tokenization asset platforms in the real-world asset sector, with a total value locked of over US$2.5 billion. However, despite the high growth of the platform, the ONDO token has not risen. Since reaching its all-time high of US$2.14 in December 2024, ONDO has fallen more than 80% and is now trading at US$0.25. This discrepancy makes it one of the most discounted real-world asset tokens compared to the expansion of its underlying platform.

Now the potential for change is starting to emerge from a technical standpoint. Between January 25 and February 24, ONDO recorded a lower low, but the Relative Strength Index (RSI) showed a higher low. This pattern forms a standard bullish divergence, which is a classic early reversal signal, similar to XLM discussed earlier.

On-chain data also supports this signal. Inflows to exchanges decreased drastically after February 24, from 42.91 million ONDO to just 4.54 million. This decrease of about 89% indicates the number of tokens entering exchanges, likely for sale, plummeted sharply.

When inflows to exchanges plummeted alongside the emergence of divergence signals, this condition indicated selling pressure that caused the price drop to start decreasing.

Going forward, the first key level is at US$0.26. If the price can hold and breakout above this level, then short-term strength will be confirmed and open opportunities towards US$0.30, which has been a strong resistance in recent weeks.

If ONDO manages to reclaim the US$0.30 level, then the reversal structure will become stronger and the price could move to US$0.36. If the price rises to US$0.30, the potential increase is about 19% from the current price.

On the downside, support is at US$0.23. If this level is lost, the risk of further decline towards US$0.20 will increase. The US$0.20 level remains the most important structural support. If the price breaks down below US$0.20, the initial reversal theory will weaken and affirm that the long-term downtrend is still ongoing.