The real-world asset market has been recovering after a slow November, with fresh interest emerging from stablecoin experiments and strong technical setups. Activity remains uneven across the sector, but a few charts are setting up more cleanly than the others.
Among the key RWA tokens to watch, three stand out as December approaches. Each shows a different mix of strength, recovery potential, and risk.
Stellar (XLM)
Among key RWA tokens to watch in December, Stellar (XLM) stands out as a payments-first chain that big financial players actually use.
November was still rough, with XLM down about 18.9%, but the last seven days brought a 4.9% bounce as US Bank's stablecoin tests and growing AUDD activity pushed fresh attention toward the network.
On the chart, Stellar is quietly building a reversal setup. Between November 4 and November 21, the price reached a lower low; however, the Relative Strength Index (RSI) formed a higher low.
RSI measures momentum on a 0-100 scale, so this "price down, RSI up" pattern, standard bullish divergence, often hints that selling pressure is fading under the surface.
The rebound began immediately after that signal, yet XLM remains trapped in a tight range between $0.253 and $0.264. A clean daily close above $0.264 is the first sign that bulls are back in control.
If that happens, the next upside areas to watch are $0.275 and then $0.324 if the broader market improves.
If the XLM price falls below $0.239 instead, the bullish setup weakens, and the move could stretch toward $0.217, delaying any RWA-driven recovery story.
Quant (QNT)
Quant is the clear outlier among RWA tokens to watch right now. While most real-world-asset plays struggled through November, QNT moved in the opposite direction. It is up about 32% this month and roughly 37% in the past seven days. In the last 24 hours alone, the token added another 12%, making it one of the strongest charts in this segment.
Quant sits at the center of the "interoperability for finance" narrative. Its Overledger tech connects private and public blockchains, which is why it often reacts earlier than other RWA coins when institutional demand strengthens.
On the chart, momentum is still building. QNT is close to forming a bullish EMA (Exponential Moving Average) crossover on the daily chart, where the 20-day EMA is about to move above the 50-day EMA.
This setup often signals that buyers are gaining control. If the crossover completes, Quant (QNT) could have room for another strong push.