Alchemy is an EVM shop — ERC-4337 smart wallets, Solidity tooling, gas sponsorship — and Stellar runs Rust on Soroban with a completely different account model. Franklin Templeton's BENJI parking $651M on XLM pushed Stellar's RWA past $1.8B, which is why Alchemy showed up after QuickNode and Ankr already had Horizon support. Watch whether Soroban RPC gets the same SLA tier as their Ethereum endpoints — RWA issuers measure infra in 9s of uptime, not gas savings.

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