A Comparative Analysis of Contextual Representation Flow in State-Space and Transformer Architectures

State Space Models (SSMs) have recently emerged as efficient alternatives to Transformer-Based Models (TBMs) for long-sequence processing with linear scaling, yet how contextual information flows across layers in these architectures remains understudied. We present the first unified, token- and layer-wise analysis of representation propagation in SSMs and TBMs. Using centered kernel alignment, variance-based metrics, and probing, we characterize how representations evolve within and across layers. We find a key divergence: TBMs rapidly homogenize token representations, with diversity reemerging only in later layers, while SSMs preserve token uniqueness early but converge to homogenization deeper. Theoretical analysis and parameter randomization further reveal that oversmoothing in TBMs stems from architectural design, whereas in SSMs, it arises mainly from training dynamics. These insights clarify the inductive biases of both architectures and inform future model and training designs for long-context reasoning.