Ethereum Commands $21.8 Billion of Expanding $46.3 Billion Tokenized RWA Market

Ethereum holds $21.8 billion of the total $46.3 billion tokenized real-world asset market, maintaining a substantial lead over competing blockchains. BNB Chain follows with $6.1 billion, while Solana and Stellar each account for roughly $3.6 billion. The broader tokenized RWA sector has surged 920% over three years, expanding from $38.8 billion in mid-September to $46.3 billion, propelled largely by tokenized U.S. government bonds on Ethereum. Earlier data also confirmed Ethereum held 47.1% of a $34.2 billion tokenized fund segment across 33 monitored networks, where BNB Chain and Stellar held 13% and 10.5% shares, respectively.