Ethereum's dominance in RWAs is ridiculous, the competition isn't even visible

As you can see in the chart above, Ethereum keeps being the undisputed king of Real World Asset Tokeniazion (RWAs) and the second one is not even close.

We keep hearing the same thing everywhere, "Tokenization will be multi chain! Assets spread across every network!" But reality is different. When you zoom in on the real numbers, the picture looks a lot less multi chain revolution and a way more "Ethereum doing all the heavy lifting".

As the tweet states and the data above:

• $18.7B in distributed RWAs on chain and the majority of that sits comfortably on Ethereum.
• 32 networks being tracked but Ethereum still dominates with an impressive difference on market share.
• 555k+ RWA holders, growing ~6% in the last 30 days alone showing that adoption is accelerating.

This is basically institutional money and regulated products choosing the best project that brings them the best security, maturity, liquidity and developer trust. Ethereum has a decade of battle testing, it is where the liquidity lives and it is where other big names like BlackRock, Franklin Templeton and all the TradFi giants are deploying first. Ethereum is the right choice.

Other chains are also promising and will keep getting traction but Ethereum will be a leader and I love to see that L2s are also in a good position making this argument more strong.

Ethereum is the future.

Source:

• Tweet: https://x.com/LeonWaidmann/status/1996183904114372943