Ethereum dominates tokenized RWA market with 52% share

Tokenized real-world assets are one of the fastest-growing corners of crypto, and as of early June 2026, Ethereum held approximately $16.6 billion in distributed tokenized RWA value, representing 52.85% of the entire on-chain RWA market, according to data from rwa.xyz. The numbers behind the dominance By early August 2026, the total distributed RWA value across all chains had surged to $38 billion. Ethereum’s slice grew to roughly $17.3 billion, though its percentage share dipped to around 45-46% as competing chains absorbed a portion of the overall market expansion. Year-over-year growth for Ethereum-based RWAs reached 315%. The nearest competitors are not particularly close. BNB Chain reported $3.6 billion in RWA value in the June snapshot. Solana came in at $2.5 billion. Why institutions keep choosing Ethereum BlackRock’s BUIDL fund is the clearest proof point. The world’s largest asset manager chose Ethereum as the primary deployment chain for its tokenized money market fund. Franklin Templeton has similarly deployed tokenized fund products on the network. Liquidity compounds this advantage. The more institutional capital that flows onto Ethereum, the more liquid the secondary ...