The total distributed value of real-world asset tokens reached $38.45 billion, with Ethereum holding a 42.74% share of the market, according to Coinpedia. Ethereum’s distributed total value stood at $16.5 billion on a count of 2,696 RWA, keeping it clearly ahead of the other major networks.
BNB Chain ranked second with $5.7 billion across 2,561 RWA, a 14.73% market share. Solana placed third at $4.3 billion and 1,682 RWA, giving it 11.25%. Coinpedia also reported rising active addresses alongside the value totals, a sign that activity around these assets is spreading across networks rather than concentrated in a single chain.
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Key facts
- RWA distributed asset value reached $38.45 billion.
- Ethereum: $16.5 billion across 2,696 RWA and a 42.74% market share.
- BNB Chain: $5.7 billion across 2,561 RWA, a 14.73% share.
- Solana: $4.3 billion across 1,682 RWA, an 11.25% share.
- US Treasury debt leads asset classes at $14.7 billion and 99 RWA; stocks carry 5,918 RWA.
Where the value sits by asset class
US Treasury debt is the largest category by distributed total value, holding $14.7 billion across a count of 99 RWA. Commodities come next at $5.0 billion on 91 RWA, while active strategies account for $4.0 billion across 47 RWA.
Stocks present a different picture. At 5,918 RWA they carry by far the highest count of any class listed, yet their distributed total value sits lower at around $3.1 billion. The gap between count and value suggests the stock category is spread across many smaller tokenized positions rather than a few large ones, though the reported data does not break the class down further.
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Why it matters
The figures show tokenized real-world assets remain a multi-chain market rather than one dominated by a single network. Ethereum’s lead is substantial, but BNB Chain and Solana together account for a quarter of distributed value, which matters for issuers deciding where to list tokenized products and for users comparing where liquidity actually sits.
The asset-class breakdown carries its own signal. Treasury debt, a category tied to regulated, yield-bearing instruments, holds more value in far fewer tokens than stocks do in thousands of tokens. For readers tracking the sector, that split is a useful gauge of which parts of the RWA market are attracting large allocations and which are multiplying in number instead.
What to watch
The next signal is whether active addresses keep climbing alongside distributed value. Continued growth across Ethereum, BNB Chain and Solana at the same time would indicate the expansion is broadening rather than shifting between networks, while a pause in address activity would suggest the value totals are being carried by existing holders.
This article is not financial advice, and crypto markets are volatile and uncertain.
Source: Coinpedia
