RWA Distributed Asset Value Hits $38.45B as Top Chains Lead

The RWA distributed asset value has reached $38.45 billion, while rising active addresses point to increasing activity around real-world assets. The latest data also puts Ethereum, BNB Chain and Solana at the front of the RWA market.

Ethereum Still Controls The Largest RWA Share

Ethereum leads with 2,696 RWA count and $16.5 billion in distributed total value. That gives Ethereum a 42.74% market share, putting it well ahead of the other major chains.

BNB Chain follows with 2,561 RWA count and $5.7 billion in distributed total value, representing a 14.73% market share.

Solana ranks third, with 1,682 RWA count and $4.3 billion in distributed total value. Its market share currently stands at 11.25%.

US Treasury Debt Remains The Largest Asset Class

Across asset classes, US Treasury debt holds the top position with $14.7 billion in distributed total value and 99 RWA count.

Commodities come next at $5.0 billion, with 91 RWA count. Active strategies rank third, representing $4.0 billion across 47 RWA count.

Stocks tell a different story. The asset class currently has 5,918 RWA count, far higher than the other listed categories, while its distributed total value still stands lower at around $3.1 billion compared to other classes.

RWA Activity Keeps Expanding Across Major Chains

The combination of $38.45 billion in total distributed asset value and rising active addresses shows that RWA activity is spreading across blockchain networks.

Ethereum remains the largest contributor, while BNB Chain and Solana hold the next two positions. For the RWA distributed asset value, the latest figures show a market led by major chains but expanding across multiple asset classes.