🌟💫✨️ Ethereum Is Still Winning the Tokenization Race

Tokenized real-world asset value surged 309% year-over-year and reached $26.7 billion all-time high in early March.
Ethereum controls over 57% of the RWA market despite Solana leading in holder count.
Ethereum continues to emerge as the default public blockchain for institutional tokenization activity.

Tokenized real-world assets (RWA) have bucked the broader market downturn. The total on-chain distributed RWA value has nearly quadrupled over the past year.

Despite growing competition from Solana (SOL), Ethereum (ETH) continues to dominate the sector, accounting for more than half the market share.

According to data , the value of distributed RWAs reached an all-time high of $26.7 billion in March. At the time of writing, the figure stood slightly lower at $26.6 billion, up 309% from $6.5 billion a year ago.

This sharp expansion is particularly notable given the broader market environment. The cryptocurrency market has recently been characterized by extreme fear.

Yet, the continued rise in tokenized RWAs suggests that investors are increasingly turning to these assets.

Holder counts have also climbed sharply in early 2026 across Ethereum, Solana, Arbitrum, BNB Chain, and more.

According to the latest data, Solana hosts around 157,682 RWA holders, slightly ahead of Ethereum. Despite this shift in user activity, Ethereum continues to dominate the broader RWA ecosystem.

The network currently accounts for more than 57% of the distributed RWA market share and supports around 675 tokenization projects, reinforcing its position as the leading infrastructure for institutional-grade tokenization.
$ETH ‌