Tokenized real-world assets (RWAs) are gaining popularity, bringing significant changes to the cryptocurrency market. Reports indicate that the total volume of RWAs has surpassed $22 billion, with Ethereum holding the leading position.
Ethereum Leads the RWA Market
Ethereum continues to dominate the RWA landscape, capturing 57.13% of the total market share with $6.55 billion in tokenized assets, reflecting a 30.1% increase in just 30 days.
Top Networks by RWA Value (Past 30 Days)
The leading networks by RWA include:
1. Ethereum — $6.55B (growth +30.10%, market share 57.13%) 2. ZKsync Era — $2.23B (growth +7.85%, market share 19.43%) 3. Stellar — $475.73M (decline -1.45%, market share 4.15%) 4. Algorand — $402.44M (growth +0.36%, market share 3.51%) 5. Aptos — $345.66M (growth +4.62%, market share 3.01%)
ZKsync Era ranks second, while Arbitrum also demonstrated strong growth with +26.14%.
Significance of RWAs for Crypto's Future
The rapid rise of RWAs indicates a growing bridge between traditional finance and decentralized networks. Institutional players increasingly view blockchain as a viable settlement layer for real-world assets such as U.S. Treasuries, private credit, and real estate. Ethereum's momentum particularly reflects confidence in the network's security, scalability, and developer activity.
With over $22 billion in value, RWAs are emerging as one of the strongest bullish narratives in crypto. As Ethereum solidifies its lead and scaling solutions like ZKsync gain traction, the sector may continue to expand rapidly.