RWA market surges to $44.7B, with Ethereum leading in market share

The tokenized real-world asset market has surged to $44.7 billion over the past three years, emerging as a solid on-chain asset class, according to a Token Terminal analysis. Data showed the RWA market expanded about 2,228% over the period, with $23.3 billion issued on Ethereum, giving the network the largest market share. BNB Chain, zkSync, and Solana followed.