The total value locked (TVL) in Aptos Network’s Real-World Asset (RWA) ecosystem has soared 56.28% to $538 million in just 30 days as Wu blockchain reports. This surge places Aptos third in the global RWA rankings, trailing only Ethereum and ZKsync Era.
Aptos’ notable traction in this sector comes with momentum in tokenized assets like private credit, U.S. Treasuries, and alternative institutional funds. Specifically, $420 million is tied to private credit, $86.93 million to Treasuries, and $30.72 million to institutional funds.
Data from RWA.xyz shows that Aptos stands at the third place in the RWA TVL ranking, following Ethereum’s nearly $7.7 billion and ZKsync Era’s $2.27 billion. Aptos is also the largest value accruing blockchain network in the past 30 days among top 10.
RWAs within Aptos track 13 distinct assets and 2,433 holders. However, despite the RWA momentum, its stablecoin segment is shrinking. The stablecoin market cap fell 5.17% to $1.24 billion, while holder count dropped 14.68% to 1.62 million.
Shelby Cloud Platform Boosts Web3 Utility
Besides its RWA progress, Aptos Labs and Jump Crypto recently unveiled Shelby, a decentralized cloud storage solution. Powered by Aptos’ scalable architecture, Shelby supports Ethereum, Solana, and other top blockchains.
Moreover, Shelby offers cloud-like speed and is tailored for heavy-demand apps like AI, DePIN, and streaming services. Pranav Raval, Aptos’ lead engineer, said Shelby lets developers keep full control of data and costs. The cloud solution competes directly with AWS, Azure, and Google Cloud.
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