Key Highlights
- Ethereum holds $15.1 billion in RWA issuer TVL, representing 56.6% of the $26.6 billion market across 20 chains.
- zkSync Era ranks second with $4.2 billion, followed by Avalanche at $1.9 billion and Solana at $1.8 billion.
- Total RWA issuer TVL has increased 174.6% as tokenized real-world assets have expanded since 2024.
Ethereum accounted for 56.6% of total value locked (TVL) held by real-world asset issuers, with the combined TVL across 20 chains reaching $26.6 billion, according to Token Terminal data.
Ethereum held $15.1 billion of the total. zkSync Era followed with $4.2 billion, or 15.7%, while Avalanche recorded $1.9 billion (7.0%) and Solana $1.8 billion (6.6%). Stellar held $1.1 billion, representing 4.0% of the total. Arbitrum One accounted for 3.0%, BNB Chain 2.4%, Sei EVM 1.0%, Offchain 1.0%, and XRP Ledger 0.8%, with the remaining share distributed among other networks.
The overall TVL figure of $26.6 billion reflected a 174.6% increase. Charts tracking the metric from early 2022 showed a period of relative stability followed by a sustained rise beginning in 2024 and continuing through 2026. Ethereum remained the largest contributor throughout the period, with contributions from zkSync Era, Avalanche, Solana, and other networks becoming more visible in later stages.
Active addresses show a different distribution
The distribution of monthly active addresses differs significantly from the TVL breakdown.
Monthly active addresses linked to real-world asset issuers totaled 5.5 million, up 350.2%. Robinhood Chain accounted for 4.9 million addresses, or 88.9% of the total.
BNB Chain recorded 341.5K addresses (6.2%), Ethereum 121.7 thousand (2.2%), Tron 84.0 thousand (1.5%), Base 25.3 thousand, and smaller amounts on Polygon, Arbitrum One, OP Mainnet, Avalanche, and Stellar.
Within the broader market sectors view for tokenized assets, market capitalization stood at $4.5 billion. The figure showed a 3.9% decline over 30 days, a 20.4% decline over 90 days, and a 71.4% increase over 180 days. The sector listed 115 projects, $26.2 billion in capital deployed, activity across 46 chains, and 5.5 million active addresses.
Ethereum shows slight recovery
At the time of this writing (on Aug 12 at 17:20 UTC), Ethereum traded at $1,885.38, up 1.26% over 24 hours, showing a slight recovery with a market capitalization of $227.53 billion, according to the data from CoinMarketCap.
The 24-hour range ran from a low of $1,859.45 to a high of $1,921.78. Over the prior week, the price was down 0.3%. The all-time high of $4,953.73 was recorded on August 25, 2025, placing the current price 61.91% below that level. The all-time low stood at $0.4209 on October 12, 2015.
Public token sales in 2026
Crypto projects raised a total of $1.42 billion through public token sales since the start of 2026. Apart from Ethereum leading in the RWA market, data from CryptoRank on August 11 showed the Ethereum ecosystem accounted for the largest share at $334 million.
BNB Chain followed with $288 million, Base with $269 million, Solana with $241 million, and Sonic with $206 million. These five ecosystems together raised approximately $1.34 billion, or 94% of all public funding recorded year-to-date. Hyperliquid ranked sixth at $55 million.
The concentration of both RWA TVL and public fundraising activity on a limited number of chains formed the principal pattern in the available data.
Also Read: Bitwise Cuts 14% of Staff After Crypto Market Slumps in 2026
