Tokenized real-world property (RWA) have been resilient towards widespread market downturns. The overall worth of on-chain decentralized RWA has almost quadrupled up to now yr.
Regardless of rising competitors from Solana (SOL), Ethereum (ETH) continues to dominate the sector, accounting for greater than half of the market share.
RWA progress accelerates regardless of market downturn
In line with information from RWA.xyz, the worth of decentralized RWA reached an all-time excessive of $26.7 billion in March. As of this writing, that quantity is down barely to $26.6 billion, a rise of 309% from $6.5 billion a yr in the past.
Distributed RWA worth. Supply: RWA.xyz
This speedy enlargement is especially noteworthy given the broader market atmosphere. The cryptocurrency market has lately been characterised by excessive concern.
Nonetheless, the continued rise in tokenized RWA means that traders are more and more taking note of these property.
The variety of holders additionally elevated quickly in early 2026 for Ethereum, Solana, Arbitrum, BNB Chain, and many others. In reality, a earlier report by BeInCrypto highlighted that Solana has surpassed Ethereum for the primary time when it comes to RWA holders.
In line with the newest information, Solana hosts roughly 157,682 RWA holders, barely greater than Ethereum. Regardless of this shift in person exercise, Ethereum continues to dominate the broader RWA ecosystem.
The community at the moment accounts for over 57% of the decentralized RWA market share and helps roughly 675 tokenization tasks, strengthening its place because the main infrastructure for institutional-level tokenization.
Institutional curiosity in Ethereum has been strengthened by high-profile initiatives. For instance, JPMorgan launched its first tokenized cash market fund on Ethereum in December.
USDC utilization on #Ethereum has reached an all-time excessive! 📈
Month-to-month switch quantity exceeded $1.7 trillion in February 2026.
That is +250% progress yr over yr. 👏
Over the following few years, an increasing number of AI brokers will transfer on-chain and wait to see what occurs.
The numbers we're seeing are appropriate… pic.twitter.com/K30KLp1vAO
— Leon Waidmann (@LeonWaidmann) March 10, 2026
Why Wall Road Nonetheless Chooses Ethereum for Tokenization
However why do establishments favor Ethereum? Insights from BeInCrypto’s knowledgeable council, which incorporates representatives from Commonplace Chartered and Bitwise, counsel this isn’t an ideological difficulty, however certainly one of institutional danger administration, consolation, and defensibility.
Jeff Kendrick, International Head of Digital Asset Analysis at Commonplace Chartered, argued that a lot of the TradFi blockchain exercise is prone to happen on Ethereum within the coming years.
“With TradFi’s involvement, I feel Ethereum will most likely win for a while to come back. I feel just about every thing can be carried out on Ethereum for the following few years as banks and others construct issues within the blockchain house,” mentioned Jeff Kendrick of Commonplace Chartered.
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He mentioned the adoption of different networks might solely come later, particularly for chains like Solana that provide low prices and quick transactions.
“So there's a quite simple maxim in TradFi, which is for those who do one thing good, it received't work, however for those who do one thing not very good, you'll most likely lose your job, however you'll maintain your job,” Jeff Kendrick advised BeInCrypto. “However finally, I feel over the following few years, Ethereum will win the stream from Tradfi and outperform in token worth.”
Whereas Ethereum's dominance over public chains has been established, this raises broader questions on whether or not personal and permissioned blockchains might ultimately problem Ethereum's preliminary dominance.
Personal or permissioned blockchains are engaging to establishments as a result of they provide larger management, privateness, regulatory compliance, quicker transactions, and extra predictable prices.
Nonetheless, they commerce off the decentralization and openness that outline permissionless public blockchains. In line with Bitwise CIO Matt Hougan, establishments might contemplate these extra managed blockchain environments.
He famous that many firms are “taking it critically.” Hogan instructed that it stays doable that a few of these permitted networks will ultimately achieve vital traction as institutional adoption progresses.
Going ahead, the check can be whether or not Ethereum can keep its 57% share as competitors intensifies. For now, Wall Road's choice stays clear.
The article “Ethereum remains to be successful the tokenization race” appeared first on BeInCrypto.
