RWAs hit $34B, tokenized stocks up 390% this year — but only 12% actually touches an app onchain.
Most of this "onchain money" just sits there. Not being used. Not flowing through protocols.
If you're playing the RWA narrative, that 12% number is the one to watch. Real adoption shows up in usage, not TVL.
Most of this "onchain money" just sits there. Not being used. Not flowing through protocols.
If you're playing the RWA narrative, that 12% number is the one to watch. Real adoption shows up in usage, not TVL.