Ethereum Alone Holds Nearly Half of All Tokenized Real-World Asset Value Across 35 Blockchains, More Than the Next Nine Chains Combined.
Here's the RWA asset value breakdown by blockchain as of September 24, 2026, per Token Terminal:
$ETH : $22.2B (48.4% market share)
$BNB: $5.5B (11.9%)
$XLM: $3.3B (7.2%)
$ZK : $3.3B (7.1%)
$SOL: $3.0B (6.5%)
$XRP: $2.5B (5.3%)
$AVAX: $1.8B (3.9%)
$ARB: $1.3B (2.8%)
$INJ: $1.1B (2.3%)
Base: $355.5M (0.8%)
The total tokenized RWA market sits at $46B spread across 35 chains, and Ethereum's lead isn't close, it holds more RWA value than the remaining 34 chains combined.
$BNB is a distant second at under a quarter of Ethereum's share.
What's notable further down the list is $XLM and $ZK essentially tied for third, two chains with very different reputations, one built explicitly around payments and the other a general-purpose zkEVM, both carving out similar footholds in tokenized assets.
$BASE rounds out the top 10 at under 1% market share, a surprisingly small slice given how dominant the chain has been in other metrics like stablecoin settlement and smart wallet adoption this year.
Source: Token Terminal
Here's the RWA asset value breakdown by blockchain as of September 24, 2026, per Token Terminal:
$ETH : $22.2B (48.4% market share)
$BNB: $5.5B (11.9%)
$XLM: $3.3B (7.2%)
$ZK : $3.3B (7.1%)
$SOL: $3.0B (6.5%)
$XRP: $2.5B (5.3%)
$AVAX: $1.8B (3.9%)
$ARB: $1.3B (2.8%)
$INJ: $1.1B (2.3%)
Base: $355.5M (0.8%)
The total tokenized RWA market sits at $46B spread across 35 chains, and Ethereum's lead isn't close, it holds more RWA value than the remaining 34 chains combined.
$BNB is a distant second at under a quarter of Ethereum's share.
What's notable further down the list is $XLM and $ZK essentially tied for third, two chains with very different reputations, one built explicitly around payments and the other a general-purpose zkEVM, both carving out similar footholds in tokenized assets.
$BASE rounds out the top 10 at under 1% market share, a surprisingly small slice given how dominant the chain has been in other metrics like stablecoin settlement and smart wallet adoption this year.
Source: Token Terminal
