How Ethereum is winning Rwa’s Tokenization War

“Ethereum is winning the war for real world assets, and nothing is close,” said Ryan Sean Bankless Adams on Monday.

Currently, the network has a market share of 57% of the RWA value in the chain, including the stablecoins, and that number is even higher when including Ethereum Layer-2 networks.

Adams said the RWA are a network effect game, liquidity engenders liquidity and institutions go where there is liquidity.

Impressive statistics

The numbers speak for themselves, with Ethereum taking a dominant market advantage over the rival chains for the RWA value in the chain, which is currently in a historical maximum of $ 28.5 billion (excluding Stablecoins).

The Stablecoin supply in Ethereum is also in a record of more than $ 160 billion, with about $ 5 billion last week, according to Token Terminal.

ADAMS said that when including layer 2 and EVM networks, Ethereum shares 95%. The newest stable networks, such as the tempo of stripes, the circle arc and the plasma strap, are all the virtual machines of Ethereum.

Ethereum is winning the war for real world assets and nothing is close.

I just looked at the numbers and my God.

Two things to establish.

First, the RWA are a network effect game. Liquidity engenders liquidity. The institutions go where there is liquidity. Power laws win.

Second,… pic.twitter.com/fozwizfrzg

– Ryan Sξan Adams – Rsa.eth (@Ryansadams) September 8, 2025

“Stablecoins are the king of Rwas, the OGS: 90% of all the RWA are Stablecoins. No RWA kind is so mature. All other assets will go where the stables go.

The figures of other tokenized assets in Ethereum are also impressive. It has $ 5.2 billion in Tokenized Treasury, which is a 70% share, which increases to 86% when EVM is included. “All the issuing emitters: Blackrock, Wisdomtree, Franklin, Ondo have treasure bonds on Ethereum,” Adams said.

There is also a tokenized gold record worth $ 2.4 billion in Ethereum, and the supply has doubled since the beginning of this year, according to Token Terminal. Ethereum orders the tokenized basic products sector with a market domain of 77%, which increases to 97% when the layer of layer 2 is included, according to Rwa.xyz.

Tokenized shares remain nascent, with only $ 420 million in value in the chain, but heavyweights such as Robinhood, Etoro and even Coinbase are about to enter, and “all of these are preparing to enumerate tokenized values ​​in Ethereum L2s.”

The Blackrock’s Institutional Digital Fund (Buidl) and the recently released Fidelity Digital Interest Token (FDIT) Treasury Fund are in Ethereum.

Ondo Finance launches more than 100 American tokenized actions
Stripe and Paradigm New L1 launch: Tempo
Fidelity launches a tokenized treasure fund of $ 200 million
Fireblocks presents Network Stablecoin Enterprise
The Senate circulates a new draft of the EE. UU cryptographic market structure bill.

– RWA.XYZ (@RWA_XYZ) September 8, 2025

Ethereum, the main book in the world

It is difficult to see how the underlying asset, ETH, may not benefit from this overwhelming rwa domain even though its price gets stuck during the past week.

Adams said it is an inevitable conclusion:

“If Ethereum becomes the world’s biggest book, you think it is crazy to believe that the asset eth, with a lower issue that Bitcoin or Gold and better censorship resistance, do you think it is unreasonable to believe that ETH will be up to date and even exceed these other value assets?”

This does not even take into account 4% of the total supply that the Treasury Bonds of Digital Assets, which can see this potential, have collected in the last five months, while retail merchants with paper hands are selling.