Ethereum’s RWA Dominance Slips as Solana, BNB Chain, Stellar, and Avalanche Gain Ground: Data

GSR, an institutional platform, released a report today showing Ethereum’s share of the real-world asset (RWA) tokenization market fell from 71% a year earlier to 40%, while Ethereum still leads the sector. The data links the change to multichain expansion, as financial institutions and asset managers increasingly build tokenized asset applications on other major blockchain networks. BNB Chain, Solana, Stellar, and Avalanche are gaining relevance for institutional tokenized utilities, with the report citing low costs, scalability, speed, and Ethereum compatibility.