DeFi· ★★★· neutral·

Ethereum's RWA Dominance Falls From 71% to 40% in a Year, GSR Data Shows

  • —Ethereum's RWA dominance fell from 71% a year ago to 40% today
  • —Ethereum still accounts for over 40% of RWA market capitalization
  • —BNB Chain, Solana, Stellar and Avalanche are gaining share on scalability and low fees
  • —Multichain expansion is cited as the main driver of the shift
Why it matters: The migration of RWA activity away from Ethereum reshapes where institutional tokenized liquidity and network fee revenue concentrate.
Source: ZyCrypto