Avalanche took to X on Thursday to focus on a milestone: “Avalanche is the quantity 2 chain by distributed RWA Worth.” The declare is backed by a snapshot from RWA.xyz that paints a transparent image of how real-world property are spreading throughout totally different blockchains, and the way aggressive the sphere has change into.
In line with the desk, Ethereum stays head and shoulders above the remainder, with roughly $11.59 billion in distributed RWA worth and practically 98% of its tracked RWA counted as distributed. Behind it, Avalanche registers about $954 million in distributed RWA, placing it a hair forward of BNB Chain, which sits at roughly $953 million.
Blockchain RWA Panorama
The margins between Avalanche and BNB are razor skinny, however Avalanche’s distributed share, 77.1%, is what the protocol used to stake its declare on the rostrum. The RWA.xyz information additionally reveals an fascinating wrinkle: Polygon’s whole RWA worth excluding stablecoins is increased than Avalanche’s at about $1.65 billion, however simply over half of Polygon’s RWA is classed as distributed.
That distinction explains how Avalanche can rank second by distributed worth though its uncooked whole (excluding stablecoins), about $1.24 billion, is smaller than Polygon’s. Solana and Arbitrum spherical out the highest six, every displaying a whole lot of tens of millions in distributed RWA and, within the case of Solana and Arbitrum, a full 100% distribution for the gadgets counted.
For Avalanche, the tweet is a succinct solution to highlight rising traction in a market that’s nonetheless selecting requirements for tokenizing mortgages, invoices, company debt and different real-world monetary devices. The distinction between “whole RWA worth” and “distributed RWA worth” issues: initiatives and platforms can checklist massive swimming pools of property on a sequence, however distributed worth displays the portion that’s really been put to work or tokenized in a manner that’s operational on the community.
Taken collectively, the figures function a reminder that whereas Ethereum stays the dominant hub for tokenized property, different chains are making critical inroads. Avalanche’s second-place positioning, even when by a slender margin, alerts rising competitors and continued curiosity from establishments and builders trying to bridge conventional property into decentralized rails.
