Avalanche highlighted the milestone to X on Thursday: “Avalanche is the #2 chain in decentralized RWA Worth.” This declare is supported by RWA.xyz’s snapshot, which clearly depicts how real-world property are unfold throughout totally different blockchains and the way competitors on this area is growing.
In response to the desk, Ethereum nonetheless outperforms the remaining, with decentralized RWA worth of round $11.59 billion, with nearly 98% of tracked RWA counted as decentralized. Behind that, Avalanche has registered round $954 million in decentralized RWA, barely forward of the BNB chain at round $953 million.
Blockchain RWA Panorama
Though the hole between Avalanche and BNB may be very skinny, Avalanche’s 77.1% variance share is what the protocol used to stake its declare to the rostrum. The RWA.xyz knowledge additionally reveals an fascinating wrinkle. Polygon’s complete RWA excluding stablecoins is roughly $1.65 billion, larger than Avalanche, however simply over half of Polygon’s RWA is classed as decentralized.
This distinction explains why Avalanche ranks second in circulation, though its uncooked complete worth (excluding stablecoins) of roughly $1.24 billion is smaller than Polygon. Solana and Arbitrum spherical out the highest six, every exhibiting a whole lot of tens of millions of distributed RWA, and within the case of Solana and Arbitrum, an ideal 100% distribution of counted gadgets.
For Avalanche, the tweet is a concise method to spotlight its rising traction in a market the place requirements for tokenizing mortgages, payments, company bonds and different real-world monetary merchandise have but to solidify. The distinction between “complete RWA worth” and “distributed RWA worth” is vital. Whereas tasks and platforms can record massive swimming pools of property on-chain, the decentralized worth displays the portion that’s truly put into motion, or tokenized in the way in which it operates on the community.
Taken collectively, these numbers are a reminder that whereas Ethereum stays a significant hub for tokenized property, different chains are making critical inroads. Avalanche’s second-place rating, nevertheless shut, alerts elevated competitors and continued curiosity from establishments and builders seeking to bridge conventional property to distributed rail.
