Top 10 Chains by RWA Active Market Cap The top ten chains hold $36.8B in actively traded tokenized real-world assets, excluding stablecoins: • Ethereum – $15.9B • BNB Chain – $6.26B • Solana – $4.87B • Stellar – $3.76B • Avalanche – $1.58B • Liquid Network – $1.52B • ZKsync Era – $941M • Arbitrum – $833M • XRP Ledger – $642M • Polygon – $489M Ethereum alone holds 43% of the top ten, 2.5x BNB Chain and more than BNB Chain and Solana combined ($11.1B). The top four account for $30.8B, or 84%, while the other six share just $6.0B. Ethereum's scaling networks stay small: ZKsync Era, Arbitrum and Polygon add up to $2.26B, only 6% of the list. Stellar is the strongest non-EVM chain after Solana, with 2.4x the value of Avalanche.