Tokenized asset market reaches $349.2 billion as Ethereum dominates

The tokenized asset market has reached a valuation of $349.2 billion across 50 tracked blockchains. Ethereum maintains a dominant position with $185.8 billion, representing a 53.2% market share, followed by Tron with $94.2 billion (27%). Together, these two networks control 80.2% of the total market.

Within the specific sector of tokenized credit, the RWA Foundation reports a market capitalization and assets under management of approximately $6.17 billion as of October 1, 2026. While this represents a 2.8% decline from July 2026, the number of unique holder addresses grew by 12.1% to 28,840. Maple Finance saw a significant market cap reduction of $402.7 million, yet it contributed 69% of the sector’s net holder growth.

Broader adoption metrics show the total number of holders for tokenized assets has reached 315.5 million. While decentralized exchange (DEX) trading volume has seen recent declines, DeFi activity remains active, with $28.7 billion locked in DeFi protocols, representing 8.2% of total tokenized assets.