Tokenized asset activity is diversifying beyond Ethereum as networks like Solana, Stellar, Base, Avalanche and Aptos attract growing real‑world asset flows, with Solana's RWA TVL surging 58% quarter‑on‑quarter to $2.5 billion and private credit inflows topping $14 billion on-chain.
For a long time, Ethereum was the default home for tokenized assets . But today, networks like Stellar , Solana , Base, Avalanche and Aptos are starting to build muscle.
The RWA race is no longer moving in Ethereum’s favor alone. The platform still holds the biggest tokenized asset base – at around $14.65 billion – but the trend is now harder to ignore. Here, what’s interesting is that RWA flows tend to be sticky. Once institutions build compliance and settlement systems on a chain, they are unlikely to change the way they do things.
, Solana’s real-world asset value grew 58% quarter-on-quarter and crossed $2.5 billion. That is a big move from a year ago, when RWA activity was still small and mostly concentrated. Solana’s RWA base includes tokenized funds, public equities, private credit and other real-world products. RWAs also account for 17% of Solana’s total TVL.
Token prices still get most of the attention, but the big players are looking at something different. They’re choosing chains that can support compliance and settlement at large scale. Once that’s set up, it is not easy to move elsewhere. That’s exactly why RWA inflows matter, because they show where long-term activity may settle on-chain.that tokenized assets had grown by 15% in just 30 days!
Private credit alone crossed $14 billion on-chain, adding to the ongoing chain-level race. EthereumAMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.
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