[RWA Total Market Value Surpasses $65 Billion, Ethereum Leads with 33% Share] According to The Block, as traditional asset management firms accelerate the process of bringing tokenized assets on-chain, the total market value of real-world assets (RWA) has surpassed $65 billion, marking an approximately 44% increase since the beginning of the year. Ethereum holds about 33% of the market share, maintaining its position as the default platform for institutional tokenization. The Provenance blockchain accounts for roughly 27% of the market share, while BNB Chain, XRP Ledger, and Solana each hold about 6%. The distributed market structure indicates that no clear winner has emerged in the RWA space yet. Different blockchains are differentiating themselves through compliance tools, settlement finality, and cost structures, leaving significant room for shifts in market share. Due to the high stickiness of RWA capital, blockchains that secure early institutional partnerships will gain a lasting advantage.