RWA War: The $12 Billion Gorilla ($ETH) Is Getting Massively Outflanked by Retail. ๐คฏ
The Real World Asset sector is splitting into two distinct battlegrounds, and if you're only tracking TVL, you are missing the rotation logic. It is no longer about total value; itโs about the *type* of adoption.
On one side, the retail army is here. Plume dominates with an insane 561K RWA holdersโmore than double $ETHโyet holds only $172M in value. This is mass onboarding: small-ticket RWAs, points, and yield assets. $SOL shows strong traction here too: 219K users and a healthy $776M value balance, thanks to its superior UX and low fees.
On the other side, the institutional heavyweight is $ETH. It holds $12.4 BILLION in RWA value, making it the undisputed capital champion. However, it only has 248K holders. This is pure capital concentrationโwe are talking about funds, tokenized treasuries, and bonds settling on the most secure layer.
Mid-tier chains like Avalanche ($1.22B) and $BNB ($1.8B) are similarly capital-heavy and user-light, suggesting enterprise-driven use cases. RWA adoption is clearly not uniform. We are seeing early adoption layers ($SOL, Plume) versus institutional settlement layers ($ETH). This is the rotation roadmap. ๐
Disclaimer: This is market analysis, not financial advice.
#RWA #CryptoAdoption #Ethereum #Solana #Crypto
๐
