Real-world asset (RWA) tokenization on the Ethereum network and the XRP Ledger 
has been ramping up over the last few years. This has become more prominent 
with a shift toward bringing more real-world assets (RWA) into the crypto 
industry, to allow access to more ‘stable’ investment options. But despite the 
Ethereum network and the XRP Ledger being the leading names that come to mind 
when people talk about RWA, they are surprisingly not the network with the 
most RWA users. Ethereum And XRP Are Not In The Top Rank Of Users The Ethereum 
network currently remains the leader when it comes to the total value of RWA 
assets held on the chain, sitting at over $15.4 billion at the time of this 
writing. However, it is not the leading network when it comes to the number of 
RWA holders. Data from the RWA.xyz website shows that RWA holders on the 
Ethereum network sit at just over 153,000, putting it in third place. Related 
Reading: XRP Price Could Stage 1,500% Rally To $20 If It Mirrors This 2017 
Move The Solana network has actually recently surpassed Ethereum in terms of 
RWA asset holders after crossing the 157,000 threshold this week. But despite 
this, it is still not the leader coming into second place with this figure. 
Instead, the network with the highest RWA holders is the Plume network, which, 
surprisingly, rarely comes up in RWA conversations. According to the website, 
there are over 263,000 RWA holders on the Plume network. This is a 
considerable gap between the other networks, beating second and third place by 
over 100,000 users each. However, when it comes to total value (excluding 
stablecoins) on the network, Plume falls well behind, landing at 11th place, 
with $340 million. XRP, on the other hand, has a surprisingly low number of 
RWA users, despite the tokenization push by Ripple. The website’s data 
presents an underwhelming 3,795 RWA users on the XRP Ledger, although with a 
considerable RWA Total Value of $1.94 billion. Related Reading: Bitcoin 
Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just 
Appeared Again Other chains with good motion in the RWA space include the 
likes of BNB Chain. BNB Chain currently boasts more than 39,500 RWA users, 
with $2.656 billion in total value. Stellar and Polygon are also moving on the 
list with 9,317 and 15,470 users, respectively. Presently, the RWA sector has 
a total represented value of $336.08 billion, with the majority of it, $301.04 
billion, held in stablecoins. When it comes to assets that are represented on 
the blockchains (33) that serve this sector, it comes out to $26.43 billion in 
distributed asset value, the majority of which is controlled on the Ethereum 
blockchain. Featured image from Dall.E, chart from TradingView.com

Not XRP Or Ethereum: You Won’t Believe The Network With The Highest Number Of RWA Users

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