The on-chain value of Real World Assets (RWA) is approaching $30 billion, with nearly 400,000 RWA holders, according to RWA xyz data. The Provenance network, developed by Figure, holds a 42.3% market share. Ethereum's RWA value is close to $9 billion, followed by networks like ZKsync Era and Polygon, each exceeding $1 billion.
However, DeFiLlama co-founder 0xngmi has raised concerns about the accuracy of Figure's on-chain RWA data, suggesting potential discrepancies.
RWA On-Chain Value Nears $30 Billion, Provenance Network Leads
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