Ethereum held $15.1 billion of real-world asset issuer TVL, equal to 56.6% of the $26.6 billion total across 20 chains, underscoring its lead in tokenized real-world assets (blockchain-based versions of traditional assets). Token Terminal data showed zkSync Era in second place with $4.2 billion, followed by Avalanche at $1.9 billion, Solana at $1.8 billion, and Stellar at $1.1 billion, while smaller shares were spread across Arbitrum One, BNB Chain, Sei EVM, Offchain, XRP Ledger, and other networks. Total RWA issuer TVL was up 174.6%, with chart data indicating a relatively stable period from early 2022 before a sustained expansion began in 2024 and continued through 2026. Network usage looked very different by monthly active addresses: the total reached 5.5 million, up 350.2%, led by Robinhood Chain with 4.9 million addresses, or 88.9% of the total, while BNB Chain, Ethereum, Tron, Base, Polygon, Arbitrum One, OP Mainnet, Avalanche, and Stellar accounted for smaller shares. In the broader tokenized asset sector view, market capitalization stood at $4.5 billion, down 3.9% over 30 days and 20.4% over 90 days, but up 71.4% over 180 days, with 115 projects, $26.2 billion in capital deployed, activity across 46 chains, and 5.5 million active addresses. Ethereum was trading at $1,885.38 at 17:20 UTC on Aug. 12, up 1.26% over 24 hours, according to CoinMarketCap, with a $227.53 billion market capitalization and a 24-hour range of $1,859.45 to $1,921.78. Public token sales since the start of 2026 totaled $1.42 billion, and CryptoRank data on Aug. 11 showed the Ethereum ecosystem raised the most at $334 million, ahead of BNB Chain, Base, Solana, Sonic, and Hyperliquid. The data pointed to a familiar pattern: both RWA TVL and public fundraising remained concentrated on a relatively small set of chains.