Avalanche Dominates Tokenized Stock Market Growth as Distributed Value Surges
The tokenized stock market has seen significant growth over the past 30 days, with Avalanche leading the pack. According to RWA.xyz's dashboard, the distributed value of RWA tokens using the blockchain has increased by 15.54% to reach $3.14 billion. This represents a notable rise in the value represented through these assets.
Avalanche added $266 million to its tokenized stock market cap, more than twice BNB Chain's growth during the same period. The number of addresses holding tokenized stocks has climbed 64.30% over the past 30 days, reaching 4.04 million addresses. This indicates a much larger base of wallets holding tracked tokenized stocks.
The sharp rise in transferring addresses stands out as the fastest-moving metric, with a 115.70% increase to reach 3.24 million addresses. The growth across market value, holders, and transfer activity suggests a broader expansion of the tokenized stock market.