Avalanche Jumps to #5 in Real-World Asset Tokenization Rankings
Avalanche has established itself as one of the top blockchain networks for real-world asset tokenization, according to a recent ranking.
The network has secured $1.8 billion in Real World Asset (RWA) TVL and boasts 807 tokenized assets on its chain, placing it at #5 globally among all blockchain networks for RWA tokenization.
CryptoBullet1 flagged Avalanche's strength in RWA tokenization on September 30, stating 'AVAX is big in RWA, One of the reasons why I remain bullish on AVAX.'
Avalanche surpasses Liquid Network ($1.6B) but trails behind Stellar ($3.4B), and Ethereum dominates with $21,881.1 billion in RWA TVL.