Ethereum Continues to Dominate Tokenized Treasuries Market

The market for tokenized U.S. Treasuries is rapidly expanding across blockchains, with $15.2 billion in total value by the end of 2026.

Ethereum (ETH) dominates this sector, holding 43% of the market with $6.6 billion in capital.

This concentration on Ethereum is due in part to its extensive liquidity depth, which allows for seamless settlement across multiple financial products within one ecosystem.

Rivals such as BNB Chain and Solana are gaining traction, but their combined share of the market remains significantly lower than that of Ethereum.