🔹 Token Terminal data: Ethereum hosts 61.4% of all tokenized assets globally = $206.2B total value settled on-chain.
🔹 Growth trajectory: Year-over-year tokenized asset value on Ethereum up 40%+ (March 2025 → March 2026). Compounding adoption rate accelerating.
🔹 Asset composition: Stablecoins ($120B+), DeFi tokens ($40B+), institutional deposits ($30B+), RWAs/derivatives ($15B+).
🔹 Competitive moat: Solana/Polygon/Arbitrum chasing, but Ethereum's 40% YoY growth outpaces any competitor. Network effects = winner-takes-most dynamics activated.
🔹 Institutional inflection: When $206B in tokenized assets on one blockchain = serious infrastructure, not speculation. Regulatory approval + institutional mandate following shortly.