Table of Contents
TL;DR
- Distributed Asset Value: $29.48B, +$0.27B (+0.92%) WoW — value is up again.
- Total Asset Holders: 730,134, +8,499 (+1.18%) WoW — holder growth continues.
- Platforms: 170 total (Distributed 155 / Represented 17), +2 (+1.19%) WoW — the platform list keeps growing.
- Stablecoins: $302.44B (+0.44% WoW) and 245.24M holders (+0.97% WoW) — both value and users rose.
- Stablecoin holders are about ~336× larger than RWA holders; stablecoin value is about ~10.3× larger than distributed RWA value.
Market snapshot (as of Apr 20, 2026)
| Metric | Value | 7-day change (vs Apr 13) |
|---|---|---|
| Distributed Asset Value | $29.48B | +$0.27B (+0.92%) |
| Total Asset Holders | 730,134 | +8,499 (+1.18%) |
| Platforms (All) | 170 | +2 (+1.19%) |
| Platforms (Distributed) | 155 | +3 (+1.97%) |
| Platforms (Represented) | 17 | +1 (+6.25%) |
| Stablecoin Value | $302.44B | +$1.33B (+0.44%) |
| Stablecoin Holders | 245.24M | +2.35M (+0.97%) |
RWAs and stablecoins both moved up this week. The “settlement base” (stablecoins) is still expanding, and RWAs are holding near the $30B level.
Chain dynamics
Ethereum is still the main value hub. BNB Chain stays #2 by value, and Solana stays #1 by holders.
| Network | RWA Total Value (Excl. Stablecoins) | RWA Holders | % Distributed |
|---|---|---|---|
| Ethereum | $16,307,410,288 | 169,986 | 98.8% |
| BNB Chain | $3,812,939,466 | 44,089 | 100.0% |
| Solana | $2,408,132,593 | 191,386 | 80.9% |
| Stellar | $1,632,893,970 | 10,886 | 99.5% |
| Liquid Network | $1,396,176,903 | 55 | 100.0% |
Two things to note:
- Solana has more holders than Ethereum (191K vs 170K), but Ethereum still holds about ~6.8× more value.
- BNB added value again and stayed far ahead of Solana in total value. It is still the clear #2 by value.
Commodities (tokenized gold, etc.)
Commodities were mixed: market cap is slightly higher, activity is higher, but holder count is lower vs last week’s snapshot.
| Commodity metric | Value (this week) | 7-day change (vs Apr 13) |
|---|---|---|
| Total Value (Distributed + Represented) | $7.31B | −$0.03B (−0.41%) |
| Monthly Transfer Volume | $8.04B | −$0.23B (−2.78%) |
| Monthly Active Addresses | 36,796 | −5,973 (−13.97%) |
| Holders | 217.58K | +3.93K (+1.84%) |
What stands out this week: transfer volume is slightly lower than last week, and active addresses dropped, but the holder base still grew. This suggests fewer wallets were active, while overall ownership stayed strong.
Top commodity platforms by total value:
- Tether Holdings: ~$2.7B
- Paxos: ~$2.3B
- Justoken: ~$1.7B
Gold still dominates the category — XAUT and PAXG remain the biggest products.
Real Estate (tokenized real estate)
Tokenized real estate continues to grow, with the holder base still expanding and total value staying resilient. Distributed value is $296.85M and represented value is $147.50M, so total value is about $444.35M. The category has 13.47K holders, with 865 monthly active addresses.
| Real estate metric | Value | 30D change |
|---|---|---|
| Distributed Value | $296.85M | +0.24% |
| Represented Value | $147.50M | −0.52% |
| Total Value (Distributed + Represented) | $444.35M | — |
| Holders | 13.47K | +0.35% |
| Monthly Active Addresses | 865 | −4.42% |
| Assets | 75 | — |
| Countries | 11 | — |
What to watch next
- Does the market cross $30B? RWAs are very close now at $29.48B.
- BNB vs Solana: BNB is strong on value, Solana is strong on holders. Watch if Solana starts catching up on value.
- Commodities activity: transfer volume jumped. Watch if it stays above ~$10B and if holders recover.
Bottom line
On April 20, 2026, RWAs had another steady week: value +0.92% WoW and holders +1.18% WoW. Platforms also increased again. Stablecoins rose in both value and users, so the settlement base is still growing. Ethereum remains #1, BNB stays #2, and Solana continues to lead on holders.
