Table of Contents
TL;DR
- Distributed Asset Value: $27.68B, +$0.91B (+3.40%) WoW — a solid step up from last week’s $26.77B.
- Total Asset Holders: 710,954, +13,032 (+1.87%) WoW — holders grew again.
- Platforms: 167 total (Distributed 150 / Represented 17), flat WoW — platform count did not change.
- Stablecoins: $299.41B (−0.02% WoW) and 242.15M holders (+0.45% WoW) — value is flat, users still grow.
- Stablecoin holders are about ~341× larger than RWA holders; stablecoin value is about ~10.8× larger than distributed RWA value.
Market snapshot (as of Apr 6, 2026)
RWAs grew faster than stablecoins this week. Stablecoin value was almost flat, but stablecoin holders still increased.
| Metric | Value | 7-day change (vs Mar 30) |
|---|---|---|
| Distributed Asset Value | $27.68B | +$0.91B (+3.40%) |
| Total Asset Holders | 710,954 | +13,032 (+1.87%) |
| Platforms (All) | 167 | 0 (0.00%) |
| Platforms (Distributed) | 150 | 0 (0.00%) |
| Platforms (Represented) | 17 | 0 (0.00%) |
| Stablecoin Value | $299.41B | −$0.06B (−0.02%) |
| Stablecoin Holders | 242.15M | +1.08M (+0.45%) |
Chain dynamics
Ethereum is still the main value hub. BNB Chain stays the clear #2 by value. The bigger change this week is Solana, which increased its RWA value and also increased the “% distributed” share.
| Network | RWA Total Value (Excl. Stablecoins) | RWA Holders | % Distributed |
|---|---|---|---|
| Ethereum | $16,019,245,164 | 163,510 | 98.7% |
| BNB Chain | $3,413,254,866 | 42,614 | 100.0% |
| Solana | $2,029,400,002 | 179,348 | 83.4% |
| Stellar | $1,406,560,719 | 9,658 | 99.4% |
| Liquid Network | $1,303,791,862 | 55 | 100.0% |
Two simple notes:
- Solana has more holders than Ethereum, but much less value.
- Liquid Network still has very few holders, so its total value can move a lot from one large change.
Commodities (tokenized gold, etc.)
Tokenized commodities were mixed this week. Market cap recovered to $7.37B after last week's dip to $7.06B, and the holder base grew slightly to 211.73K. Transfer volume dropped further to $10.57B, and active addresses pulled back.
| Commodity metric | Value (Apr 6) | 7-day change (vs Mar 30) |
|---|---|---|
| Market Cap | $7.37B | +$0.31B (+4.39%) |
| Monthly Transfer Volume | $10.57B | −$2.83B (−21.12%) |
| Monthly Active Addresses | 44,205 | −2,629 (−5.61%) |
| Holders | 211.73K | +0.62K (+0.29%) |
Transfer volume is settling into what looks like a real baseline — $10–13B range — after the $700B+ anomaly a few weeks ago and the gradual step-down since. Market cap bounced back even as volume and active addresses declined, which may reflect price movement in the underlying metals rather than new inflows.
Top commodity assets by value remain tokenized gold, with XAUT (Tether Gold) and PAXG (Paxos Gold) still the two dominant products.
Top commodity managers by total value (as shown in the league table):
- Tether: ~$2.7B
- Paxos: ~$2.4B
- Justoken: ~$1.7B
What to watch next
- Can RWAs keep growing if stablecoin value stays flat? This week RWAs grew faster than stablecoins, which is a good sign.
- Solana vs BNB: Solana is catching up in value, while BNB stays strong as #2. Watch whether the gap changes again next week.
- Commodities page freshness: the “as of 03/19/2026” label is still there. If it updates, we may see delayed changes appear at once.
Bottom line
On April 6, 2026, RWAs had a positive week: value +3.40% WoW and holders +1.87% WoW, while platform count stayed flat. Stablecoin value was almost unchanged, but stablecoin holders kept growing. Ethereum remains #1, BNB stays #2, and Solana continues to build both value and holders.
