Solana now has more wallets holding real-world assets (RWAs) than Ethereum, marking a first in user

Solana Flips Ethereum in RWA Holder Count—But ETH Still Dominates by Value

Solana just took the lead in one key metric: the number of wallets holding tokenized real-world assets (RWA). On-chain data shows more addresses on Solana now hold RWA than on Ethereum. But before anyone crowns a new king, the value story is different.

Ethereum still absolutely dominates in total value locked in tokenized assets. The big treasury products and private credit platforms? Still mostly on Ethereum. So Solana has the numbers; Ethereum has the dollars.