Ethereum’s tokenization bid gains momentum as assets hits over $17 billion
Although Ethereum (ETH) price has remained trapped in a horizontal consolidation over the past four weeks after breaking out from its multi-month bear market, on-chain data shows its tokenization of real-world assets (RWA) has grown to over $17 billion.
Ethereum’s Distributed Asset Value (DAV), which tracks RWA tokens using the blockchain as a distribution layer, was at $17.36 billion on August 14, according to data from RWA.xyz.
ETH RWA’s 30D performance. Source: RWA.xyz
Over the last 30 days, Ethereum’s DAV climbed 0.5%, thus solidifying this network’s lead in the tokenization bid. The ETH’s Represent Asset Value (RAV), representing RWA tokens using the blockchain as a record-keeping layer, was at $91.11 million at the time of reporting, up 19.43% over the past 30 days.
The rising tokenization on the Ethereum network has fueled an increase in RWA holders, currently at 223,858, representing a 4.99% uptick over the past 30 days. As such, ETH’s RWA 30D transfer volume was at roughly $13.32 billion at the time of writing, up over 18% in four weeks.
Here is the impact on the Ethereum network and ETH price
The renewed demand for tokenization on the Ethereum network over the past 30 days coincided with a rising number of active addresses. Specifically, Ethereum’s active addresses Simple Moving Average (SMA) 7 was at 476,048, at the time of reporting, up from 373,113 on July 20, 2026, according to metrics from CryptoQuant.
Ethereum active addresses (SMA 7). Source: CryptoQuant
Meanwhile, the rising tokenization bid on this blockchain has happened in tandem with ETH price rebounding from a multi-year support level around $1,580, as per analysis from Ali Martinez.
XRP/USD’s multi-year chart analysis. Source: TradingView
As such, if tokenization bids on the Ethereum network continue to grow, it could fuel a further rise in active addresses and reduce selling pressure on the ETH price.
Featured image via Shutterstock
