Today I crossed with the following Tweet that shares a very interesting table about RWA assets by Network and to summarize it a bit, it shows why we have to believe in ETH and why it is poised to be huge.

Networks

As you can see in the image above, Ethereum ecosystem is the king of kings in the tokenized real world assets (RWAs) and the number don't lie. As you know RWAs are probably one of the next big trends that big institutions are already looking into.

Ethereum dominates with $3.86 billion in RWA total value which is the 55.6% of the market share and as you can see there is no one close to him. Regarding stablecoins, Ethereum keeps showing who is the king with $123.4 billion in market cap and 58.5% of the market share, being basically the backbone of DeFi. But this is not the last thing, Ethereum also is king on stablecoin holders which makes once again Ethereum the project to believe in and the one its driving adoption in insane values.

Probably you have already noticed that other projects like ZKSync Era, Polygon, Arbitrum, Base and Optimism have decent values and are in the top 10 and as you know all this projects are Ethereum L2s meaning that this could also be considered really bullish for Ethereum ecosystem because if you don't believe in Ethereum, you should probably not believe in its L2s.

With all of this I want to say that even though the price is not moving like we expect, adoption keeps growing in insane numbers so its a matter of time that the sleeping giant wake up. To give you a bit of hopium based on rumors, Elon is looking to add blockchain for US government department and Ethereum is top on that list, and cant be a coincidence that WIF is buying ETH in crazy insane amounts. I will let you connect the dots. Enjoy the ride!

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Source:

• Tweet: https://x.com/sassal0x/status/1883104849950351625

Disclaimer:

The concept and ideas in this post come from my own thoughts and everything I have seen online during my three years in crypto. Any resemblance is purely coincidental. This is NOT a financial advice.