Tokenized commodities are approaching $4 billion, with gold, silver, and platinum hitting record highs. Tether Gold and Paxos Gold lead the sector, valued at $1.74 billion and $1.61 billion respectively. Tokenized RWAs are projected to reach $2 trillion by 2028, with Ethereum dominating with a 65% market share.

Ethereum’s network is the most popular for tokenized RWAs, capturing a 65% market share at $12.7 billion. Despite the growth in tokenization, traditional financial assets still make up a small portion of onchain activity on Ethereum. The network ranked fourth by total transaction fees generated in the past 30 days.

Tron network leads in transaction fees generated, with $29.5 million, followed by BNB Chain and Solana. These blockchains are popular for token launches and retail trading activity, contributing to increased blockchain activity. The SEC’s recent decisions on crypto regulations leave many unanswered questions.

Read more at Cointelegraph: Tokenized Commodities Near $4B, as Gold Extends All-Time Rally