Ethereum’s $200B tokenized asset base backs analysts’ calls for higher ETH price

2 hours ago

Key takeaways:

Ethereum presently hosts $201 cardinal successful tokenized assets, which is astir two-thirds of the planetary full of $314 billion.
Institutional maturation led by BlackRock and Fidelity has driven a 2,000% surge successful onchain money AUM since 2024.
ETH speech proviso deed a yearly low, hinting astatine capitalist accumulation and a stronger marketplace floor.

Ethereum's increasing dominance successful the tokenized plus scenery is reshaping however investors worth its web fundamentals and its autochthonal token, Ether (ETH). As of Nov. 11, tokenized assets crossed each blockchains magnitude to astir $314 billion, with Ethereum accounting for $201 billion, astir two-thirds of the market. This underscored its starring relation arsenic the astir utilized colony furniture successful crypto successful 2025.

Cryptocurrencies, Technology, Investments, Markets, Cryptocurrency Exchange, Tokens, Price Analysis, Stablecoin, Market Analysis, Ether Price, Ethereum ETF, BlackRock, RWA, Tokenization, RWA Tokenization, Genius Act

Stablecoins proceed to signifier the backbone of Ethereum’s web economy, representing the immense bulk of transaction activity. Combined USDT and USDC issuance connected Ethereum has sustained heavy liquidity pools crossed DeFi, cross-border payments, and exchanges, helping the web support 1 of the highest transaction throughputs successful the industry.

The enlargement extends beyond stablecoins. Tokenized money plus nether absorption (AUM) connected Ethereum has surged by astir 2,000% since January 2024, driven by organization entrants similar BlackRock and Fidelity bringing accepted concern products onchain.

Fidelity Digital Assets noted that, “beyond Bitcoin and Ethereum, immoderate of the astir noteworthy developments successful integer assets are happening successful stablecoins and tokenized real-world assets (RWAs).”

The steadfast highlighted that stablecoins person go a planetary mean of exchange, processing $18 trillion successful measurement implicit the past 12 months, adjacent surpassing Visa’s yearly throughput of $15.4 trillion.

Meanwhile, RWAs person emerged arsenic Ethereum’s fastest-growing category. Tokenized treasuries, funds, and recognition instruments connected Ethereum present full $12 billion, representing 34% of the $35.6 cardinal planetary RWA market. Protocols specified arsenic Ondo, Centrifuge, and Maple are fueling the surge by offering yields of 4–6% connected tokenized US Treasury vulnerability and secured lending products.

Analytics level Token Terminal noted that this enlargement efficaciously anchors Ethereum’s $430 cardinal marketplace capitalization to tangible onchain utility, noting that, “the marketplace headdress of tokenized assets connected Ethereum has acceptable the level for ETH’s marketplace cap.”

ETH speech proviso points to a bullish setup

Data from CryptoQuant pointed retired that Binance, the largest Ether trading venue by volume, indicated that ETH speech proviso has declined sharply since mid-2025, hitting its lowest level since May 2024. After peaking successful aboriginal summer, proviso fell continuously done November, reaching astir the 0.0327 level.

This persistent outflow signals coins moving into acold retention oregon semipermanent wallets, a behaviour typically associated with accumulation phases. Interestingly, this diminution successful speech balances coincided with Ether’s terms peaking adjacent $4,500 to $5,000 successful August and September earlier retracing to astir $3,500 currently.

Analysts noted that a reduced proviso connected exchanges tends to alleviate merchantability pressure, perchance mounting the signifier for terms stabilization oregon renewed upside if capitalist hazard appetite improves.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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