*Exploring Structural Challenges and the Rise of New Tokenization Platforms
*Ethereum currently leads the real-world asset (RWA) market, thanks to its first-mover advantage, track record of institutional experimentation, deep on-chain liquidity, and decentralized infrastructure. However, newer blockchains—both general-purpose platforms with lower fees and faster throughput, as well as RWA-specialized chains built for compliance—are emerging to address Ethereum’s cost and performance limitations. These challengers are positioning themselves as next-generation infrastructure by emphasizing technical scalability and native regulatory alignment. Ultimately, the next phase of RWA growth will be driven by the platform that can combine regulatory compatibility, a robust service ecosystem tailored to real-world assets, and sustained on-chain liquidity.

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