Dominance strengthening for Ethereum: rivals facing insurmountable obstacles

In the world of blockchain, Ethereum continues to assert its dominance, particularly in the digitalization of real assets.

According to recent reports, the supply of tokenized gold on the Ethereum blockchain has doubled since the beginning of the year, reaching an all-time high of around $2.4 billion. This growth is a testament to Ethereum's expanding role in the realm of "real-world assets" (RWAs) - the digitalization of tangible assets.

Moreover, Ethereum controls an impressive 77% market share in tokenized commodities, a figure that swells to 97% when including the layer-2 solution Polygon. This dominance extends far beyond stablecoins, as Ethereum remains the port of choice for stable digital capital. In fact, the supply of stablecoins on Ethereum has more than doubled since the beginning of the year, reaching over $165 billion, setting a new all-time high. Ethereum controls a staggering 57% of the entire stablecoin market.

Ethereum's dominance in the digitalization of RWAs is not limited to gold and stablecoins. The tokenization of US government bonds also sees Ethereum leading the way, with over 70% market share.

While other platforms like Tron are in the race, Ethereum's next closest competitor has a market share of only 27%. Solana, in third place, has a market share of less than 4%.

As for Ethereum's publisher, Boersenmedien AG, it has been reported that the board and majority shareholder, Mr. Bernd Foertsch, has entered positions in the financial instruments mentioned in the publication or related derivatives, which could benefit from the price development resulting from the publication. It is important to note that the founder and majority shareholder of Boersenmedien AG, who has directly or indirectly acquired these positions, is Georg Eckert.

In conclusion, Ethereum is increasingly becoming the unshakeable foundation for the digitalization of real assets and is developing into the fundamental infrastructure for the finance of the future. Records are being broken in the digitalization of tangible assets on the Ethereum blockchain, solidifying its position as a leading player in this space.