Ethereum’s Tokenized Assets Drive Growth in TVL and FDV

New research reveals the significant impact of tokenized assets on Ethereum, driving a surge in total value locked (TVL) and fully diluted valuation (FDV). This expansion is observed between 2020-2025, offering insights into market trends and ecosystem development. Data shows that while FDV experiences volatility, TVL exhibits a smoother accumulation pattern, highlighting the evolving dynamics of capital allocation within decentralized applications. Furthermore, stablecoins and real-world assets (RWAs) are increasingly influencing Ethereum’s fundamental value.