If you care about RWA adoption, there’s one new metric you can’t afford to ignore on : “Distributed Value." Unlike traditional metrics like issuance volume or market cap, distributed value captures the total value of RWA tokens that are actually being held and managed directly by investors, be it through wallets or custodians. This signals real adoption, as opposed to simply copy-pasting assets onchain. Here’s why this metric matters: -It shows which blockchains are seeing organic investor demand for RWAs. -It reflects where product-market fit has emerged. -It reveals whether infrastructure like custody, compliance, & wallet UX is ready for scale. Tokenizing assets is easy but getting people to hold and use them onchain is the real test. As of today: @avax is among leading chains with over $953M in distributed value, with over 77% actively held and circulating. Look for where value is held, used, and trusted onchain.