Caution Advised: Tokenized Real-World Assets Slow Down on Blockchains, Impacting Ethereum, Solana, and XRP

Tokenized real-world assets on blockchains are likely to drive growth for Ethereum, Solana, and XRP in the next five years. However, recently, the bucket of real-world assets using blockchains mostly as a record-keeping system has started to shrink, while the smaller bucket of assets that actually live and move on-chain has barely grown. This shift implies caution for buying these tokens. Tokenization can be seen as fancy bookkeeping, with two flavors: distributed and represented assets.