Plume Network Doubles RWA Holders Surpassing Ethereum With 210,000 Wallets

Plume Network has achieved a significant milestone by doubling its real-world asset (RWA) holders in June, surpassing Ethereum with over 210,000 wallets holding tokenized assets. This surge places Plume ahead of Ethereum, traditionally the leader in tokenized real-world asset holdings. The rapid growth is attributed to its focused strategy on accelerating real-world asset integration on-chain, attracting a diverse base of holders.

While Plume now accounts for approximately 50% of all RWA holders across blockchains, the total value of assets tokenized on its network remains below $100 million. This indicates a broad distribution of smaller asset holdings rather than concentration in large-value tokens, highlighting Plume’s appeal to a wide range of investors and participants.

Chris Yin, CEO and co-founder of Plume Network, emphasized the significance of this achievement, stating, “More RWA Holders on Plume than the rest of the top 5 chains combined.” This milestone underscores Plume’s growing influence in the tokenized asset ecosystem and its potential to reshape how real-world assets are represented on blockchain.

Following the tragic death of co-founder Eugene at the end of May, Plume Network has taken decisive steps to maintain project stability and investor trust. The Plume Foundation announced a uniform token lock-up policy, delaying all token unlocks until January 2026. This measure is designed to mitigate short-term selling pressure and promote sustained engagement from the community and investors.

In parallel, Plume has strengthened its ecosystem by partnering with Nick van Eck’s Agora to launch the AUSD stablecoin on its network. This collaboration aims to enhance liquidity and utility within the Plume ecosystem, providing additional incentives for adoption and integration.

Despite these positive developments, the PLUME token has experienced a significant price decline, dropping over 40% since Eugene’s passing. Currently trading around $0.09, the token saw a modest 15% rebound recently, yet this recovery remains limited compared to its previous highs above $0.20. Market sentiment continues to be cautious, reflecting broader skepticism in the altcoin sector.

The rapid increase in RWA holders on Plume highlights a growing interest in tokenized real-world assets, which could signal a shift in how investors engage with blockchain projects. However, the relatively low total asset value and the PLUME token’s price volatility suggest that the market is still in an early phase of maturity.

Investor confidence appears fragile, influenced by the loss of a key figure and the broader macroeconomic environment affecting altcoins. The Plume Foundation’s token lock-up strategy may help restore trust by aligning incentives for long-term holding, but sustained growth will depend on continued ecosystem development and transparent communication.

Looking ahead, Plume Network’s ability to maintain its lead in RWA holders will hinge on expanding the value and diversity of tokenized assets on its platform. Strategic partnerships, such as the AUSD stablecoin launch, are critical to enhancing network utility and attracting institutional participation.

Moreover, the project’s governance and community engagement will play vital roles in navigating challenges and capitalizing on emerging opportunities within the blockchain asset space. As real-world asset tokenization gains traction, Plume’s pioneering position could translate into significant long-term value creation.

Plume Network’s impressive growth in RWA holders, surpassing Ethereum, marks a pivotal moment in blockchain asset tokenization. While the PLUME token faces price challenges following the co-founder’s death, strategic measures like delayed token unlocks and ecosystem partnerships demonstrate a commitment to stability and growth. Investors and stakeholders should monitor Plume’s progress closely, as its success could influence the broader adoption of real-world assets on-chain.