Chainlink (LINK) took first place in two major rankings in the tokenized real-world assets (RWA) sector, even though the largest market cap in the segment still belongs to Figure Heloc.
Interest in Chainlink is growing amid the rapid expansion of the entire RWA market. In March 2026, the volume of the real-world asset tokenization sector already exceeded $12 billion.
At the same time, some analysts believe that LINK may be preparing for a stronger upward move. Some forecasts suggest a growth potential of more than 170% from current levels.
Chainlink Takes the Lead in Market Cap Among RWA Projects
According to Santiment, Chainlink currently ranks first among crypto projects related to the tokenized real-world assets sector.
The market capitalization of LINK is estimated at about $7.68 billion, and daily trading volume exceeds $680 million.
In second place is Stellar (XLM) with a market cap of about $5.48 billion.
Next are Avalanche (AVAX) with $4.32 billion, as well as Hedera (HBAR), Tether Gold (XAUt), and Ondo (ONDO), which are also among the largest RWA projects by market size.
RWA sector. Source: Santiment
According to CoinGecko, the picture in the sector looks a little different.
First place there goes to Figure Heloc (FIGR_HELOC), a tokenized real estate-backed lending instrument from Figure Markets. Its market cap is estimated at about $18.36 billion.
LINK is in second place in this ranking with a market cap of about $7.71 billion, and Stellar is in third place.
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But both rankings agree on one thing — Chainlink remains a key infrastructure for the tokenized asset market.
This month, Fidelity International launched the tokenized fund FILQ using Chainlink infrastructure.
In addition, DTCC has already begun integrating Chainlink standards into its Collateral AppChain platform.
RWA sector. Source: CoinGecko
BNB Chain Leads in RWA User Growth in 2026
Separate statistics from RR2capital show how the number of RWA asset holders in different blockchains has changed since the beginning of 2026.
The strongest growth is now shown by BNB Chain, where the number of users in the sector increased by 567%.
Next are Base with growth of 84.5%, Solana with 73%, and Stellar, where the figure increased by about 66.7%.
Ethereum and Arbitrum also remain in the positive, adding 47.8% and 35.8% respectively.
For Polygon the growth was noticeably weaker, about 10%, and Avalanche added only 0.6%.
Meanwhile, Plume and HyperEVM, on the contrary, faced an outflow of users.
All this shows that the tokenized real-world asset market is gradually ceasing to concentrate only around Ethereum.
One member of the crypto community, Richard Saylor, believes that the growth potential of the RWA sector is still huge.
According to him, it is now the tokenized real-world asset market that is gradually beginning to eclipse other crypto narratives, and the opportunities for growth here are almost unlimited, because almost any asset can be tokenized.
Growth in the number of RWA holders by blockchain. Source: X
Analysts Expect Stronger LINK Growth
Currently, LINK is trading around $10.16. Over the past week, the token has gained about 6.3%, and the project’s market cap is holding near $7.4 billion.
Trader WhaleFactor believes that a classic signal for continued growth is forming on the Chainlink chart.
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According to him, LINK managed to break through the descending resistance line that had held back the price for several months. The market is now trying to consolidate above this level through a retest.
The analyst believes that if the current structure is maintained, the price could reach about $24.8. This gives a potential increase of more than 170% from current levels.
At the same time, the key support zone is now considered to be the area around $9.
If LINK holds above it, the bullish scenario will remain in force. In the event of a deeper pullback, the next important support is considered to be the area of $7.2.
A break of this level could already break the current growth structure.
LINK daily chart. Source: X
Whether LINK can actually reach these levels now largely depends on whether institutional capital continues to flow into RWA infrastructure.
The coming weeks will show whether Chainlink leadership in the tokenized asset sector will turn into the price growth analysts are now hoping for.
Additional interest in the RWA sector is now also fueled by the overall trend from major financial companies. More and more banks, funds, and payment platforms are starting to test tokenization of bonds, funds, real estate, and other traditional assets.
Against this backdrop, Chainlink is increasingly seen not just as a separate crypto project, but as one of the basic infrastructures for the future tokenized asset market.
