ZKsync Era is recording explosive growth in the real-world assets (RWA) sector on the blockchain. According to data from RWAxyz, the total value of RWA on ZKsync Era has surged 953.79% in the past 30 days, reaching $2.03 billion. With this achievement, ZKsync Era has risen to the second largest blockchain in terms of RWA, only behind Ethereum - the current leader with a total RWA value of $4.12 billion.
The main driver behind the remarkable growth of ZKsync Era is the Tradable protocol, a platform that provides private lending on the chain. Tradable allows loans to be traded directly on the blockchain, helping to expand access to decentralized credit and attract significant Capital into the RWA ecosystem of ZKsync Era.
Real-world assets (RWA) on the blockchain is the process of digitizing physical assets or financial assets, allowing them to be traded in the form of tokens. Common types of RWA include real estate, commodities, bonds, and stocks. Tokenizing these assets opens up new opportunities, such as fractional ownership, higher liquidation, and global accessibility, contributing to the transformation of traditional finance.
However, integrating RWA into the blockchain ecosystem still faces major challenges, particularly in terms of regulatory compliance, scaling, and ensuring interoperability between traditional financial systems and the blockchain. The infrastructure of ZKsync Era has addressed many of these barriers, making the platform an attractive choice for RWA projects.