The tokenised real-world asset (RWA) market showed signs of slowing after growing 1.74 percent over the past 30 days, blockchain media outlet BeinCrypto reported on Thursday. Based on RWA.xyz data, the value of distributed assets stands at $27.49 billion.

Market participation increased, but the pace of fund inflows slowed. The number of holders rose 5.71 percent over 30 days, but the rate of increase in asset value fell short of that. New participants entered the market, but the amount of new money was smaller than in previous months.

Among sub-asset classes, stablecoins turned to a decline. Stablecoins fell 0.07 percent over the same period. Stablecoins have been seen as a main entry route into the tokenised asset market.

The RWA market expanded steeply through 2024 and early 2025, but growth has moderated in recent months. A monthly growth rate of 1.74 percent is not a sharp drop, but the slowdown is clear compared with the triple-digit growth rates recorded in 2024.

The long-term growth trend has remained intact. The value of distributed assets has grown from under $5 billion in early 2024 to nearly $28 billion now.

BeinCrypto viewed the RWA market as having moved past a high-growth phase and into a normalisation stage. Market data over the coming months is expected to determine whether the slowdown is a temporary adjustment or the start of a longer trend.