Avalanche and Arbitrum One now collectively account for roughly 12.5% of all on-chain tokenized stock market capitalization, having added nearly $292 million over the past year. BNB Chain remains the undisputed leader with 35.4% market share, followed by Ethereum at 28.0% and Solana at 21.5%. The total market cap for tokenized stocks hit a record $2.3 billion as of July 16, 2026. Avalanche contributed $177.3 million while Arbitrum One added $114.7 million to this growth. Despite this shift, the top three chains still command approximately 85% of the total market.
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