RWA private credit on blockchain surges to $4.5B, Ethereum price outlook steady

Real-world asset (RWA) private credit on blockchain platforms surged from under $500M to over $4.5B in a year, signaling strong institutional demand for tokenized credit. Despite that inflow, prediction-market odds for Ethereum reaching $10,000 by Dec. 31, 2026 remain at just 4%, with thin trading (about $918 daily face value and $36 in USDC traded). Low volume and flat odds indicate traders view the RWA capital influx as real but not yet likely to drive a near-term ETH price spike; modest orders could materially move the market given low liquidity. BlackRock’s participation is highlighted as a potential long-term bullish driver if tokenized markets migrate activity to Ethereum, while further allocations by big asset managers and regulatory shifts are key catalysts to monitor.