Alvin Foo, venture partner at ChainValley Capital and former head of Google's mobile division, announced in a recent tweet that he expects the second-largest cryptocurrency by market cap, Ethereum (ETH), to reach $1 trillion in sales. This comes after tokenized gold on the Ethereum network has risen 100% since the beginning of 2025.
Hu pointed out that tokenized gold on the Ethereum network has exceeded $2.7 billion, doubling since the beginning of 2025.
“This is just money,” Fu said, adding, “Imagine what happens when real world assets (RWA) like real estate, government bonds, and commodities are moved entirely on-chain.” Ethereum’s 100% year-to-date rise in tokenized gold suggests growing demand in the nascent crypto market space.
Tokenized gold on Ethereum has exceeded $2.7 billion, doubling since the beginning of 2025.
This is pure gold!
Imagine what would happen if real world assets (#RWA) such as real estate, government bonds, and commodities were moved entirely on-chain.
We are still in the early stages of the RWA revolution and what's next… pic.twitter.com/UdESk8aLr4
— Alvin Hu (@alvinfoo) October 21, 2025
According to a recent CoinGecko report, Ethereum has emerged as the frontrunner for the crypto recovery in the third quarter, displacing Bitcoin as capital flows into altcoins, DeFi protocols, and a new wave of tokenized assets.
The next trillion dollar story unfolds
Tokenization has long been a buzzword for cryptocurrency enthusiasts who believe blockchain-based assets will change the infrastructure that underpins financial markets.
However, many say the tokenized asset market has grown much slower than expected in recent years and is still in its infancy.
Hu supports this idea, saying, “We are still in the early stages of the RWA revolution,” but highlighting the next growth areas for the crypto market, with a focus on the second-largest cryptocurrency, Ethereum.
“The next multi-trillion dollar story is already unfolding on Ethereum,” Hu predicts.
As of August, the real world assets (RWA) valuation of the crypto market was estimated at over $230 billion, an increase of approximately 69% since 2024.

