Here's a little RS-485 test board to check the footprint and the interface circuitry. I'll wire this up to a Pi Pico, then if everything tests out, I'll make a #Protonema stamp for it.
All the renewable energy control equipment I'm working with uses RJ-45. Other equipment I've used was based around Phoenix terminal blocks. Seems to largely industry-by-industry conventions.
I don't connect TX/RX directly the LEDs, but rather drive it from the software stack. That way you can have more control over the blink behaviour and it doesn't leak nearly as much information.