Real-World Assets in Crypto

Real-World Assets (RWAs) have become a significant topic of discussion within the cryptocurrency space. These assets represent physical objects such as properties, commodities, and more, operating on the blockchain through smart contracts. The market for RWA Coins has reached a substantial market cap of $8,391,763,084. Leading this niche is Ondo (ONDO) with a market cap of $1,605,848,142.

Ondo (ONDO) in the Spotlight

Ondo has emerged as the top contender in the RWA cryptocurrency realm with a market cap of 1.58 billion. This digital currency has shown remarkable growth rates over specific periods, including a surge of almost 280.14% in the last 6 months, 164.70% in the previous 3 months, 45% in the last month, and a 22% increase within the current week. ONDO serves as the governance token for Ondo Finance, a New York-based firm specializing in tokenization. It hit its all-time high on May 25, 2024, marking a significant growth of 1270.23% from its lowest price.

Pendle (PENDLE): A Progressive DeFi Protocol

Pendle stands out as an advanced protocol in the DeFi sector, enabling users to tokenize and trade potential future earnings from their investments. Introducing an innovative Automated Market Maker (AMM) catering to assets with time decay, Pendle offers users greater control over their future yield. Currently trading at $6.163 with a 24-hour drawdown of 1.80%, Pendle has demonstrated a growth of approximately 43.00% in the last month.

MANTRA (OM): Bridging TradFi and DeFi

MANTRA operates as an L1 blockchain network bridging traditional finance (TradFi) and decentralized finance (DeFi) by facilitating the tokenization of real-world assets. As the third-largest RWA crypto by market capitalization ($522,519,796), MANTRA has gained significant attention in the market. It reached a new all-time high on April 11, 2024, signaling a remarkable gain of 3633.77% from its lowest price.

TrueFi (TRU): Transforming DeFi Lending and Borrowing

TrueFi is a revolutionary DeFi platform reshaping lending and borrowing dynamics for both traditional financial assets and cryptocurrencies. At present, TrueFi is trading at $0.1848 with a notable surge of 44.05% in the last 7 days and an 88% increase in the previous month. It holds a market cap of $208,845,311 with a Total Value Locked (TVL) of $38,186.

XDC Network (XDC): The Fourth-Largest RWA Crypto

The XDC Network is positioned as the fourth-largest RWA cryptocurrency by market cap, with a current trading price of $0.03515. Its market cap is recorded at $512,660,602. Despite reaching an all-time high of $0.1939 on August 21, 2021, the current price reflects an 81.93% decrease from that peak. Nevertheless, the digital asset has surged by a remarkable 22194.14% from its lowest price.