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RWA tokens demonstrate bullish trend despite trading volume decline

Sep 13, 2024
  1. Price Growth of RWA Tokens
  2. Layer-1 and Top DeFi Tokens Performance
  3. Weekly Analysis

Real-world asset (RWA) tokens experienced significant price increases over the past day despite a 14.84% decrease in trading volume.

Price Growth of RWA Tokens

$QNT and $OM tokens saw price rises exceeding 5% in the past 24 hours. $QNT rose 5.23% to $75.74, while $OM increased by 5.06% to $1.12. Over the past seven days, $QNT has climbed 26.82%, and $OM has grown 22.34%.

Layer-1 and Top DeFi Tokens Performance

In contrast to RWA tokens, Layer-1 tokens like Bitcoin, Ethereum, and Solana showed minimal price changes. Bitcoin rose by 3.7%, Solana by 3.08%, while Ethereum saw a 0.32% decrease.

Weekly Analysis

Over the past week, the majority of major RWA tokens have shown steady growth. $ONDO, $AVAX, $SNX, $LINK, and $VET increased by 10.77%, 10.23%, 9.99%, 9.10%, and 8.85% respectively. The $MKR token was the lone exception, declining by 0.04%.

RWA tokens continue to exhibit steady growth amidst overall market volatility, while Layer-1 and many DeFi tokens struggle to maintain their positions.

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