• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
RWA Tokens Gain Popularity: Market Capitalization Exceeds $9.5 Billion

RWA Tokens Gain Popularity: Market Capitalization Exceeds $9.5 Billion

user avatar

by Eve Adams

a year ago


Analysts at CryptoDiffer have studied the sector of tokenizing real-world assets (Real World Assets). They published an infographic on their X social media page, showcasing the top cryptocurrencies in this sector by market capitalization. As of June 14, 2024, the RWA sector is demonstrating positive dynamics. The total market capitalization is $9.56 billion, with trading volumes over the past 30 days reaching $25.1 billion.

There have been interesting changes in the ranking of cryptocurrencies in the Real World Assets (RWA) category.

  • The top position remains with Maker (MKR) with a capitalization of $2.12 billion, despite a 15.9% price decline over the past 30 days.
  • The second place is taken by the cryptocurrency Ondo (ONDO), which showed an impressive growth of 72.4%, reaching a total capitalization of $1.87 billion.
  • In third place is the token Pendle (PENDLE) with a market capitalization of $804 million. Over the reporting period, its value increased by 28%.

Mantra (OM) and XDC Network (XDC) also made it into the top 5, with capitalizations of $691 million and $520 million respectively. OM's price grew by 24%, while XDC increased by 3.7%. According to experts, the Ondo project is particularly noteworthy, as it not only entered the top five but also showed significant price growth, indicating high investor interest and stable demand for the platform. This success may be attributed to the innovative financial solutions offered by the project.

Among other notable projects are Polymath (POLYX), which showed a growth of 28.6%, and Dusk Network (DUSK), whose value increased by 36.2%. Additionally, TrueFi (TRU) prices soared by 102%, reaching a total capitalization of $229 million.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

The Role of American Depositary Receipts in Emerging Market Investment

chest

ADRs provide US investors with access to emerging market equities, facilitating investment in foreign companies.

user avatarBayarjavkhlan Ganbaatar

Seven Essential Strategies for Investing in Emerging Markets

chest

Investors are encouraged to adopt specialized, active strategies to navigate the complexities of emerging market stocks.

user avatarDiego Alvarez

Expert Strategies for Trading Major Macroeconomic News Events

chest

Professional traders utilize advanced techniques to capitalize on market volatility during significant economic releases.

user avatarKenji Takahashi

Emerging Markets Positioned as New Source of Alpha

chest

Emerging Market equities are gaining attention as a critical source of alpha and diversification for global portfolios due to structural reforms and resilience.

user avatarMohamed Farouk

Understanding the Volatility Fuel Macro Catalysts

chest

Key macroeconomic releases drive market volatility, impacting currency valuations and trading strategies.

user avatarElias Mukuru

Institutional Investors Pause Bitcoin Accumulation Amid Market Volatility

chest

Institutional and corporate buyers have halted Bitcoin purchases, contributing to market contagion.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.