• 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

Chainlink's Open Interest Surges Amid Bearish Market Conditions

chest

Chainlink's open interest has surged past 127 million USDT, indicating increased leverage in a bearish market as the token retests a critical breakdown support level.

user avatarArif Mukhtar

Trump Administration Advances Crypto Policies Amid National Security Strategy Release

chest

The Trump administration has been actively promoting crypto policies this year, supporting the GENIUS Act and establishing a Bitcoin reserve, despite the omission of cryptocurrency in the national security strategy.

user avatarMaria Gutierrez

Bitcoin Encounters Significant Resistance Levels Ahead.

chest

Bitcoin is approaching significant resistance levels, with immediate resistance at 91,650 and key levels at 92,000 and 93,000. A close above 93,000 could lead to further increases, potentially testing the 95,000 resistance. However, if Bitcoin fails to rise above the 91,650 resistance zone, it may start another decline, with immediate support near 90,000 and major support at 89,500.

user avatarDavid Robinson

Uniswap Achieves Milestone of 4 Trillion in Trading Volume

chest

Uniswap Labs announced this week that the protocol has surpassed 4 trillion in cumulative trading volume across 2,586 days.

user avatarSon Min-ho

Aave DAO Restructures Multichain Strategy

chest

This week, Aave DAO passed a Temperature Check to restructure its multichain strategy, focusing on revenue generation.

user avatarAndrew Smith

Base Launches CrossChain Bridge with Solana

chest

Base has officially deployed its crosschain bridge, allowing asset transfers between Base and Solana ecosystems.

user avatarJacob Williams

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.