• 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

2 years 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

Corporate Bitcoin Treasuries Surge by 260,000 BTC in Six Months

chest

Corporate digital asset treasuries have added a net 260,000 Bitcoin to their balance sheets over the past six months, significantly outpacing the estimated 82,000 coins mined during the same period.

user avatarMaria Gutierrez

CatFee Launches Whale Vault with 12% APY on TRX

chest

CatFee has launched the Whale Vault, enabling users to stake TRX with a minimum of 5 million TRX for a 12% annual percentage yield.

user avatarDavid Robinson

Tesla to Enter Settlement Negotiations Over Racial Harassment Allegations

chest

Tesla has agreed to participate in private mediation with the US Equal Employment Opportunity Commission regarding allegations of racial harassment at its California factory.

user avatarAndrew Smith

MARA Holdings Maintains Strong Bitcoin Treasury Amidst Competition

chest

MARA Holdings maintains one of the largest Bitcoin treasuries, holding over 55,000 BTC, positioning itself as a strong competitor in the Bitcoin mining industry.

user avatarJacob Williams

ApeCoin APE Shows Mild Correction Amid Low Volume

chest

ApeCoin APE is trading down 1.63% in the last 24 hours, currently priced at 0.02072. Despite this mild correction, the project maintains a steady community of approximately 1859K holders.

user avatarZainab Kamara

MicroStrategy Acquires Largest Amount of Bitcoin in Half a Year.

chest

MicroStrategy has announced a significant acquisition of Bitcoin, purchasing 13,627 BTC for approximately 125 billion, marking its largest purchase in nearly six months.

user avatarSon Min-ho

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.