RWA tokens went against the trend, becoming the top narrative for the past month
The post RWA tokens went against the trend, becoming the top narrative for the past month appeared on BitcoinEthereumNews.com.
The tokenization narrative remained one of the most successful categories of tokens, retaining its earnings in an otherwise bearish period. Led by Ondo (ONDO), the sector posted gains where all other token classes had a negative performance. RWA tokens were the only asset class to end the last month with a positive performance, besides Bitcoin (BTC). RWA tokens surpassed all other narratives, especially the AI agents sector, which erased over 70% of its value. In the past 24 hours, 46% of tracked RWA tokens were in the green, with 54% in the red. Trading volumes for the whole sector also expanded by over 142%. ONDO, OM lead the way for RWA The RWA token sector holds a total valuation of $35B, with over 60% of the value held by Chainlink (LINK), MANTRA (OM), and Ondo (ONDO). Almost all the leading tokens have sparked predictions of an eventual rally, in addition to long-term expectations for the sector as a whole. ONDO drew attention for its presence in the wallet of World Liberty Financial, in addition to the recent Ondo summit. Ondo also launched Ondo Chain, an L1 specifically created for institutional tokenization. Ondo Finance has not announced an official partnership with World Liberty Fi, despite the recent series of purchases. All those factors added to the RWA narrative, boosting exposure in the past week. The performance of RWA hinges on the hype affecting multiple tokens in the sector. At this point, RWA liquidity is fragmented and there is no standard of settlement or compatibility. Tokenization by mainstream companies like BlackRock is quite different from small-scale tokenization efforts from purely crypto startups. RWA tokenization projects still rely mostly on Ethereum, with fewer launches on Base or Solana. The sector turned to green in the past day. RWA tokens are not limited to…
Filed under: News - @ February 11, 2025 10:25 pm