Real-world Assets (RWA) have created a buzz in the market as they highlight physical assets, such as objects, properties, and others, and operate on the blockchain through smart contracts.
At press, RWA Coins have a market cap of $8,391,763,084. Moreover, Ondo (ONDO), TrueFi (TRU), Pendle (PENDLE), MANTRA (OM), and XDC Network (XDC) are the most trending RWA coins as of now.
Ondo (ONDO)
Ondo is currently the leading RWA cryptocurrency with a market cap of 1.58 billion. This cryptocurrency has demonstrated outstanding performance in recent times, with a growth of almost 280.14% in the last 6 months, 164.70% in the last 3 months, 45% in the last month, and 22% this week.
The cryptocurrency serves as the governance coin of Ondo Finance, a New York-based crypto company that specializes in tokenization. ONDO reached its all-time high on May 25, 2024, marking a 1270.23% growth from its all-time low price of $0.08355.
Pendle (PENDLE)
Pendle is indeed a cutting-edge protocol in the DeFi space, designed to allow users to tokenize and trade potential future earnings from their investments.
By introducing an innovative Automated Market Maker (AMM) that accommodates assets experiencing time decay, Pendle offers a unique solution that grants users enhanced control over their future yield.
At the time of writing, Pendle was trading at $6.163 with a 24-hour draw-drown of 1.80%. In a month the crypto is growing by almost 43.00% showcasing that the crypto is bullish.
MANTRA (OM)
Mantra is an L1 blockchain network that produces a bridge between TradFi and DeFi by providing the necessary infrastructure for tokenizing RWA.
MANTRA is the third-biggest RWA cryptocurrency, with a market capitalization of $522,519,796 is making buzz in the market recently.
On Apr 11, 2024, its price hit a new all-time high of over $1.05 a whopping 3633.77% gain from its all-time low price of $0.01728.
TrueFi (TRU)
TrueFi stands out as a transformative DeFi platform, reshaping the dynamics of lending and borrowing by catering to both conventional financial assets and digital currencies. Central to TrueFi is its innovative protocol that establishes pools yielding interest, thereby furnishing liquidity contributors with substantial APRs.
At the time of writing TrueFi was trading at the level of $0.1848 with a 44.05% surge in the last 7 days and an 88% surge in the last 1 month. At press, it stands at a market cap of $ 208,845,311 with a TVL of $38,186.
Network (XDC)
XDC Network is the fourth-largest RWA cryptocurrency based on market cap, trading at $0.03515. The market cap for XDC stands at $512,660,602.
On August 21, 2021, about 3 years ago, the XDC crypto reached its all-time high of $0.1939. The current price is 81.93% lower than the all-time high price. However, the current price has increased by 22194.14% from the all-time low price of $0.0001571.
