Crypto Tokens Gone Wild! Record Highs and Dance Moves in the RWA Markets

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🎉 On February 3, real-world asset (RWA) tokens partied hard, sparking a joyous conga line for the broader crypto market. Thanks to the ever-vigilant analytics platform RWA.xyz, we saw these tokens hit a jaw-dropping peak of $17.1 billion. 🤑

Now, don’t start thinking this is just another meh day; this peak may be a smidge under mid-January’s record, but it’s a whopping 94% increase from last year. 😲

RWA Tokens on Steroids

Monday wasn’t just your average “back to work” day for the crypto markets—it was practically a comeback tour. 🕺 And, oh, by the way, our guy Donnie T. decided to freeze tariffs on Canada and Mexico—makes you wonder if there’s a connection. Still, those RWAs took off like a rocket ship 🎢, outshining even the glitteriest cryptos.

Just to give you some context, the total crypto market cap has only nudged up by a modest 7% over the last day. But when it comes to these RWA tokens, we’re talking double-digit gains. 💰

Take Chainlink:

LINK
$20.62

24h volatility:
9.0%

Market cap:
$13.15 B

Vol. 24h:
$2.18 B

—it soared 22%, blasting off from $17 to over $21. 🚀

Then, there’s Mantra:

OM
$5.95

24h volatility:
13.5%

Market cap:
$5.78 B

Vol. 24h:
$595.67 M

—a real underdog story here, with a 23% leap back to $6. 🥳 And don’t even get us started on Ondo Finance:

ONDO
$1.37

24h volatility:
11.9%

Market cap:
$4.33 B

Vol. 24h:
$856.54 M

—this guy sprinted 27% to $1.40. ⛹️‍♂️

But the crown jewel has to be Chintai:

CHEX
$0.57

24h volatility:
24.4%

Market cap:
$566.35 M

Vol. 24h:
$11.66 M

—rocketing 38% to $0.60. 🏆

At the time of writing, other RWA-focused tokens are still carrying on like it’s Christmas morning! 🎄

Say hello to these superstars: Algorand

ALGO
$0.29

24h volatility:
4.7%

Market cap:
$2.46 B

Vol. 24h:
$291.08 M

, Quant

QNT
$90.88

24h volatility:
4.4%

Market cap:
$1.32 B

Vol. 24h:
$82.48 M

, Pendle

PENDLE
$2.95

24h volatility:
13.2%

Market cap:
$486.49 M

Vol. 24h:
$185.52 M

, and XDC Network

XDC
$0.0981

24h volatility:
9.0%

Market cap:
$1.54 B

Vol. 24h:
$69.21 M

—all riding the gravy train! 🚂

Wall Street Can’t Keep Its Eyes Off

🤓 Now, before you grab your popcorn, the TVL for RWA tokenization didn’t just decide to go sky-high overnight. This fiesta started last November with a wider market boom, adding a solid $4 billion since then (that’s 26% for all you mathletes out there). 📈

Wall Street’s bigwigs are drooling over a $30 trillion opportunity with RWA tokenization. These predictions are based on growing interest from folks who love a good tokenization party.

According to RWA.xyz, private credit hogs nearly 70% of the onchain value, with the US Treasury debts grabbing 21%. 🏦

Industry experts, and maybe even mystics, are holding their breath, hoping the Trump administration will lift those pesky restrictions. Eli Cohen from Centrifuge says if this happens, RWA tokenization could spread faster than a cat video on the internet. 📺🐱

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2025-02-04 14:59