The Real World Assets (RWA) sector combines cryptocurrencies with physical and intellectual property assets such as gold and real estate. Despite the current market volatility, this niche has maintained a market cap of $6.21 billion, a slight decrease of 5.2% from the previous day. Investors looking for stable opportunities in July should consider Pendle (PENDLE), MANTRA (OM), Ondo (ONDO), and XDC Network (XDC).
1. PENDLE
Pioneering platform Pendle (PENDLE) facilitates the tokenization and trading of anticipated earnings through a proprietary automated market maker customized for assets that depreciate over time. This innovation gives investors greater flexibility and strategic opportunities regarding future earnings.
Pendle Price Chart
As of today, Pendle is priced at $3.49, with trading volume reaching $84 million in the last 24 hours. Currently, Pendle is down 6.52% since yesterday. It is ranked 102nd on the CoinMarketCap rankings, with a market cap of $543 million. The entire cryptocurrency market is going through a phase of consolidation this week.
This follows the recent economic downturn, stabilizing a volatile market. Over the past year, Pendle has increased in value by more than 250%, establishing itself as a key asset during continued market volatility.
2. Mantra (OM)
MANTRA (OM), an innovative security RWA Layer 1 blockchain, is designed for easy integration and compliance with existing regulatory frameworks. It targets institutions and developers, providing a permissionless infrastructure that can easily accommodate permissioned applications.
MANTRA’s current price is $0.9086, showing a 4% daily increase and a 14% weekly increase, indicating strong bullish momentum in the market. Ranked 77th on CoinMarketCap, MANTRA boasts a market cap of $752 million.
3. Ondo (Ondo)
Ondo (ONDO) continues to shape the trajectory of the Ondo DAO in line with its mission to democratize top-tier financial services. The organization will grant ONDO token holders certain advantages when transacting with Flux Finance, which is managed by Ondo DAO. Attention has been focused on Ondo Finance as BlackRock considers tokenizing real-world assets (RWA).
Ondo Finance’s flagship cryptocurrency has experienced a staggering 467% increase in value over the past year. This growth has led to a significant increase in ONDO’s market presence, which is now twice its size. Large investors (so-called whales) have moved large amounts of tokens off exchanges, signaling firm belief in the potential of asset-backed tokens.
ONDO is trading at $0.9174, down 1% following recent market volatility. Ranked 57th on CoinMarketCap, ONDO currently has a market cap of $1.2 billion. With market enthusiasm remaining strong, predictions are that ONDO could reach new highs in July, positioning it as the best real-world asset altcoin to invest in amid continued market volatility.
4. XDC Network (XDC)
XDC Network (XDC) brings together a hybrid blockchain system that blends the openness of a public network with the efficiency of a private network. It is designed to empower financial services with advanced blockchain technology and robust infrastructure. The network enables faster transactions while ensuring interoperability and improved security through its proprietary XDPoS consensus protocol.
XDC Price Chart
XDC price has fallen 1% in the past 24 hours to $0.00286. Despite the slight decline, the robust structure of the XDC network makes it a first choice for investing in real-world asset (RWA) cryptocurrencies. It is ranked 126th on CoinMarketCap with a market cap of $427 million. This position highlights its stability and potential in a volatile market.
Bottom Line
Given the ongoing market volatility, RWA tokens such as Pendle, MANTRA, Ondo and XDC Network are valuable investment choices, as their connection to tangible assets increases the potential for stability and growth.
Frequently Asked Questions (FAQ)
RWAs are tangible and intangible physical world assets, such as real estate and stocks, that are digitized as blockchain tokens.
While RWA is a physical asset, the value of cryptocurrency fluctuates based on market trends such as scarcity and network size.
RWAs are divisible and fungible tokens tied to physical assets, unlike NFTs, which are unique and indivisible.
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