The CoinMarketCap Fear & Greed index currently sits at 84/100—extreme greed. We think that accurately sums up the state of the market right now.
TL;DR…
- Bitcoin Reaches New High: BTC hit $93,000, now at $88,400, driven by Trump’s election, U.S. Bitcoin reserve plans, and institutional buys.
- RWA Market Sees Gains: Six of the top 10 RWA tokens rose, led by Ondo (+16.5%) and Avalanche (+12.9%), while Axelar fell (-9.2%).
- Top RWA Performers: Smaller tokens like Alvara Protocol (+250%) and Propy (+52.3%) surged; Maple and Propbase saw declines, pushing RWA mCap to $33.5B.
- Key RWA Sector Updates: Highlights include Peaq’s token launch, BlackRock’s fund expansion, and ISON’s €150M real estate tokenization initiative.
The CoinMarketCap Fear & Greed index currently sits at 84/100—extreme greed. We think that accurately sums up the state of the market right now.
But for those looking for more concrete figures, let’s take a look at how recent events have impacted the RWA sector.
>> Missed last week’s RWA update? Check it out here.
Market Overview
In case you haven’t seen the headlines, Bitcoin (BTC) just achieved a new all-time high, exceeding $93,000 at its peak.
Source: Bitcoin (BTC) Coin Page
It’s currently hovering around the $88,400 price point after a slight pullback. This is more than 20% higher than the previous all-time high achieved back in March.
The reasons behind this move are numerous. Donald Trump’s election win over Kamala Harris, plans to establish a Bitcoin reserve in the U.S., massive institutions scooping up BTC, and recent rate cuts. It’s a perfect storm for growth.
The altcoin market hasn’t been left out of the action either. Though Bitcoin dominance still sits at almost 60%, the altcoin market exploded to over $1 trillion in market capitalization this week, its highest value since June 2024.
RWA Market Update
It isn’t just Bitcoin that’s booming right now. Many RWA tokens are also in the green over the last week.
As it stands, six of the top 10 largest RWA tokens by market cap are up during the last seven days, with Axelar (AXL) being the weakest link.
Among the top 10, Ondo (ONDO) and Avalanche (AVAX) are the two best performers, gaining 16.5% and 12.9% respectively. Meanwhile, Axelar (AXL) is the worst, suffering a significant 9.2% loss.
Axelar has gone from being one of the best-performing RWA tokens over the last 30 days to one of the worst. The exact opposite can be said for Chainlink (LINK).
Examining some of the smaller RWA tokens, we find several tokens performing particularly well. Among the top 100 RWA tokens by market cap, these are the best performers (excluding low-volume assets):
- Alvara Protocol (ALVA): gained 250%
- Propy (PRO): gained 52.3%
- Creditcoin (CTC): gained 47.9%
- TokenFi (TOKEN): gained 16.5%
Conversely, here are the worst performers out of the top 100 (excluding low-volume assets):
- Maple (MPL): lost 33.5%
- Propbase (PROPS): lost 14.3%
- Chintai (CHEX): lost 12.6%
- Clearpool (CPOOL): lost 12.7%
Source: Real World Asset Tokens Page
Despite the mixed bag, the total market capitalization of RWA tokens is up from $30.2 billion to $33.5 billion in a week, representing a gain of 10.9%. This is its highest value since early August 2024.
In terms of relative performance, the RWA sector is one of the worst performers by seven-day mCap weighted returns, per DefiLlama’s narrative tracker.
Click here to keep tabs on your favorite RWA tokens.
RWA News Recap
As one of the most bullish weeks on record for the RWA sector, the space was filled with an array of interesting news, updates, and developments.
We’ve gathered the most important stories to help you catch up:
DWF Labs and UCLA Partner for RWA Education Initiative: Crypto market maker DWF Labs has partnered with the University of California, Los Angeles (UCLA) to develop educational programs on tokenized securities, aiming to enhance understanding of real-world asset tokenization and its potential to transform traditional finance.
Peaq Token Launches and Touches $2 Billion FDV: Peaq, a blockchain platform for decentralized applications and tokenized assets for the Web3 economy, launched its native token this week. The token peaked at over $0.5 before slipping to around $0.31 as of writing, at a fully diluted valuation (FDV) of $1.3 billion. (source)
BlackRock Expands Tokenized BUIDL Fund to 5 New Chains: BlackRock is expanding its tokenized money market fund, BUIDL, beyond Ethereum to five additional blockchains: Aptos, Arbitrum, Avalanche, Optimism and Polygon. The tokenized money market fund invests in cash, U.S. Treasury bills, and repurchase agreements, and is designed to offer qualified investors stable value and daily accrued dividends.
ISON Launches €150M Tokenized Real Estate Investment: Real world asset development firm, ISON, has launched a €150 million ($158M) tokenized real estate investment in Norway, utilizing Reltime's AI and blockchain technology to digitize property assets, enabling fractional ownership and enhancing liquidity in the real estate market. (source)
Outlier Ventures and Singularity Finance Launch RWA Accelerator: Web3 accelerator firm Outlier Ventures has partnered with Singularity Finance to launch the RWA Base Camp Accelerator, supporting startups in real-world assets (RWA) through funding and guidance on legal, tokenomics, and community-building. The program aims to expand blockchain’s role in traditional finance integration, providing select startups with $100,000 in funding.
>> That’s all for now! Join us next week for more RWA news, developments and market updates!
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