Chainlink ($LINK) Lead the Pack of Top RWA Projects by Market Capitalization
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Real-World Assets (RWAs) are digital tokens depicting ownership of tangible or intangible assets. LunarCrush, a platform that utilizes artificial intelligence (AI) to analyze digital assets, including cryptocurrencies, has released its list of Top 15 Real-World Assets (RWAs) Projects based on market capitalization.
Market capitalization consists of 7D price change and Fully Diluted Valuation (FDV). These three parameters are used to calculate the Market Capitalization of RWA projects. Chainlink ($LINK) dominates the Top 15 RWA Projects by market capitalization.
Chainlink and Stellar Dominate RWA Space with Strong Weekly Gains
Chainlink ($LINK) leads the market with an FDV of $9.5B and a market capitalization of $6.9B, after getting a 7D price change of +4.9%. Subsequently, Stellar ($XLM) is in the chasing position in this race with $9.0B FDV,7D price change of +15.0%, and market capitalization of $5.9B.
There is a huge difference of 10.1% in the 7D price change of these RWA Projects, indicating that both are still in demand in the crypto market. Phoenix has released this news through its official social media X account.
$XAUT and $PAXG Anchor the RWA Sector
Tether Gold ($XAUT) and PAX Gold ($PAXG) got third and fourth position with $3.3B and $2.3B FDV, respectively. These RWA Projects also show a massive difference in terms of FDV, about $1.0B. While moving to price change, they have a negative difference of -0.2%. So, ($XAUT) stands with -1.0%, and ($PAXG) at -1.2% in 7D price change, respectively.
Furthermore, two more RWA projects achieved FDV in billions. In this, the first one is Ondi Finance ($ONDO), got $2.7B FDV and +7.6% 7D price change. It has a market capitalization of $1.3B. Ondo Finance ($ONDO) wins with the difference of only 393M to its nearest RWA project, Quant ($QNT), in market capitalization. Further, the next one is Quant ($QNT), situated with $907 in market capitalization, $1.1B in FDV, and +0.7% 7D price change surviving in the market.
Injective and Maple Gain Momentum in RWA Rankings
VeChain ($VET) and XDC Network ($XDC) seemed very close to each other in terms of market capitalization, with $629M and $619M, respectively. So, the difference between these RWA projects is 10M. But, they also highlight a minor difference in terms of 7D price change, which is about +2.7%, and in this way, ($VET) is placed with $634.3M and ($XDC) with $1.1B in FDV. Both RWA projects have a 7D change of +5.4% and +2.7% accordingly.
Additionally, two RWA projects are positioned at the 9th and 10th Injective ($INJ) and Maple ($MPL), with $336M and $276M in market capitalization, respectively. In this race, both RWA Projects got $335.8M and $288.8M in FDV, and +11.3% and +7.9% in weekly price change, respectively. Pendle ($PENDLE) comes at 11th position with $228M in market capitalization, with a positive change in price over 7D of +30.5%. It has $385.3M in FDV.
Goldfinch Jumps with Double-Digit Growth in RWA Space
Centrifuge ($CFG) and Polymesh ($POLYX) stand at 12th and 13th positions with a price change of +23.3% and +2.2%, over 7 days. Centrifuge ($CFG) and Polymesh ($POLYX) have market capitalizations of $145M and $54.3M, respectively. Centrifuge ($CFG) has an FDV of $170.6M, and Polymesh ($POLYX) also has $66.2M.
Mantra ($OM) appears at the 14th position with a negative price change of -0.6% over the last week, with $51.0M in market capitalization. It also has an FDV of $104.4M. Last but not least, Goldfinch ($GFI) gains +15.0% in price over 7D and has a market capitalization of $11.6M along with $15.2M in FDV.
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