Ondo

Pendle

World

Chromia

Partner

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrencies-focus-on-real-world-assets/" data-wpel-link="internal">Cryptocurrencies Focus on Real-World Assets</a><br></p>
<p style="text-align: justify">Cryptocurrencies focused on Real World Assets (<strong>RWA</strong>) have experienced significant growth and fluctuations in recent months. This field, involving the tokenization of physical assets and properties through Blockchain technology, has seen dynamic periods in market value. The figure, which reached nearly $9 billion earlier this year, recently dropped to around $6 billion due to a broader market correction in the cryptocurrency environment. Among the various players in this field, some stand out with their remarkable performances and future growth potentials. Here are those cryptocurrencies.</p> 
<h2 style="text-align: justify" id="ondo-finance-ondo">Ondo Finance (ONDO)</h2> 
<p style="text-align: justify"><strong>Ondo</strong> (ONDO), with a market value of approximately $1.4 billion and a trading price around $1, is currently the largest cryptocurrency in the RWA sector. Launched in January 2024, Ondo quickly stood out and reached an all-time high of around $1.50 in June.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-368676 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/blockchain-11.jpg" alt="" width="740" height="415"></p> 
<p style="text-align: justify">Ondo serves as the governance token for Ondo Finance, a New York-based company focused on the tokenization of traditional financial assets such as bonds and US Treasury bonds. This rapid rise and subsequent market correction make Ondo a cryptocurrency to watch.</p> 
<h2 style="text-align: justify" id="mantra-om-and-pendle">Mantra (OM) and Pendle</h2> 
<p style="text-align: justify"><strong>Mantra</strong> (OM), with a market value of over $700 million, is another significant player in the RWA market. Launched in August 2020, Mantra reached its peak price of $1.09 last month. Despite the general downturn in the <a href="https://en.coin-turk.com/understanding-cryptocurrency-investors-a-study-by-hong-kong-investment-commission/" data-wpel-link="internal">cryptocurrency market</a>, OM saw a remarkable annual increase of 3,000%, making it one of the top 100 cryptocurrencies that have gained recently.</p> 
<p style="text-align: justify"><strong>Pendle</strong> (PENDLE), a Blockchain protocol focused on fixed incomes and yield tokenization, offers decentralized <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">financial services</a>. Designed to operate on multiple Blockchains, Pendle incorporates automated market making for efficient trading. Pendle reached an all-time high (ATH) of over $7 this April. However, it was heavily affected by the recent market crash and is currently trading around $3.80.</p> 
<h2 style="text-align: justify" id="chromia-chr">Chromia (CHR)</h2> 
<p style="text-align: justify"><strong>Chromia</strong> (CHR), a Blockchain platform and cryptocurrency developed to provide scalable and decentralized infrastructure for decentralized applications (dApps) and <a href="https://newslinker.co/category/gaming/" target="_blank" rel="noopener" data-wpel-link="exclude">games</a>, offers a unique value proposition. Chromia’s price reversed negative market trends and surpassed the $0.26 mark with a daily increase of 8%.</p> 
<p style="text-align: justify">This rally coincided with Chromia joining the AWS Partner Network, significantly increasing its visibility and accessibility. The Chromia team highlighted this success, stating that it would connect Chromia’s infrastructure to the AWS Marketplace, accessed by millions of customers. Additionally, the launch of Chromia’s MVP Mainnet on July 16 is expected to further strengthen its market position.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrencies-focus-on-real-world-assets/" data-wpel-link="internal">Cryptocurrencies Focus on Real-World Assets</a></h5>

Cryptocurrencies Focus on Real-World Assets

Table of Contents

COINTURK NEWS

Autres articles publiés le 7 juil. 2024

Legendary Trader Peter Brandt Spots Major Bitcoin (BTC) Buy Signal

Raised Over $3.3 Million, MoonBag Becomes the Top Crypto Presale While Internet Computer (ICP) an...

Uniswap Holders Unstable, UNI Rally to $16 Might Have to Wait

Attention Bitcoin Investors! There are Very Critical Economic Developments and Altcoin Events in ...

XRP Repeats a Familiar Pattern, Sign of More Significant Price Pumps Ahead?

Crypto funding rates take a dip – How will Bitcoin, Ethereum be impacted?

Join our free newsletter for daily crypto updates!