RWA Market Growth Puts LINK, XLM, and ONDO Under the Spotlight
The tokenized real-world assets (RWA) market has experienced significant growth, expanding 18.1 times in three years to $44.6 million.
Excluding stablecoins, this growth can be attributed to institutional demand for yield-bearing products.
Three tokens tied closely to this infrastructure, LINK, XLM, and ONDO, are now at technically important levels where the next move could have a significant impact.
LINK has bounced from an important demand area in August and is heading towards its 200-EMA on the weekly chart near $13.83.