Real-world asset (RWA) cryptocurrencies are gaining traction in the digital asset sector, with a combined market capitalization of almost $32 billion as of November 8, 2024. They represent tokens backed by tangible assets such as real estate, commodities, or art and collectibles. According to market intelligence platform Santiment, the top 10 RWA cryptocurrencies in terms of development activity in the last 30 days include Chainlink (LINK), Syntetix (SNX), Dusk (DUSK), Orachain Token (ORAI), and Sky (SKY).
LINK leads with a score of 739.6, showing a development activity explosion of 14,450% over the period. LINK’s price has risen by 16% in the last week, trading at around $13.20, with analysts predicting potential further gains toward targets of $32 to $102.
