Top 10 RWA Cryptocurrencies by Development Activity – Details

TL;DR

The leading token in the Real World Asset (RWA) category shows higher development activity compared to its rivals. Despite a recent drop in value, analysts are optimistic about a potential major rebound in the prices of this asset in the near future. This is the Winner

Real-world assets (RWAs) represent certain physical assets, such as objects, properties, and others, and operate on the blockchain using smart contracts. They have become quite popular lately, with a market capitalization equal to billions of dollars.

According to market intelligence platform Sentiment, the leading such token with the most development activity recorded in the last 30 days is Chainlink (LINK).

“Chainlink currently produces 2.49 times more daily activity than the next most active project, Synthetix, in the RWA sector,” the entity said. claimed.

Centrifuge (CFG), Dusk (DUSK) and Orai Chain (ORAI) rounded out the top 5 list.

“Santiment extracts notable github activity from project repositories through a post-testing process to ensure that only meaningful team efforts to innovate and improve are included,” the platform explained.

LINK Price Predictions

Despite falling 10% on a two-week scale, several analysts remain optimistic that LINK’s value will experience a bullish run in the near future.

Popular X user Ali Martinez claimed that the TD (Tom DeMark) Sequential “is flashing the buy signal on the Chainlink 12-hour chart.” He surmised that LINK’s valuation could rise to $15.50 if it holds above the critical resistance level of $13.87.

Michael van de Poppe was also bullish, describing the token as one of the top 5 altcoins that can generate a 3x increase in BTC “with the least risk”.

Subsequently, CryptoWolf placed LINK on the list of “mooners” for the next bull cycle, while SlumDOGE Millionaire argued that it is one of the top “blue chip” cryptocurrencies of the moment.

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