The real-world asset (RWA) market is making notable progress in the development activity. In this respect, ChainLink ($LINK), Hedera ($HBAR), and Avalanche ($AVAX) are the leading players in terms of RWA development activity. As per data from Santiment, the other prominent names on the list include Stellar ($XLM), IOTA ($IOTA), Axelar ($AXL), Chia Network ($XCH), VeChain ($VET), Injective ($INJ), and Centrifuge ($CFG). The rising development activity reflects the growing attention given to connecting blockchain solutions with conventional finance.
ChainLink ($LINK) Dominates Top DeFi Projects for RWA Development
Particularly, ChainLink ($LINK) is the top platform when it comes to RWA development activity. Hence, the platform’s RWA development activity has surged to 366.53 over the past month. In addition to this, Hedera ($HBAR) stands in the 2nd position as its RWA development activity has attained the 271.6 mark in the meantime.
Subsequently, Avalanche ($AVAX) has occupied the 3rd rank in 30-day RWA development activity. Thus, the project has effectively touched the 136.67 spot. Coming after that is Stellar ($XLM), with its RWA development activity hitting 112.37 over the month. The next player is IOTA ($IOTA), as it has successfully attained the 96.67 figure in the case of RWA development activity. Following that, Axelar ($AXL) has surged to the 6th position, claiming 77.43 points in RWA development ranking for last thirty days.
Centrifuge Bottoms List with 17.03 Points in RWA Development Activity
Santiment’s list of key projects in line with the 30-day RWA development activity adds Chia Network ($XCH) in the 7th position. Specifically, the project accounts for 55.3 points in this regard. Along with that, VeChain’s ($VET) 52.27 points have placed it in the 8th rank in monthly RWA development activity. Additionally, with 45.93 points, Injective is the 9th player on the list. Then, concluding the top-10 list for 30-day RWA development activity is Centrifuge with 17.03 points.
