According to PHOENIX, a leading crypto media outlet, several Real-World Asset (RWA) tokens have demonstrated impressive trading volumes this week. Leading the pack is $ONDO, which recorded a staggering trading volume of $1.23 billion. This significant figure underscores the strong market interest in $ONDO. It also has set the tone for other high-performing tokens.
$PENDLE Hits $894M Weekly Volume, Gains Popularity Along $ONDO
Following it is $PENDLE that trades at a weekly volume of $894 million. The increased volume of trades involving $PENDLE suggests that it is becoming more popular among traders. Closely behind $MKR, the trading volume reached $738 million, strengthening the position of the token as one of the most popular in the RWA segment. The kind of momentum observed in these top tokens can be seen as a sign of growing interest in RWA assets.
In addition to above, $POLYX and $TRU recorded $128m and $122m in trading volume respectively. While these tokens are not as top-tier as the leaders in terms of market interaction, they are still on the rise and gaining more power in the RWA market. The trading volumes of $TOKEN at $98.2 million and $PRCL at $87.8 million depict the overall interest in RWA tokens.
$PAXG, $RVN, $DUSK Among Top RWA Tokens with High Trading Volumes
Completing the list of hot favorites, $PAXG at $72.8 million, $RVN at $72.1 million, and $DUSK at $67.3 million remain popular among traders. The above data from PHOENIX gives an idea of how deep the RWA market is flourishing with even small tokens such as $CTC ($60.7M), $RIO ($56.8M), $CHR ($52.1M), $ZERO ($47.9M) and $GFI with $18.6M volumes.
Lastly, the high trading volumes of these tokens clearly indicate towards the rising and dynamic demand and market presence of the RWA token and other several underlying assets.
