The total cryptocurrency market capitalization surged over $3.8 trillion, registering a notable 2.3% increase within 24 hours. This recovery was significantly fueled by outperformance in the Real World Asset (RWA) token sector.
Tokens representing exposure to real-world assets demonstrated substantial gains, averaging a sector-wide increase of approximately 6.9%. Leading this growth were Stellar (XLM), Injective (INJ), and Keeta (KTA). Notably, Stellar’s native token traded at $0.4083, while Keeta closed at $1.07, exhibiting technical resilience above its middle Bollinger Band.
Ondo Finance (ONDO), acknowledged as a key institutional player within the RWA space, posted more modest gains of 2.56% but retained its solid fundamental positioning.
Market analysis indicates that despite the recent volatility observed in top-performing RWA tokens like Stellar and Keeta suggesting potential short-term pauses in the rally, this activity may represent an accumulation phase for investors anticipating longer-term sector growth, further underpinning the market’s overall recovery.