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Cryptocurrency News Articles
RWA Market Recap: The Bloodbath Continues as 80% of Tokens See Red
Jan 30, 2025 at 12:03 am
If you’re an altcoin maxi, the past week probably hit hard. As a result, many altcoins are now testing their recent support levels, with several retracing their entire upward moves seen throughout December and early January.
The past week was rough for altcoin maxis, with over 80% of altcoins suffering significant losses. As a result, many altcoins are now testing their recent support levels, with several retracing their entire upward moves seen throughout December and early January.
Before we take a look at how the RWA sector was impacted, here’s a brief overview of the market situation.
Market Overview
The OG cryptocurrency is now hovering around the $102,000 price point—down 2.1% in the last seven days. This volatility hasn’t favored altcoins. In fact, over 80% of altcoins suffered a significant hit this week, with losses of 10-30% seen frequently among the top 100. Overall, the market is BTC-centric right now, with altcoin season not yet in the clear.
RWA Market Recap
Like most altcoin categories, the RWA sector suffered a blow over the last week. The sector is down 2.5% over the last seven days, with $2.7 billion shed from its market capitalization (mcap). Its mcap now stands at $67.3 billion, which is still just inches away from the all-time high of $72.1 billion seen on Jan. 20, 2025.
A handful of smaller RWA tokens also managed to stay in the green over the last week. The best performers include:
However, it’s perhaps more interesting to discuss this week’s most affected tokens—and there are a lot of them. Roughly 80% of RWA tokens are down over the last seven days. This week’s worst performers include:
According to DefiLlama’s narrative tracker, the real-world asset (RWA) sector held up particularly well over the last week, despite the shattering losses experienced by many RWA tokens. The sector experienced a mcap-weighted return of just -2.6%, making it the second-best performer of the 22 sectors tracked by the platform.
RWA News Roundup
Though the RWA token sector suffered a minor blow recently, significant developments continue in the background, boding well for the industry's future. Some of the most interesting developments for this week include:
>> That’s a wrap for this week’s RWA recap. Join us next Wednesday for another dose of RWA news, updates, and analyses.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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