Why LUMIA Jumped 65% in 24 Hours — Real Estate Goes On-Chain with $220M Tower Deal
LUMIA soared over 65% following the announcement of Lumia Towers — a $220 million skyscraper project in Istanbul set to become the first fully tokenized real estate asset on the blockchain. 📡 With 300 units and 50,000m² of space under Web3-native ownership, this major real-world asset (RWA) move sparked a wave of speculative interest.
🔗 What boosted momentum even more? The launch of Avail integration, enabling smooth cross-chain transfers — a game-changer in solving liquidity fragmentation, one of RWA’s biggest challenges. It’s the infrastructure upgrade the space needed.
📈 Market conditions also played a role. As altcoins rallied and derivatives volume jumped 87%, capital rotated out of Bitcoin. LUMIA’s trading volume exploded, rising 195% above its 30-day average.
🎯 Technical indicators like RSI and MACD still show potential for further upside — but the big question is:
Can Lumia Towers attract meaningful TVL and institutional backing?
Is LUMIA shaping up to be the leading RWA token in the real estate space? On-chain data will soon reveal the answer.