So far this year, there has only been one sector that has truly continued to strengthen and reach new highs: RWA. The overall increase since the beginning of the year has exceeded 58%, especially with a significant net inflow of funds in the second quarter.

In contrast, AI and Depin have dropped by nearly half, while MEME has fared even worse, suffering a direct halving or more, and the staking sector has also seen a considerable pullback.

The strong performance of RWA can be attributed to several factors: assets like U.S. Treasuries provide high and stable returns, coupled with traditional giants like BlackRock and Franklin bringing their products onto the blockchain, which naturally attracts funds. Moreover, Ethereum, L2, and dedicated bridges have also built a very complete infrastructure for RWA.

Key tokens to pay attention to include ONDO, SYRUP, OM, CFG, POLYX, as well as the infrastructure-focused LINK and ALGO.