📈 @BounceBit $BB Rises on xRWA Launch & Tokenized Stock Momentum❗
BounceBit is up 3.3% in 24h, supported by the launch of its xRWA protocol and growing anticipation for tokenized stock staking in Q4.
🔹 Key Drivers:
1️⃣ xRWA Protocol Launch (July 15)
Users can now stake tokenized stocks like Apple & Tesla directly on BounceBit’s PoS network.
• Eliminates bridge risk
• Offers 13% APY on real-world assets (RWA) with BB or BTC
• Positions BounceBit as a hybrid staking/trading hub
2️⃣ Q4 Tokenized Stock Plans
Confirmed plans to release globally diversified tokenized equities later this year.
• Expected to integrate DeFi functions like collateralization & spot trading
• Mirrors successful strategies like BlackRock’s BUIDL (24% APY)
• Weekly social buzz up 42%, signaling rising retail speculation
3️⃣ Technical Rebound from Oversold Levels
• RSI7 at 30.67, near oversold threshold
• Price found support at $0.0945 (Fib 61.8%)
• MACD turning less bearish, short-term momentum improving
BB’s rebound is driven by product innovation, strong future narratives, and technical support. Still, it trades 71% below ATH. Sustained adoption, especially in RWA staking, will be key.
Can BounceBit surpass $50M TVL in RWA staking by September? That milestone could confirm product-market fit.
