🔥 TOP 10 RWA projects by dev activity per month (according to Santiment):

1. Chainlink ($LINK ) — the main DeFi oracle and a bridge to traditional markets.

2. Avalanche ($AVAX ) — actively developing tokenization through subnet networks.

3. Stellar ($XLM ) — focus on international settlements and CBDC.

4. IOTA ( IOTA ) — IoT + RWA: building infrastructure for the machine economy.

5. Injective ( INJ ) — derivatives and real-world assets on custom L1.

6. Axelar ( AXL ) — cross-chain communication between RWA platforms.

7. Chia ( XCH ) — a green blockchain with a focus on enterprise tokenization.

8. Hedera ( HBAR ) — government and enterprise focus on digital identity and assets.

9. VeChain ( VET ) — logistics, supply chain tracking, registries.

10. Centrifuge ( CFG ) — a pioneer in DeFi pools for tokenized bonds and accounts.

📊 Developer activity is one of the most reliable fundamental indicators. RWA is the focus of the strongest teams.