RWA is indeed one of the directions where blockchain can be implemented, but for retail investors in the industry, it is mostly a bubble.
The media hasn't highlighted the main issue, what is the biggest problem?
Traditional high-quality offline assets will not go on-chain or have very low returns.
Those that choose to go on-chain are mainly poor liquidity, junk assets.
In my years in the circle, from the earliest chain reform in 2017 to STO to RWA, the problems remain the same. The first two years have already ended in failure; RWA won't, but for retail investors, what they want is to make money, and the current problems seem difficult to resolve.
The only option is to have short-term speculation when the market is good