$BB 4.3% increase in price over the past 24 hours aligns with bullish sentiment around its RWA staking innovations and increasing institutional integrations.
The launch of the xRWA protocol enables tokenized equity staking, enhancing the utility of BB.
Collaboration with Coinbase INTX (July 26) enhanced liquidity for products with compound yields.
Oversold recovery from key technical support at $0.074 (Fibonacci's lowest point).
Deep dive @BounceBit #BounceBitPrime
1. Main catalyst: Adoption of the xRWA protocol
The BounceBit xRWA protocol (launched on July 15) enables the native staking of tokenized equities like Apple and Tesla on its PoS network. This:
Creates new demand for BB as a staking companion asset
Expands use cases to go beyond native crypto assets (BTC/ETH) to traditional markets
Coincides with a 22.3% increase in price over the past 30 days, indicating sustained institutional interest.
2. Support factors: Infrastructure enhancements
Recent partnerships with Coinbase INTX (over $900 million in open interest) and Bybit ($20 billion in liquidity) improved the execution capability for BounceBit yield strategies. These integrations enable:
Enabling delta-neutral trading on a larger scale for BB-backed products
Mitigates counterparty risk through venue diversification
Aligns with the launch of BB Prime in June 2025 (community post), targeting regulated RWA yields.
Conclusion
Reflects BB's recovery optimism about its hybrid CeDeFi model that bridges TradFi yields and crypto liquidity, although trading volume remains 26% lower than the 24-hour average.
Will regulatory clarity on tokenized equities enhance BB's position as an RWA gateway? $BB