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🌐 Real World Assets (RWA) at historic highs!
Tokenized real-world assets reached $22.1 billion — a jump of 10.5% in just 30 days, according to RWA.xyz. The growth was driven by private credit and U.S. Treasury debt.
🔍 In the last week, giants like BlackRock, Libre, and MultiBank announced new initiatives in RWA, reinforcing institutional adoption of this trend.
#Crypto #RWA #Tokenization #Blockchain #Binance
$BNB
Tokenized real-world assets reached $22.1 billion — a jump of 10.5% in just 30 days, according to RWA.xyz. The growth was driven by private credit and U.S. Treasury debt.
🔍 In the last week, giants like BlackRock, Libre, and MultiBank announced new initiatives in RWA, reinforcing institutional adoption of this trend.
#Crypto #RWA #Tokenization #Blockchain #Binance
$BNB
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🧠 Ethereum loses prominence among blockchains
The relative dominance of Ethereum among layer 1 (L1) blockchain networks has decreased, resulting in an "open race" to become the leading Web3 platform, according to Alex Svanevik, CEO of the data service Nansen.
"If you had asked me 3 or 4 years ago if Ethereum would dominate cryptocurrencies, I would have said yes," said Svanevik during a panel discussion at the LONGITUDE event by Cointelegraph. "But now, it’s clear that this is not what is happening."
Ethereum is still the most popular L1 network. According to data from DefiLlama, its approximately $52 billion in total value locked (TVL) represents 51% of the cryptocurrencies residing on blockchain networks.
However, Ethereum's dominance has drastically decreased since 2021, when the L1 controlled up to 96% of the total aggregated TVL.
$ETH #blockchain #ETH #ETH🔥🔥🔥🔥🔥🔥
The relative dominance of Ethereum among layer 1 (L1) blockchain networks has decreased, resulting in an "open race" to become the leading Web3 platform, according to Alex Svanevik, CEO of the data service Nansen.
"If you had asked me 3 or 4 years ago if Ethereum would dominate cryptocurrencies, I would have said yes," said Svanevik during a panel discussion at the LONGITUDE event by Cointelegraph. "But now, it’s clear that this is not what is happening."
Ethereum is still the most popular L1 network. According to data from DefiLlama, its approximately $52 billion in total value locked (TVL) represents 51% of the cryptocurrencies residing on blockchain networks.
However, Ethereum's dominance has drastically decreased since 2021, when the L1 controlled up to 96% of the total aggregated TVL.
$ETH #blockchain #ETH #ETH🔥🔥🔥🔥🔥🔥
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