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Santiment Unveils Top Real-World Asset Coins: Chainlink Leads, Followed by Synthetix, Oraichain, Maker and More
Santiment, a leading financial market data platform, recently shared its insights on cryptocurrency’s top Real-World Asset (RWA). Using GitHub activity to analyze their performance, Santiment has compiled a list of RWAs that rank as per their growing development and active projects.
As per Santiment’s research, the top RWA-related coins, based on development frequency and insights from non-redundant GitHub activity averaged over the past 30 days, are as follows –
Chainlink Leads the Pack
According to Santiment’s analysis, Chainlink ($LINK) is the frontrunner in the RWA sector, boasting over three times the development activity of its closest competitors. Let’s delve deeper into the significance of Chainlink’s leadership and growth trajectory –
Chainlink has shown incredible resilience in its recent bearish market trends. Previously, Chainlink managed to grab huge profits from the ongoing bull market. $LINK has surged just under 160% in the past year. Part of this surge can be linked to Chainlink’s constant development, like the new Chainlink Automation 2.0.
Synthetix, Oraichain, and the Top 5
Among the top contenders of Chainlink as identified by Santiment in their RWA list are – Synthetix (SNX), Oraichain (ORA), Maker (MKR), and Dusk Foundation (DUSK), coming at the top 5.
Oraichain (ORAI) is today at $14.83. ORAI has shown a week of the bearish market with a 3.80% fall in the last 7 days, leading to its underperformance in the global crypto market. Oraichain reached its golden days 3 years back on February 19, 2021, when trading at the highest price ever $105.76. Currently, it has fallen by 85.91% from its ATH.
The remaining 5 that top come in the top 10 list RWAs are – Centrifuge, Plymesh Network, Bonson Protocol, Reserve Protocol, and Propy Inc. – as given by Santiment’s findings.
While each project may approach RWA integration differently, these tokens have collectively contributed to the growing conjunction of blockchain technology and traditional assets.