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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.