The RWA (Real World Assets) track has been extremely hot recently. As traditional institutions make large-scale entries, the asset classes mapped on the chain are becoming increasingly diverse—government bonds, real estate, commodities, and more. Data shows that the locked value of RWA protocols in DeFi has surged threefold year-over-year, which is quite rare in a bear market.

From a market correlation perspective, the signals are very clear. BTC is at 87,466.2, ETH at 2,929.59, and mainstream assets like BNB, SOL, and others are also steadily rising, providing ample liquidity for RWA infrastructure tokens. Projects like MKR and CFG have recently performed notably well.

Several trends worth paying attention to include: the tokenization of US debt has grown by 480% in half a year, and institutional holdings of government bonds via blockchain are no longer new. The process of bringing alternative assets like real estate and carbon credits onto the chain is accelerating, especially as many compliant solutions have been launched in the Asian market recently. Additionally, the integration of RWA and AI narratives—oracle and asset verification technologies—has attracted significant capital investment.

However, it is important to always monitor the transparency of underlying assets and the compliance framework. In the short term, fluctuations in interest rate policies may impact yield-oriented RWA products, so this area requires close attention.