Santiment Reveals Top RWA Altcoins for 2024; Chainlink in the Lead!

Santiment, a leading financial market data platform, has recently unveiled its insights into the top Real-World Assets (RWAs) in the cryptocurrency realm. Using an innovative analysis based on GitHub activity, Santiment has curated a list of RWAs, ranking them according to their robust development and active projects.

Here’s everything you need to know.

Chainlink Takes Center Stage

At the forefront of Santiment’s list stands Chainlink (LINK), dominating the RWA sector with unparalleled development activity, surpassing its competitors by threefold. The remarkable performance of Chainlink demands our attention as it continues to set new standards for growth and innovation.

Despite challenging market conditions, Chainlink has demonstrated remarkable resilience, securing substantial profits amidst the ongoing bull market. Over the past year, LINK has surged by nearly 160%, a testament to its unwavering commitment to development excellence, exemplified by groundbreaking innovations such as Chainlink Automation 2.0.

Read More: Here’s Why the Bitcoin Price Crashed by 5.60% Today

Top Contenders

Accompanying Chainlink in the league of RWA champions are prominent names such as Synthetix (SNX), Oraichain (ORA), Maker (MKR), and Dusk Foundation (DUSK), comprising the top five spots in Santiment’s prestigious list.

However, not all stars shine equally in the crypto sphere. Oraichain (ORAI), currently priced at $14.83, has experienced a week of decline amidst bearish market conditions, witnessing a 3.80% downturn in the past seven days. Despite reaching its peak on February 19, 2021, with a record high of $105.76, ORAI’s current standing reflects an 85.91% decrease from its all-time high.

Completing the ensemble of top RWAs are Centrifuge, Plymesh Network, Bonson Protocol, Reserve Protocol, and Propy Inc., as revealed by Santiment’s comprehensive research.

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Paving the Way Forward

While each project adopts a unique approach to RWA integration, collectively, these tokens represent the growing convergence of blockchain technology and traditional assets.