RWA Tokenization Market Shows Resilience Despite Price Dip
RWA tokenization market attracts long-term investors despite pullback, as data shows a minor 2.29% dip in total market cap to $45.76 billion. Trading volume dropped 16.74% to $1.87 billion, while on-chain value fell 5.49% to $18.91 billion over the past month.
User Growth Signals Long-Term Confidence
Despite short-term price weakness, user activity is increasing. The number of RWA asset holders grew by 6.12% to 98,820, signaling strong investor belief in the sector’s future potential. Historically, user growth tends to precede bullish market cycles.
OM Token Faces Sell Pressure, Mantra Plans Burn
OM dropped 6.41% to $0.4959 amid insider trading rumors. Mantra, the RWA tokenization platform behind OM, announced plans to burn up to 300 million tokens — roughly 16.5% of total supply — to stabilize its price.
HBAR and SUI Show Strategic Progress
Hedera (HBAR) dipped 2.17% to $0.1856, but remains fundamentally strong after partnering with Tokeny Solutions, a tokenization firm working with ABN AMRO and BNP Paribas. SUI trades at $3.56, with a potential bearish impact from the upcoming May 1 unlock of 74 million tokens worth $267.88 million. Still, its TVL has surpassed $1 billion, approaching $2 billion, reflecting growing user trust.
ONDO and ALGO Gain Strategic Momentum
ONDO draws attention with ultra-bullish Elliott Wave projections of $8, $20, or even $30. ALGO trades at $0.2277, down 2.32%, but gaining adoption thanks to a pilot for a decentralized Universal Chess Passport in partnership with World Chess — a use case with potential for over 600 million chess players globally.
