- Chainlink and Synthetix dominate RWA development, driving DeFi and blockchain growth.
- Maker gains momentum with a 14% weekly rise, boosted by stablecoin infrastructure.
- Mixed performance in RWA tokens shows contrasting trends among smaller-cap projects.
Over the past 30 days, development in the Real World Asset (RWA) sector has accelerated sharply, with Chainlink and Synthetix emerging as top leaders. According to Santiment, an analytic firm, these projects are driving innovation and building momentum within the crypto space.
While the spotlight remains on major players, several other platforms are making noticeable gains. The shifting dynamics signal increased developer activity and broader interest in the tokenization of real-world assets.
🧑💻 Here are crypto's top Real World Assets (RWA's) by development. Directional indicators represent each project's ranking rise or fall since last month:
— Santiment (@santimentfeed) March 27, 2025
➡️ 1) Chainlink $LINK 🥇
➡️ 2) Synthetix $SNX 🥈
📈 3) Maker $MKR 🥉
📉 4) Dusk $DUSK
📉 5) Reserve $RSR
📈 6)… pic.twitter.com/iituDYv5z1
Chainlink and Synthetix Dominate RWA Activity
Chainlink ($LINK) has taken the top spot in RWA development. Priced at $14.67, it holds a market cap of $9.36 billion. Despite a 6.24% drop in the last 24 hours, it’s still up 3.59% over the past week.
Chainlink continues to lead through its Oracle infrastructure, connecting real-world data to blockchain environments. Its consistent growth in development activity shows a strong commitment to expanding decentralized data services.
Synthetix ($SNX) follows closely, ranked second. Its price currently sits at $0.8656, with a market cap of $293.8 million. Although the token dropped 5.84% in the last 24 hours and 1.01% over the week, Synthetix remains a core pillar in decentralized derivatives. The recent uptick in development suggests new features or integrations could be on the way.
Maker on the Rise, Boosted by Price Momentum
Maker ($MKR), which ranks third in development, is showing strong performance on both technical and price fronts. It is trading at $1,425.85, backed by a market cap of $1.2 billion.
The token has seen a 14.14% rise in the last 7 days, despite a 3.39% daily decline. Maker continues to refine its stablecoin infrastructure, drawing investor attention amid broader DeFi expansion.
Mixed Signals for Other RWA Tokens
Not every RWA project is surging. Dusk ($DUSK), at $0.08353, is down 13.53% over the week and 8.87% in 24 hours. Similarly, Centrifuge ($CFG), priced at $0.1443, declined 0.96% in 7 days. Lumerin ($LMR) is the worst performer this week, falling 15.53% to $0.00391.
However, not all smaller caps are struggling. Reserve Rights ($RSR) climbed 27.46% over the past week, priced at $0.007247. Oraichain ($ORAI), now $2.97, and Polymesh ($POLYX), at $0.138, both showed modest weekly gains.
