The RWA sector was already trending for a few reasons:


→ Institutional money was already moving into tokenized Treasuries
→ More issuers and bigger products were gaining traction
→ RWAs were becoming more useful for onchain cash and collateral
So I think the April ATH made even more sense once DeFi FUD started to kick in and things got shakey.
It gave people a way to park their cash in a “safer,” yield-bearing place while still staying onchain and earning a bit of cash on the side.
IMO this is what a risk-off move looks like in crypto.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin