July RWA Sector Leads Crypto Narratives, On-Chain Market Cap Surpasses $32.2 Billion to Set New All-Time High
Source:
x.com
According to CryptoRank data, the Real World Asset (RWA) token sector led major crypto market narratives in July, with a median return of 10%. As of July 24, the market capitalization on RWA chains increased to $32.2 billion, up 12.3% from early July, and surpassed the previous historical high set in April. This indicates that traditional asset tokenization remains one of the key themes in the crypto market for July.