This cryptographic active is dominating the RWA space even in the midst of the market delay

The broader cryptographic market faces a recession, but some projects are still registering a significant network activity.

One of those assets is Ondo (Ondo), the native token of the Ondo ecosystem. It is a decentralized finance network (Defi) that takes advantage of blockchain technology to tokenize real world assets (RWAS).

ONDO DOMINA THE RWAS SPACE

According to a tweet from the Intotheblock market intelligence platform, Ondo is currently dominating the real world asset space. The asset has surpassed most RWA tokens and has the highest transaction volume.

$ ONDO The RWA space dominates, records the highest volume of transactions and exceeds other tokens, even in the current slow market pic.twitter.com/j7kv79dl1k

– Endotheblock (@intotheblock) February 19, 2025

The data of Endotheblock show that the volume of Ondo transactions was around $ 300 million, compared to other projects whose numbers are less than $ 40 million. A few weeks ago, Ondo’s transaction volume shot at approximately $ 450 million before a strong fall that saw the metric around $ 200 million. However, it has begun to increase again and is on its way to crushing the $ 300 million brand.

Although Ondo dominates transaction volumes, the same cannot be said of assets prices. Like the fifth largest RWA in Market Cap, Ondo was worth $ 1.23 at the time of writing, registering a slight increase in the last 24 hours. The asset fell 7% weekly and 6% monthly, according to data of coinmarketcap.

Ondo is among the most visited chips in Coinmarketcap, but the asset still lack The daily and monthly impulse is seen among its rivals.

ONDO registers significant developments

However, the Ondo project has registered several developments lately. The team recently presented The Ondo chain, a layer 1 block chain built for institutional degree RWAS. The developers said the ONDO chain was built to end the lack of necessary characteristics for regulated assets to thrive in the chain.

The new network aims to crush infrastructure barriers for tokenized regulated values. Barriers include incompatibility with defi, cross -chain liquidity fragmentation, high and volatile transaction rates and inappropriate safety. Ondo Chain combines the opening of public block chains with the compliance and safety characteristics of permitted networks.

In addition to the introduction of the Ondo chain, Ondo Finance recently insured A strategic collaboration with the president of the United States, Donald Trump, the Defi protocol, World Liberty Financial (WLFI), to accelerate the adoption of Tokenized Rwas. The alliance sees WLFI exploring the integration of the tokenized actives of Ondo into the WLFI network as assets of the Treasury Reserve.