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Crypto

Cardano joins RWA tokenisation race, ranks fifth in growth among major chains

Cardano ranked fifth among major blockchains for 30-day growth in tokenised real-world assets (RWA), with value rising 23.1 percent to $55.3 million, The Crypto Basic reported. The ranking, compiled by the RWA Foundation using Token Terminal data, compared monthly RWA value growth across ecosystems. Cardano is smaller in absolute size than top chains but outpaced some large networks in growth. Its ecosystem is also expanding RWA infrastructure and partnerships.

Crypto

Tokenized stocks market cap hits record $2.3 billion

The market value of tokenized stocks hit a record $2.3 billion, Cointelegraph reported on Wednesday. Analysts said demand for blockchain-based equity products is rising as cryptocurrency exchanges roll out tokenized stock offerings. By network, Ethereum had the biggest share at 34 percent, followed by BNB Chain at 30 percent and Solana at 23 percent. Exchange products drove growth, while Ondo Finance remained the largest issuer.

Crypto

Robinhood chain boom raises question for Ethereum: tailwind or dilemma

Robinhood\'s Ethereum layer-2 network has expanded rapidly since its July 1 launch, lifting optimism about the Ethereum ecosystem. More than $141 million of ETH has been bridged in and wallets holding ETH have topped 500,000, while daily DEX volume has at times exceeded Ethereum mainnet and Coinbase\'s Base. Some see the project as a milestone for institutional adoption, but others argue L2 revenue contributes little to Ethereum mainnet so far.