Important collection restaurants
The total crypto market capitalization has recovered $ 3.8 trillion. RWA is the best performing category, an increase of 6.9%. KTA, INJ and XLM lead this sector through profit. Will this continue for the rest of the week?
The total cryptomarkt recovered the $ 3.8 trillion point on August 4 and recovered from a dip below $ 3.70 trillion.
Market capitalization increased by 2.3% in 24 hours and marked a short break of recent corrections.
Under all categories, the Crypto sector of the Real World Asset (RWA) led by a profit of an average of 6.9% from 4 August. Of course questions followed – were this just a flash rally or the start of something bigger?
Best performing RWA-Tokens
Stellar [XLM]Injective [INJ]and Keeta [KTA] led the RWA rally, bump Profit of 9.34%, 7.16%and 7.09%respectively, at the time of press.
In addition, Algorand [ALGO]Chain link [LINK]Quant [QNT] and XDC network [XDC] Also appeared in this list.
That said, onto finance [ONDO]- Despite its dominance in the RWA story – only 2.56%expires, cooling after the headlines last week.
Source: Coingecko
This attention to RWA -Tokens probably yielded From the recent report from the White House that brought ONDO to the attention for his tokenization potential. The focus of ONDO on RWA-Tokenization of institutional quality has even made it a unique player in this niche.
Source: X
But are this profit sustainable, or just a reactive peak?
Price analysis of KTA, XLM and ONDO
Focus on the top caps, Keeta, XLM and ONDO were the most stable in terms of fluctuations.
Keetas [KTA] Price was closed at $ 1.07 and acted above the Middle Bollinger band, signaling strength from 4 August. In particular, the recent withdrawal to $ 0.91 seems to have served as a retest before this rebound.
The balance volume was 6.341 million, with early signs of accumulation, per trade view.
Source: TradingView
Stellar traded at $ 0.4083 and was just above his super trend support for $ 0.4042. While the price broke over a trendline in the short term, drawing local weakness began to show on the hourly table.
Since July 25, the Altcoin was in a wider downward trend. Of course, if it folds in a bearishon, this rally can pause.
Source: TradingView
Although it is on the third largest RWA token per market capitalization, ONDO only achieved a profit of 2.56% from 4 August. In comparison with others, the token performed behind, although the basic principles remain strong.
Source: Coinmarketcap
Final storage
In conclusion, ONDO made the chance to lead this sector despite the modest profit. Chainlink and Stellar were not fully focused on tokenization, so their diversification can also be a boost.
But with the reputation of Augustus for volatility, traders can remain careful.
Nevertheless, this period is often seen for risk-moreolerant investors as a time to gather before Q4 rallies.