Rapid Growth in Real-World Asset Segment Drives Developer Activity

The real-world asset (RWA) segment is experiencing rapid growth, with several blockchain projects vying for dominance. According to Santiment's latest update, Hedera has taken the top spot in terms of development activity, followed closely by Chainlink and Avalanche.

Hedera's success can be attributed to its growing institutional support, with recent reports linking it to money-market fund deployments involving BlackRock and State Street. This integration is a significant milestone for Hedera, as it places it at the forefront of live institutional workflows tied to tokenized fund products.

Chainlink, on the other hand, continues to strengthen its role as a data infrastructure provider for tokenized markets. Its recent adoption by Canton Network adds another layer to its effort, preparing for cross-chain transfer of tokenized assets. This development highlights Chainlink's commitment to building a robust and scalable RWA ecosystem.

Avalanche is also making significant strides in the RWA segment, with its partnership with Progmat, Japan's largest security token platform, set to migrate over $2 billion in tokenized real estate and corporate bonds. This move expands Avalanche's footprint in regulated tokenized assets, solidifying its position as a leading player in the RWA space.