Real-World Assets (RWA) cryptocurrencies are gaining increasing attention, and Ondo (ONDO) is a leader in this space. The RWA market fell from approximately $9 billion to $6 billion due to the correction in the overall cryptocurrency market.

Notably, Ondo was launched in January and reached nearly $1.50 in June, increasing its prominence in the cryptocurrency world. Ondo (ONDO) has established itself as the most prominent cryptocurrency in the Real-World Assets (RWA) sector. Currently, ONDO's price is around $1 and it has a market cap of $1.4 billion, according to CoinGecko data.

Launched by New York-based Ondo Finance, this cryptocurrency focuses on the tokenization of traditional assets such as bonds and US Treasuries. Since its launch in January, ONDO has experienced significant growth, reaching an all-time high of nearly $1.50 in June. With the correction in the overall cryptocurrency market, the capitalization of the RWA market dropped from approximately $9 billion to $6 billion. This correction has affected ONDO's price action and observers are wondering if it may surpass its previous highs in the coming weeks or if the market's downward trend will continue.

Mantra (OM) is the second largest among RWA cryptocurrencies, with a market cap exceeding $700 million. Launched in August 2020, OM has shown significant growth, rising as high as $1.09 last month. Mantra serves as an overlay blockchain network that bridges traditional finance (TradFi) and decentralized finance (DeFi) and provides the necessary infrastructure for the tokenization of real-world assets. This capability makes it a major force in the RWA industry and reflects its resilience and growth despite overall market challenges.

Pendle Finance (PENDLE): A Closer Look
Pendle Finance offers decentralized financial services focusing on fixed income and yield tokenization. Its protocol is designed to operate on different blockchains and includes automatic market making.

PENDLE's Performance and Market Trends
PENDLE had a significant performance in April this year, surpassing its all-time high price of $7. However, it is currently trading around $3.80, having been significantly affected by the market correction. Pendle Finance remains a notable player in the decentralized finance (DeFi) space.

Chromia (CHR): Resilience to Market Downturn
Chromia (CHR) is a blockchain platform that aims to provide scalable and decentralized infrastructure for decentralized applications (dApps) and games. Despite overall market difficulties, CHR's price is up 8% daily, recently surpassing the $0.26 level.

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