Surprising report on RWA: Turkey in third place!

A surprising report came from CoinGecko about RWA, one of the new trends in the crypto sector.

The RWA trend, which started in late 2023 and continued in 2024, came to the fore again with CoinGecko's latest report. The report, which shows the tendency of countries to cryptocurrencies in this area, gave hope for the future for Real World Assets. Another striking detail in the report is Turkey, which ranked third. Turkey, which ranked third in terms of interest in RWA, seems to be challenging for the top.

Real World Assets, which addresses the concept of tokenization, shone in the crypto sector with the activities of investment giant Blackrock. Blackrock's creation of funds in this area, in particular, excited crypto investors. Sharp increases were observed in RWA-based cryptocurrencies in February and March 2024.

For example, altcoins such as ONDO, RIO, GFI, MAPLE and PENDLE increased by more than 300 percent in just a few days. Later, the fall of $BTC BTC and the negative news that followed shook the altcoin market. Naturally, RWA projects were negatively affected by this shock. When we look at today, many RWA coins are moving sideways due to the inefficiency of the market. A large part of crypto investors think that the RWA category is hopeful and will mark the upcoming bull.

The country that showed the most interest in RWA-based cryptocurrencies was the USA with 14.82 percent. Indonesia followed the USA with 10.09 percent. Turkey came in third with 8.04 percent. Turkey, which follows the RWA field very closely, continues to come to the agenda with new projects in this field. In Turkey, not only crypto investors but also many companies, especially banks, have begun to understand the importance of this field.

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