RWA Projects Gain Traction: $LINK, $AVAX, $HBAR Dominate

Crypto-based real-world asset (RWA) projects are making waves in the market across social media. Particularly, Chainlink ($LINK), Avalanche ($AVAX), and Hedera ($HBAR) are dominating in terms of social activity. As per the data from Phoenix Group, a well-known crypto data and analytics provider, the prominence of these and other RWA projects indicates robust community traction. Hence, this frequent circulation of the RWA ecosystem on social media points toward a potential shift in investor interest.

Real World Assets (RWA)

$LINK, $AVAX, and $HBAR Dominate RWA Projects Based on Social Activity

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Particularly, Chainlink ($LINK) is the top among the RWA projects dominating the social media activity. In this respect, $LINK has recorded 8.0K engaged posts as well as 1.7M social interactions over the past 24 hours. Subsequently, Avalanche has taken the 2nd position on the list, accounting for 393.9K social interactions and 4.4K engaged posts.

Following that, Hedera Hashgraph ($HBAR) has occupied the 3rd place among the key RWA projects when it comes to social activity. Specifically, in the meantime, it has witnessed 3.6K engaged posts and 413.4K social interactions. Coming after that, Elysia ($EL) has seen 4th rank among the noteworthy RWA projects in the case of social activity. Specifically, it accounted for 2.0M social interactions and 3.0K engaged posts

Additionally, Internet Computer ($ICP) stands in the 5th spot based on social activity. Thus, over the twenty-four hours, it saw 2.8K engaged posts apart from 210.1K social interactions. The next player on the list is Injective ($INJ), with 231.6K social interactions and 2.7K engaged posts.

$QNT Bottoms List with 1.5K Engaged Posts and 144.6K Interactions

While moving on, Phoenix Group’s list of top ten RWA projects in line with social activity includes VeChain ($VET) in the 7th spot. Therefore, the project has seen 188.8K interactions and 2.5K engaged posts on social media. Similarly, DIA ($DIA) has taken the 8th position with 2.4K engaged posts along with 116.2K interactions. In the same vein, the 8th top RWA project on social media, Ondo Finance ($ONDO), has seen 2.3K engaged posts and 407.4K interactions. Ultimately, Quant ($QNT) is the 10th most discussed RWA project on social media with 144.6K interactions and 1.5K engaged posts across social media.

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