Cardano ranks fifth in RWA market growth

Cardano (ADA) has emerged as one of the fastest-growing blockchains in the real-world asset tokenization market, The Crypto Basic reported. According to data released by the RWA Foundation, citing Token Terminal, the value of RWA assets on the Cardano network rose 23.1% over the past 30 days to $55.3 million. While its market size remained smaller than rival networks, its growth rate was faster. Avalanche posted 22.6% growth, Sonic 22.1%, Fraxtal 18.4%, and BNB Chain 16.5%. Only four networks recorded a higher growth rate than Cardano: Robinhood Chain, Tempo, Monad, and Plume Network.