According to CoinGecko data, Real-World Assets (RWA) have emerged as the top-performing crypto category over the past week. The sector’s value has surged nearly 19.4% in the last seven days, with a 28% jump in the past 24 hours alone.

RWA tokens now command a combined market capitalization of $64.6 billion.

Institutional Adoption Spurs Rally in RWA-Based Tokens

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The recent surge in the value of RWA-based tokens is being fueled by increasing institutional adoption. Major financial giants are moving decisively into tokenized markets, with BNY Mellon and BlackRock leading the charge. 

Both firms have integrated tokenized money-market funds into their platforms, with BlackRock’s BUIDL fund having already surpassed $2 billion in total value locked (TVL). This highlights how widely tokenization is spreading across global finance, 

Here are some RWA-based tokens whose performance you should watch this week.

CHEX Surges 10% Amid Rising Trading Volume

Utility token CHEX has gained 10% over the past 24 hours, with trading volume surging 34% to reach $2.7 million at press time. This combination of rising prices and increasing trading activity indicates strong market interest. 

It suggests that buyers are actively entering the market rather than price movements being driven by a few isolated trades. If this buying momentum continues, CHEX could see its price climb toward $0.148. 

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On the other hand, if selling pressure returns, the token could retrace to around $0.079.

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Author: Abiodun Oladokun