Real-World Assets (RWAs) Drive Crypto Market Rebound

Real-world assets (RWAs) are leading Thursday’s early crypto market rebound, as highlighted by CoinmarketCap on X.

The major crypto aggregation platform noted the performance of cryptocurrencies on Thursday morning, showing that Injective (INJ) topped the list with a 10.83% surge among the top 10 RWA assets by market cap.

> RWA tokens making real moves today! 🌐 $INJ leads with 10.83% surge, while others show strong momentum!
> Explore more 👉 link
> — CoinMarketCap (@CoinMarketCap) February 20, 2025

INJ, HBAR, QNT Lead RWA Gains

As per CoinmarketCap, nine out of the ten highlighted tokens recorded gains during the early trading session. HBAR and QNT surged over 5%, while ONDO, VET, ALGO, LINK, AVAX, and XDC made gains below 5%. Only OM experienced a loss of -2.41% among the identified tokens.

Analysts believe the RWA rebound signals an expected recovery for altcoins following a bearish phase in the market. Despite the recent bearish pressure, there are notable expectations for a bull run.

Related: Forget Memes, Focus RWAs: Top 5 Crypto Tokens to Watch in the $58 Billion Market

Altcoin Market Cap Shows Signs of Recovery

The recent bear trap caused the total altcoin market cap to drop from $1.56 trillion in mid-January to $1.22 trillion currently. It’s important to note its recovery from a low of $1 trillion on February 3, with a 6% increase from a $1.17 trillion low recorded last week.

Analysts interpret this recovery as a positive signal for an altcoin market rebound, with RWAs at the forefront according to CoinmarketCap data.

Related: Investors Inject $1.9B Into the Crypto Market After President Trump’s Executive Orders

Currently, INJ, the leading performer, is trading at $15.667, which is a significant resistance level. A breakout above this price could lead to higher targets.

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