The Real-World Asset (RWA) sector, which includes blockchain tokenization of physical assets, is experiencing significant growth, led by Ondo (ONDO). The market capitalization of this niche is over $8.6 billion, with ONDO as the largest token. Ondo Finance, a New York-based crypto company, uses ONDO as its governance coin, focusing on tokenizing assets like bonds and US Treasuries.

Other key players include XDC Network (XDC) and Polymesh (POLYX), both showing varied performances. XDC Network, an open-source blockchain for real-world decentralized finance, has a market cap of around $630 million. Meanwhile, POLYX, a blockchain focusing on regulated assets, recently experienced a 140% upswing in valuation.

MANTRA (OM), the fourth-largest RWA cryptocurrency, has seen an impressive 1,800% increase in the past year. Lastly, Pendle (PENDLE), a blockchain protocol providing decentralized financial services, has seen a 730% price increase in six months. The growth and dynamism of these RWA cryptocurrencies highlight the potential of blockchain tokenization in the DeFi sector.