《Let's talk about the investment themes of this RWA cycle》
This round of RWA is clearly a key focus—just like the previous cycle’s Layer 2, which was well known to everyone.
What’s the logic, then?
Let’s break down RWA:
Look at the TVL distribution of RWA assets.
You can see the market landscape is led by ETH, followed by BSC and SOL.
RWA is indeed growing.
But the bulk of it is Treasuries (government bonds).
If you look only at stocks, it’s just 2.4 billion—honestly, the scale isn’t that big.
Treasuries are 18.1 billion.
Right now, the RWA size is roughly less than doubling within a year.
Compared with the explosive demand for AI tokens—where it doubled in just three months—that means there will truly be good opportunities around RWA.
Assuming this cycle, RWA grows 5x, reaching a scale of 200 billion.
And today, ETH is at 300 billion.
That’s enough.
This number shows that RWA is sufficient to become an important internal factor behind this bull market.
What to buy? Circle, Ondo, and ETH—these are currently the closest and most reliable.
Whether it’s RWA or tax avoidance, it ensures the cycle this time.
Even without any real-world practical innovations in crypto, there will still be opportunities.
$NVDAB $AAPLB #比特币升破8万美元创三月新高 $GOOGL.US
This round of RWA is clearly a key focus—just like the previous cycle’s Layer 2, which was well known to everyone.
What’s the logic, then?
Let’s break down RWA:
Look at the TVL distribution of RWA assets.
You can see the market landscape is led by ETH, followed by BSC and SOL.
RWA is indeed growing.
But the bulk of it is Treasuries (government bonds).
If you look only at stocks, it’s just 2.4 billion—honestly, the scale isn’t that big.
Treasuries are 18.1 billion.
Right now, the RWA size is roughly less than doubling within a year.
Compared with the explosive demand for AI tokens—where it doubled in just three months—that means there will truly be good opportunities around RWA.
Assuming this cycle, RWA grows 5x, reaching a scale of 200 billion.
And today, ETH is at 300 billion.
That’s enough.
This number shows that RWA is sufficient to become an important internal factor behind this bull market.
What to buy? Circle, Ondo, and ETH—these are currently the closest and most reliable.
Whether it’s RWA or tax avoidance, it ensures the cycle this time.
Even without any real-world practical innovations in crypto, there will still be opportunities.
$NVDAB $AAPLB #比特币升破8万美元创三月新高 $GOOGL.US
