$ONDO RWA Thesis Is Shifting From Hype to Proof Tokenized markets are becoming increasingly measurable, putting adoption, asset quality, liquidity, and real user participation at the center of the ONDO narrative. From the Jamos Parsa perspective, $38.36B in distributed asset value alongside much faster growth in total asset holders suggests participation may be expanding faster than capital value itself. AI-based interpretation sees this as potentially constructive for the RWA narrative, especially if user growth translates into deeper liquidity and sustained on-chain demand. Holder growth alone, however, does not guarantee stronger token performance. t.me/jamosparsa #ONDO #RWA #Tokenization #Altcoins #CryptoMarket