BREAKING

Conflux Co-Founder Calls $410B RWA Figure Misleading; True Demand Evident in $18B Distributed Asset Value

NEAR

NEAR/USDT

$2.299
-4.45%
24h Volume

$246,167,521.98

24h H/L

$2.423 / $2.265

Change: $0.1580 (6.98%)

Funding Rate

+0.0052%

Longs pay

Data provided by COINOTAG DATALive data
NEAR
NEAR
Daily

$2.318

-2.24%

Volume (24h): -

Resistance Levels
Resistance 3$2.988
Resistance 2$2.728
Resistance 1$2.4203
Price$2.318
Support 1$2.3175
Support 2$2.147
Support 3$1.9932
Pivot (PP):$2.3737
Trend:Uptrend
RSI (14):61.4
k7rq2fdm

COINOTAG News reports that on December 19, Forgiven, co-founder of Conflux, questioned the widely cited $410 billion figure for real-world assets (RWA) as misleading after a RWA.XYZ update. The portal introduced two measures—Reported Asset Value and Distributed Asset Value—that can skew market snapshots.

d2mv6ykl

Previously, RWA sizing hovered near $30 billion; post-update, assets on Canton’s private chain and Provenance’s HELOC products surged the total, while the Distributed Asset Value (~$18 billion) offers a more credible signal of real demand, distinct from private ledger tokens with limited crypto-market relevance.

Forgiven warns investors to scrutinize data sources rather than blindly trusting so-called authoritative platforms that reward crypto traffic. With renewed RWA chatter in markets like Hong Kong, readers should favor transparent methodology and verifiable data over hype.

Share News:
Don't Miss Breaking News