BREAKING

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

NEAR

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Change: $0.5950 (23.88%)

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Data provided by COINOTAG DATALive data
NEAR
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Daily

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Volume (24h): -

Resistance Levels
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Resistance 2$3.3377
Resistance 1$3.0867
Price$2.921
Support 1$2.8437
Support 2$2.6288
Support 3$2.4197
Pivot (PP):$2.8787
Trend:Uptrend
RSI (14):74.7

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.

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.

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