RWAs heat up over crypto assets

Crypto assets have been in a freefall for the last week or two and mainly in the layer two sector. Bitcoin itself has been in some wild swings and ethereum was in a freefall.

With all that negative pressure many are starting to look to other assets again which would be RWA's these RWA assets have been building momentum and have become a larger assets and focus point.

RWAs are mostly looking to be assets that provide yields over holding on to the crypto assets like bitcoin. I believe that will change once banks are able to hold bitcoin and can be used as assets to borrow against. This should be a major turning point for a lot of people who have been building and holding the assets.