YEREVAN (CoinChapter.com) — Avalanche (AVAX) is at present main the Actual World Asset (RWA) coin market, aiming for a $10 billion market cap. With a present price of $20.45, AVAX’s market cap stands at $8.09 billion. Regardless of a 0.17% enhance within the final 24 hours, Avalanche stays on monitor with its sturdy ecosystem and up to date initiatives.

Avalanche’s strong ecosystem, bolstered by the current launch of functions for its Codebase Season 2 incubator, units the stage for ongoing development. The initiative affords builders an opportunity to safe a $50,000 non-dilutive stipend and compete for a share of the $1 million prize pool, anticipated to generate elevated curiosity within the community.

Chainlink and Maker See Market Dips Amid Key Developments

Chainlink (LINK) follows with a market cap of $6.12 billion and a price of $10.07 per coin. LINK skilled a 1.51% decline over the previous 24 hours.

Chainlink has expanded its attain by launching Knowledge Streams and Verifiable Random Operate (VRF) on the Base platform, incubated by Coinbase.

These options present dependable information and randomness to decentralized functions, reinforcing Chainlink’s place out there.

Maker (MKR) is priced at $1,959.50 per coin, with a market cap of $1.82 billion. Regardless of being smaller than Avalanche and Chainlink, Maker performs an important function in decentralized finance (DeFi), notably with the DAI stablecoin. Maker noticed a 0.54% drop within the final 24 hours, reflecting broader market traits.

Avalanche Leads RWA Market as VeChain and Ondo Face Declines

VeChain (VET), priced at $0.02206 with a market cap of $1.79 billion, focuses on provide chain options. It has declined by 0.74% within the final 24 hours. VeChain companions with main companies to supply blockchain-based options for real-world challenges, sustaining its relevance out there.

Ondo, priced at $0.693 per coin with a market cap of $963.17 million, is the smallest among the many group. It skilled a 2.74% drop within the final 24 hours. In response to Changellyblog, Ondo’s price may rise to $1.50 by 2025, with a median price of $1.32.

Avalanche leads the RWA coin market with its present place, however opponents like Chainlink, Maker, VeChain, and Ondo are additionally progressing. The race to a $10 billion market cap continues, with Avalanche within the lead.