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1confirmation Founder: The next round of user growth in the crypto market may be driven by the tokenization of RWA

Nick Tomaino, founder of 1confirmation, stated on the X platform that bringing real-world assets (RWA) on-chain will become an important direction for driving the next phase of development in the cryptocurrency industry and is expected to lead to large-scale consumer adoption. The core value of bringing RWA on-chain lies in enabling global users to access asset classes that were previously difficult to obtain. "Global accessibility" has always been one of the most attractive features of the cryptocurrency industry and is also a key reason for the success of crypto assets like Bitcoin and Ethereum.Nick Tomaino believes that crypto assets that drive new behaviors and are built on concepts that go beyond mere monetary value will continue to exist in the long term. However, as the market gradually realizes that the cost of creating tokens is close to zero, the model of relying solely on token issuance to drive price increases is difficult to sustain. The growth cycle of many "speculative tokens" is coming to an end, and the market will enter a new growth phase driven by tokens backed by real assets. Currently, stablecoins have become the most mature case of RWA applications, and in the coming year, the on-chainization of assets such as stocks, commodities, government bonds, corporate bonds, and real estate is expected to accelerate further.Nick Tomaino mentioned that on-chain physical collectibles (such as sports cards and jerseys) could become one of the most worthwhile directions for building and investing in RWA today. As the speculative-driven token cycle gradually recedes, on-chain assets supported by real assets and practical use cases will be key to attracting the next batch of users into the cryptocurrency market.

Robinhood Chain has been online for a week, with DEX trading volume exceeding 1 billion USD, ranking among the top five in the industry

According to a report by Decrypt, Robinhood Chain quickly became one of the most active public chains in the crypto market just one week after its launch.Official data shows that Robinhood Chain processed over 17 million transactions in its first week, with nearly 350,000 active addresses and a protocol TVL of approximately $250 million. The cumulative trading volume on the DEX surpassed $1 billion. On Wednesday, the single-day trading volume reached $568 million, with a 24-hour DEX trading volume of about $433 million, surpassing Hyperliquid and ranking fifth in the entire network.Driven by the explosive growth of the ecosystem, Meme coins on Robinhood Chain performed strongly, with Cash Cat's market capitalization exceeding $180 million, and tokens like Dog In Hood, Hoodrat, and Robinhood Summer seeing increases of several times or even dozens of times. Reports indicate that some traders turned $800 into over $1 million, while another user increased $85 to $2 million.As the underlying technology provider for Robinhood Chain, Arbitrum (ARB) has benefited significantly, with ARB rising about 20% on the day. According to the mechanism, Robinhood Chain will return 10% of the protocol's net income to the Arbitrum ecosystem.However, the report points out that currently, the activity of Robinhood Chain is still mainly driven by Meme coins, and whether it can smoothly transition to RWA and other application scenarios planned by Robinhood in the long term remains to be seen.
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