PLUME leads RWA growth despite 90% drop in token price

As the tokenized real-world assets (RWA) market continues to expand, Plume ($ plume) is highlighted by an impressive increase in total RWA values.

However, increased applications and adoption will not necessarily translate into better price performance for the token. Data shows that foreign exchange balances have hit new highs, indicating that selling pressure remains strong.

Plume leads in number of RWA holders and growth rate

According to data from rwa.xyz, Plume ranks #1 in RWA value growth over the past 30 days, registering +44.19% growth. This performance outperforms other networks. $XRP ledger (+30.86%); $BNB Chain (+21.38%), and Stella (+16.80%).

RWA value growth by network. Source: RWA.xyz

Despite being at the top in growth, Plume currently ranks around 10th in total RWA. The network hosts 35 assets with a total value of approximately $299 million, accounting for 1.13% of the market.

If the current pace of growth continues, Plume will soon be able to compete with Polygon and $XRP ledger.

Notably, Plume leads all networks in the number of RWA holders, with 262,984 addresses holding tokenized assets. These numbers include Ethereum (155,319), Solana (158,609), $BNB Chain (40,220).

RWA holders by network. Source: RWA.xyz

RWA investor Zeus explained that the number of holders does not necessarily reflect the number of unique users, as many individuals operate multiple wallets. However, he noted that the metric is still a reliable indicator of where tokenized assets are gaining traction.

“Over time, if the number of holders consistently increases, it usually means more wallets are interacting with real-world assets on-chain,” Zeus explained.

Recent developments also add to Plume’s growth momentum. Mastercard recently launched its Crypto Partner Program, bringing together more than 85 industry leaders to connect on-chain innovation with everyday commerce.

Plume Network was selected as one of the participating projects. This strengthens its position within the RWA ecosystem and highlights its potential for real-world applications.

“Joining Mastercard’s Start Path program connects us to one of the world’s largest financial networks and opens the door to global distribution of on-chain, real-world assets,” said Teddy, co-founder of Plume Network.

Strong on-chain growth is not reflected $ plumeprice of

Despite strong on-chain metrics, performance is not reflected in price. $ plume token.

Since peaking at $0.14 in September last year, $ plume It has decreased by more than 90%. The token is currently trading around $0.0121, according to BeInCrypto data.

The price decline reflects cautious investor sentiment and intense competition across the sector. With limited new capital entering the market, investors interested in the RWA sector have several capital allocation options. $XRPStellar, Solana, Ethereum.

According to Nansen data, $ plume Holdings on the exchange have steadily increased over the past year. The balance reached a new high in March, exceeding 1.57 billion tokens, accounting for 15.67% of the total supply.

The large amount of supply stuck on exchanges combined with insufficient demand $ plumeThe price will be even lower.

However, if the RWA market grows significantly as many analysts predict, new demand could absorb the available supply on exchanges, supporting a potential price recovery for RWA. $ plume.

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