© 05-22 , 20:37

RWA, Stable Tokens Hit New Highs as Bitcoin, Ethereum Lag Peaks

TokenPost.ai

Several smaller crypto assets tied to 'real-world assets' (RWA) and stable-value tokens pushed to fresh records in the past day, even as major cryptocurrencies remained deeply below prior cycle peaks—underscoring a market still split between selective risk-on activity in niche sectors and a broader, cautious tone across blue-chip coins.

Data compiled from CryptoRank’s universe of tokens with a market capitalization above $10 million showed four assets printing new all-time highs (ATHs) over the last 24 hours. The list was led by Apple-linked token Apple (AAPLon), which traded around $306.90 and hovered essentially at its record level. Stable-asset pairs SyrupUSDC (SYRUPUSDC) and syrupUSDT (syrupUSDT) also posted marginal new highs, while EdgeX (EDGE) held near $1.47 after marking its own ATH earlier in the session.

The day’s leaders were concentrated in on-chain RWA structures and stable-value instruments, a pattern market observers often associate with demand for 'yield-bearing collateral' and liquidity parking in periods when investors are hesitant to take broad directional bets. Most of the tokens that reached new highs remained pinned close to their ATH levels, suggesting persistent bid support rather than a brief spike.

Among the gainers, EdgeX stood out for momentum off its lows, rising roughly 211.9% from its all-time low (ATL), the strongest rebound rate among the assets highlighted in the update. By contrast, the downside tape was thinner: only one token in the same screening set printed a new ATL.

That laggard was AI NFT (NFT), trading near $0.000283 after slipping to a fresh record low. The token remained about 96.3% below its ATH and showed only limited bounce from the bottom, reflecting continued weakness across some NFT-linked names as capital rotates toward liquidity-heavy narratives such as stable assets and tokenized off-chain exposure.

In South Korea’s real-time “trending” lists—compiled using CoinMarketCap popularity rankings—attention clustered around AI, data, and DeFi infrastructure-themed altcoins. OriginTrail (TRAC) traded near $0.4976, still about 85.5% below its ATH, but up roughly 13,419% from its ATL, highlighting how long-term survivors can retain large cumulative gains even while remaining far from prior highs. Other frequently searched names included SpaceCoin (SPACE) at $0.008331, Superform (UP) at $0.1274, and Litentry (LIT) at $1.41, with most still sitting 50% to 80% below their respective ATHs.