EthereumFoundationUnstakes$48.9MillionWorthofETHMost people tracking RWA are watching price charts. The smarter move is watching who is actually winning the infrastructure race.

Here is where the real positioning is happening right now.

$ONDO is bringing fixed income on-chain at a scale nobody has managed before. $LINK is the silent backbone every serious RWA project runs through whether they admit it or not. $MANTRA closed a $1B deal and the market still has not fully priced it in.

$XLM has been quietly building toward this moment for years. $HBAR built compliance into the architecture before compliance was the conversation. $PENDLE created an entirely new category around yield trading that did not exist two years ago.

$PLUME is the first chain that started with RWA as the primary use case not an afterthought. $CFG is doing the unglamorous work of tokenising invoices and private credit where real institutional money actually sits. $REAL is solving the compliance bridge between TradFi and DeFi that most projects ignore entirely. $PROS is the most debated RWA launch right now for good reason.

$16 trillion is the size of the opportunity. Ten projects are fighting for position at the front of it.

Which ones are you holding and what is missing from this list? 👇