Daily Crypto News Digest: Market Overview and Developments

In today’s crypto news, the market is facing challenges as major cryptocurrencies see a decline in value. As of the latest reports, the global cryptocurrency market capitalization has fallen by 4%, totaling approximately $3.42 trillion, with trading volumes hitting $116 billion over the past 24 hours. This downturn reflects the struggles within the crypto space, with many investors closely monitoring ongoing trends and developments.

Crypto Market Decline

The cryptocurrency market is predominantly in the red today, indicating a downturn for most digital assets. Among the top 10 cryptocurrencies by market capitalization, all have posted losses. Cardano (ADA) experienced the steepest decline, dropping 6.7% to $0.7709. Binance Coin (BNB) also fell by 0.9%, trading at the same price point.

Bitcoin (BTC), the flagship cryptocurrency, recorded a decrease of 1.7%, falling below the significant $103,000 mark to a current price of $102,552. Ethereum (ETH), the second-largest cryptocurrency, is down 2.3%, trading at $2,560. Among the top 100 coins, only seven assets are in the green, with KuCoin (KCS) standing out as the top performer, having risen by 2.2% to $11.73. Conversely, Celestia (TIA) faced a significant loss, declining 10.7% to $2.83, followed closely by Ethena (ENA), which saw a drop of 10.2% to $0.3753. ## Real-World Asset (RWA) Sector Growth

In a contrasting development, the real-world asset (RWA) sector is experiencing significant growth. According to a recent report from crypto exchange CEX.io, the on-chain value of RWAs has surged to $23.8 billion, surpassing the total $7.5 billion gained during all of 2024 in just the first five months of 2025. The report highlights a notable 22% increase in the number of RWA holders, which has now exceeded 100,000 addresses. This expansion indicates a rapid adoption of RWAs, providing crucial value even as other decentralized finance (DeFi) sectors face stagnation.

Researchers emphasize that RWAs are emerging as a foundational element within both institutional finance and the DeFi space. The current trajectory of RWAs is acknowledged as being closely tied to ongoing tariff uncertainties, where an escalation could lead to a heightened demand for these assets as safe havens.

Innovation on Avalanche: Libre Launches Gateway

In another significant announcement, Libre, an on-chain infrastructure for RWAs, is set to launch the Libre Gateway on the Avalanche network. This initiative will begin with the tokenization of the Laser Carry Fund (LCF). The launch is expected to take place this month and will facilitate the distribution of additional institutional-grade investment funds from major firms such as BlackRock, Hamilton Lane, and Brevan Howard.

The introduction of the Libre Gateway aims to provide compliant access to alternative investment strategies for both accredited and institutional investors. The LCF, utilizing a market-neutral strategy, is designed to capitalize on yield and funding opportunities within digital asset markets.

The venture’s success is anticipated to pave the way for more investment funds based on monetary markets, private credit, and macroeconomic strategies in the near future. Moreover, the partnership will explore various Avalanche-native features, including compliance zones, integrations with DeFi protocols, and staking possibilities.

Cross-Chain Coordination: Collaboration Among Key Players

Additionally, major players in the blockchain ecosystem are collaborating to enhance cross-chain functionality. Chainlink, Ondo Finance, and Kinexys by J.P. Morgan have successfully executed a cross-chain Delivery versus Payment (DvP) test transaction.

This transaction utilized Kinexys’ permissioned network for payment settlement and occurred on the Ondo Chain, specifically designed for the tokenization of real-world assets. The endeavor marks a significant step toward advancing cross-chain atomic transactions, with potential applications in advanced financial solutions.

The successful completion of this transaction establishes a foundation for future developments in DvP transactions, reflecting a commitment to innovative solutions in the blockchain space.

Conclusion

As developments continue in the crypto market, the performance of major cryptocurrencies and the growth in RWAs signify the dynamic nature of this industry. Stakeholders remain vigilant as the market evolves, and new partnerships emerge to enhance functionalities and accessibility within the ecosystem. For ongoing updates, be sure to subscribe to our newsletter for the latest news and insights in the cryptocurrency landscape.

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