Most altcoins jumped on Thursday as the recent fear among market participants ended after the Liberation Day tariff’s pause. These cryptocurrencies may continue doing well this year as Wall Street titans like Blackrock move deeper into the industry. This article looks at the top RWA altcoins that could pump this month.
Top RWA Altcoins That Could Benefit From Blackrock’s Moves
Blackrock, the $11.7 trillion asset manager, has embraced cryptocurrencies. In addition to running the biggest crypto ETFs, it has also become involved in the Real World Asset Tokenization (RWA) industry. Its BUIDL token has accumulated over $1 billion in assets, a figure that may continue growing. Therefore, some of the top RWA tokens that may benefit from the Blackrock effect are Pendle (PENDLE), Mantra (OM), Ondo Finance (ONDO), and Chainlink (LINK).
Mantra (OM)
Mantra is one of the top altcoins to buy for huge gains this year. It has already soared by over 74% this year and 365% in the last six months. The most bullish case is that Mantra launched an ecosystem fund this month as it seeks to grow its ecosystem. It also launched MantraChain, a layer-1 network purposefully built for the RWA industry. Finally, OM has a high staking yield of over 5.5%, helping users generate substantial returns.
Chainlink (LINK)
Chainlink is a top crypto to buy for huge gains. It is one of the top altcoins set to benefit from the RWA industry because of its oracle and Cross-Chain Interoperability Protocol (CCIP) technology that powers many projects today.
LINK is going through substantial whale accumulation and is part of Donald Trump’s WLFI portfolio. Also, some analysts are highly bullish on LINK as its network growth gains momentum this year. Like Mantra, LINK also provides a high staking yield of about 4.5%.
Ondo Finance (ONDO)
Meanwhile, Ondo is a top crypto to buy because of its growing assets. Data shows that the total value locked (TVL) has jumped to almost $1 billion, a figure that could keep growing. Users love ONDO’s tokens like OUSG and OUSD because of their high annual returns, which are higher than other stablecoins like Tether and USDC. Ondo also has a partnership with Blackrock, which is another bullish catalyst.
Pendle (PENDLE)
Pendle is one of the key RWA altcoins to buy for substantial gains in April. It is one of the top players in the RWA industry, enabling users to generate high yields in the network. Its total value locked has moved to over $3.1 billion, while the number of active addresses is rising. Therefore, the PENDLE price will likely surge as demand for RWA tokens soar.
Bottomline
Many blue-chip cryptocurrencies will benefit from the Blackrock Effect as the biggest asset manager becomes involved. Those to benefit the most are in the RWA industry, including popular names like Mantra, Pendle, ONDO, and Chainlink.
Frequently Asked Questions (FAQs)
Some of the best blue-chip altcoins to buy for the Blackrock Effect are Ondo, Pendle, Chainlink, and Mantra.
Blackrock runs the biggest crypto ETFs and is seeking to be the largest player in the real world asset tokenization industry.
There are signs that some crypto coins will do well in April as the risk on sentiment intensifies.
crispus
Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/markets/blackrock-effect-4-obscure-altcoins-wall-street-might-pump-next-buy-before-april-ends/
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