POPA Recon📊 RWA Keeps Growing While DeFi TVL Declines
📊 RWA Keeps Growing While DeFi TVL Declines Since the beginning of 2025, the market has shown a clear divergence between DeFi and tokenized real-world assets. DeFi TVL has fallen by roughly 54% from its local peak of around $170B in autumn 2025. At the same time, RWA on-chain capitalization has increased by more than 550% since the start of 2025. While DeFi remains under pressure, RWA continues to expand, increasingly evolving from a niche segment into a major source of on-chain liquidity. 👉 https://cryptorank.io/categories/tokenizedassets
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