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RWA On The Rise: ONDO Token Surges Over 110% in a

The RWA concept is hot, and ONDO, the native token of leading Ondo Finance, has increased by more than 110% in a week! Recently, the tokens of many projects on the RWA track have continued to reach new highs, among which projects such as POLYX, TOKEN, NXRA, GFI, and RIO have all performed eye-catchingly. In this track, Plume Network, a modular L2 blockchain dedicated to RWA, has attracted attention. It is understood that Plume Network has not issued coins yet, but there is a chance to receive airdrops!

Although the RWA market is still in its early stages, the amount of funds has already occupied sixth place in the overall ranking of the DeFi industry. As the cryptocurrency market matures, there is a realization that some token standards need to be adopted to meet specific needs related to RWA in order to comply with the current regulatory framework. Token standards supported by Plume Network include ERC 20, ERC 721, ERC 1155, ERC 3643, etc.

Plume Network features asset tokenization and compliance providers integrated directly into the chain, simplifying the complex process of RWA project deployment and providing investors with a blockchain ecosystem. In addition, Plume Network provides a fully integrated and regulatory-compliant L2 solution designed specifically for RWA, including KYC/KYB, AML/OFAC checks, custodian, account abstraction, on-chain arbitration and transfer agent functions.

Plume Network is built on the Arbitrum Nitro stack, which also powers Arbitrum One and Arbitrum Nova. Plume Network also uses Celestia as the DA layer, which is expected to reduce gas costs by 99.9%, providing lower gas fees for RWA and DeFi projects built in the Plume ecosystem.

Currently, although Plume Network has not issued coins yet, you can participate in its test network and complete tasks such as bridging to have a chance to receive airdrops. Interested friends may wish to try their luck, maybe they can find an unexpected surprise! At the same time, everyone is welcome to express their views on the RWA track in the comment area, and we look forward to interacting with you!

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