CFG jumps 14% in 24 hours after hitting a $1 billion RWA milestone and expanding tokenized asset access through Solana integration.
RWA altcoins are drawing renewed attention this week, with Sky (SKY), Plume (PLUME), and Centrifuge (CFG) showing sharply contrasting trends. SKY leads the pack with a 19% weekly gain, fueled by strong adoption of its upgraded Maker-based ecosystem.
PLUME has dropped 21% following the death of its co-founder. This comes despite the project’s recent mainnet launch and strong backing from major investors.
Meanwhile, CFG has surged over 14% in the past 24 hours. The jump follows its $1 billion milestone announcement and its expansion of real-world asset access on Solana.
Sky Protocol is a decentralized financial system built as an evolution of the Maker Protocol. It introduces upgraded tokens — USDS and SKY — as direct successors to DAI and MKR.
Over the past seven days, SKY has surged more than 19%, making it the top-performing token among the ten largest real-world asset (RWA) altcoins.
With its market cap now nearing $1.9 billion, bullish sentiment has grown around the token. If this upward momentum continues, SKY could test resistance at $0.094 and potentially push toward $0.10.
However, if the market turns and support at $0.075 is broken, downside targets include $0.069 and $0.0635.
Plume Network is a Layer 1 blockchain focused on bringing real-world assets (RWAs) into DeFi through tokenization.
The project has received backing from major firms like YZi Labs and Apollo Global, and recently launched its long-awaited Genesis mainnet to support yield-bearing RWAfi assets.
However, the sudden and tragic death of co-founder and CTO Eugene Shen sparked confusion, speculation, and a wave of selloff.
Despite Plume’s established investor base and progress in onboarding over 200 projects, public trust took a hit as trading volume surged and rumors swirled about the circumstances surrounding Shen’s death.
In the past seven days, PLUME has dropped 21%, dragging its market cap down to $200 million.
The ongoing correction puts the token at risk of falling below the $0.90 mark if bearish sentiment persists.
On the upside, a reversal could see PLUME testing resistance at $0.115, with potential targets at $0.128 and $0.142 if momentum strengthens.
Centrifuge is a real-world asset (RWA) tokenization platform. It lets asset managers bring financial products onchain and gives investors access to a diverse tokenized asset portfolio with real-time, transparent data.
The protocol recently expanded to Solana by launching deRWA tokens — freely transferable RWAs.
These can be traded, lent, or used as collateral across major Solana DeFi platforms like Raydium, Kamino, and Lulo.
Two days ago, Centrifuge announced it has surpassed $1 billion in total real-world assets financed — an important milestone for the RWA sector.
Centrifuge’s native token, CFG, has gained over 14% in the last 24 hours, pushing its market cap to around $108 million.
The token is currently attempting to break through the $0.20-$0.21 range, with a potential next target at $0.264 if momentum continues.
On the downside, if support at $0.177 fails, CFG could retrace toward $0.167.
The recent price surge reflects renewed investor interest amid strong fundamental progress and growing adoption within the DeFi space.
