Chainlink’s Nazarov said real-world assets could surpass cryptocurrencies in total value.

Bitcoin and the rest of the cryptocurrencies can’t shake off the doldrums. Despite the ongoing weakness, this cycle has at least avoided major institutional failures that were seen in past bear markets.

And as investors weather the drawdowns, real-world assets (RWAs) are quietly expanding on-chain regardless of crypto prices.

RWAs Keep Moving On-Chain

In a recent post on X, Chainlink co-founder Sergey Nazarov highlighted that, unlike the previous cycle, which saw the collapse of FTX and multiple lenders during large price drops, this cycle has not produced large systemic risks….