- The supply of tokenized stocks is concentrated with major issuers like Ondo and xStocks, bolstering a surge in activity across majority chains like Ethereum and Solana.
- The value of Tokenized Real World Assets (RWA) also grew alongside the traditional market, such as commodities and funds.
- The ONDO price drives a sustained recovery trend amid the rounding bottom format
The crypto market has witnessed a steady growth since last week which pushed the Bitcoin price to three months high of $82,833. This recovery followed renewed bullish momentum in the U.S. stock market, with the S&P 500 index hitting a record high of $7,365.12 on May 6th. The tokenized stocks has recorded the highest growth amid geopolitical developments and a massive acceleration in the AI-driven tech sector.
Wall Street Benchmarks Extended Gains Last Week
Over the past week, the Bitcoin price rallied from $74,912 to its recent high of $82.833 on Tuesday. The surge can be associated with...
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