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Ranking of Real-World Asset (RWA) Cryptocurrencies by Market Capitalization: Stellar, Chainlink, and Ondo lead the pack

Stellar experiences consolidation following a significant July surge, Chainlink moderates below the $20 mark, and Ondo tests its $0.85-$0.88 support level. Learn about crucial future indicators.

Ranking of Cryptocurrencies backed by Real-World Assets (RWA): Stellar, Chainlink, and Ondo, in...
Ranking of Cryptocurrencies backed by Real-World Assets (RWA): Stellar, Chainlink, and Ondo, in order of present market capitalization.

Cryptocurrency Market Update: Stellar, Chainlink, and Ondo in August 2021

In the world of cryptocurrencies, August 2021 saw some significant movements in the prices and market caps of Stellar (XLM), Chainlink (LINK), and Ondo (ONDO).

Stellar (XLM)

Stellar began July 2021 with a market cap of around $7.8 billion and a price of nearly $0.27. The coin experienced a flat period between 0.38 and 0.45 dollars throughout the month, maintaining a market cap above 12 billion dollars. Towards the end of July, Stellar declined to $0.38 and its market cap reduced to approximately $11 billion.

Ondo (ONDO)

Ondo opened July at around 0.75 with a market cap of just under 2.5 billion. The coin rallied between July 19 and 21, surpassing $1.00 and reaching almost $1.15 with a market cap of nearly $3.5 billion. However, a plunge in the price of ONDO could indicate further consolidation, and a reversal of the support range could take it to retest the price at least 0.5 cents.

Chainlink (LINK)

Chainlink opened July with a price of around 13 dollars and a market cap slightly above 9 billion dollars. The coin experienced a fluctuating trend throughout the month, with a peak at around 18 dollars in mid-July due to early gains. However, the price later cooled off and moved back down to roughly 16 dollars.

It is important to note that the information provided is based on the available data as of August 2021. For a comprehensive historic analysis of LINK and ONDO in 2021, additional sources would be required.

As for Stellar, while it faced a pullback in early August 2025, technical indicators show XLM consolidating around $0.38-$0.42 with potential support near $0.36-$0.37. Analysts view this as a healthy pause rather than a sell-off, with a possible bullish breakout scenario up to $0.80 or higher if accumulation and momentum pick up. On-chain metrics demonstrate increased whale accumulation and stable exchange inflows, supporting confidence in long-term fundamentals. Some forecasts project potential for 5x price gains if bullish momentum sustains, possibly reaching $1.50+, though near-term volatility and August weakness remain risks.

In conclusion, while the data provides a detailed picture for Stellar (XLM) trends and near-term outlook in 2025, it does not cover Chainlink (LINK) or Ondo (ONDO) as of August 2021. For comprehensive historic analysis of LINK and ONDO in 2021, additional sources would be required.

  1. In the realm of finance and investing, analysis of cryptocurrencies like Stellar, Ondo, and Chainlink often reveals interesting trends. For instance, Stellar (XLM) exhibited a period of consolidation in August 2021, potentially setting the stage for a bullish breakout.
  2. The technology behind these cryptocurrencies continues to evolve, impacting their market prices. For example, Chainlink (LINK) and Ondo (ONDO) experienced various price movements in July 2021, but their August trends were not explicitly detailed in the provided data.

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