Real-world asset (RWA) tokenization projects are experiencing a dual surge in both social media engagement and on-chain development activity, according to recent data and analytics. Over a 24-hour period, leading RWA-focused blockchain projects saw social engagement rates spike by up to 80%, driven by technical updates, strategic partnerships, and heightened investor curiosity.
The projects at the center of this activity include Chainlink (LINK), VeChain (VET), Hedera (HBAR), Avalanche (AVAX), and Internet Computer (ICP). Analysts note that while these social spikes highlight shifting market sentiment and community interest, they do not guarantee corresponding token performance or long-term adoption. The discussions primarily revolve around the practical utility of these platforms in connecting blockchain technology with real-world data and assets.
Concurrently, blockchain analytics firm Santiment released its latest ranking of top RWA projects by development activity for February 2026. Hedera (HBAR), Chainlink (LINK), and Avalanche (AVAX) occupy the top three positions, signaling robust developer engagement. The full top 10 list includes Stellar (XLM), IOTA (IOTA), Chia (XCH), Injective (INJ), Dusk Network (DUSK), VeChain (VET), and Centrifuge (CFG).
High development activity is considered a key long-term indicator of ecosystem health, often reflecting ongoing protocol upgrades, active GitHub contributions, ecosystem expansion, and efforts toward institutional integration. The RWA sector, which involves tokenizing traditional financial instruments and physical assets like bonds, real estate, and invoices, is increasingly viewed as a major narrative for the crypto industry in 2026. Projects leading in development are positioning themselves at the forefront of this tokenization trend.