The Real World Asset (RWA) tokenization sector is gaining momentum, with top tokens posting sharp gains. Quant (QNT) surged more than 40% in 24 hours, while Ondo Finance (ONDO) rose 32% and Chainlink (LINK) added 12%.
Quant’s rally accelerated after several major UK banks — including Lloyds, Barclays, Monzo, and HSBC UK — executed the first tokenized deposits through the Great British Tokenized Deposit (GBTD) initiative, which is powered by Quant technology. The token moved from an August low of $55.48 to a high of $104.30, breaking resistance at $84.71. The chart is nearing a golden cross, but the Relative Strength Index has reached 80, signaling overbought conditions and a possible pullback to retest support near $84.70.
Chainlink has also rebounded from a low of $7.15. As the largest oracle network, it is benefiting from rising demand for tokenized assets. LINK has formed a golden cross and retested support at $10.26. Analysts see the next upside targets at $15 and potentially $20 if bullish momentum persists.
Ondo’s rally strengthened after the Securities and Exchange Commission (SEC) granted tokenization an innovation exemption and after the project partnered with BlackRock, the world’s largest asset manager. ONDO broke resistance at $0.4843 and its Average Directional Index continues to rise, although overbought levels suggest a possible brief pullback.
