Altcoins Backed by Real-World Assets (RWA) Show Positive Performance Amid Crypto Market Downtrend

Altcoins in the real-world asset (RWA) category recorded significant growth throughout December 2024, despite the broader crypto market experiencing a downturn toward the year's end. Several RWA tokens demonstrated strong resilience, maintaining an upward trend that promises continued performance potential.

Reserve Rights (RSR)

Reserve Rights (RSR) saw a 35% increase during December, despite undergoing a sharp correction in the second half of the month. This marked the highest level for the altcoin in 2024, reflecting positive momentum before the correction. Investors remain optimistic about RSR's recovery prospects in the coming weeks.
Currently trading at $0.013, RSR is well below its 2024 peak of $0.027. The immediate target for this altcoin is to reclaim the $0.015 support level. If successful, RSR could continue its upward trend over the next four weeks, supported by growing investor interest.
 

Hedera (HBAR)

Hedera (HBAR) has drawn considerable investor attention due to a 56% price surge in December, despite spending most of the time in a consolidation phase. Now trading at $0.266, HBAR has attracted significant market interest, reinforcing its potential amid market uncertainties.
HBAR is currently attempting to break out of the consolidation zone between $0.392 and $0.250. To achieve this, broader market support is needed to push it past the $0.476 level. If successful, HBAR's bullish momentum will strengthen, paving the way for further rallies.

Ondo (ONDO)

Ondo (ONDO) recorded the smallest growth among the RWA altcoins, with a 7% price increase over the past four weeks. Currently trading at $1.31, ONDO remains under investor evaluation for its potential to recover from weakened momentum.
ONDO has held above the $1.24 support level, aiming to convert the $1.48 level into a new support zone. If this target is achieved, ONDO could recover previous losses and aim to reclaim the $2.00 level, signaling a stronger bullish trajectory. However, if bearish pressure persists, ONDO risks falling below $1.24 and heading toward $1.07. Such a decline would negate the bullish outlook, emphasizing the importance of maintaining key support levels to sustain investor confidence.