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Mantra’s Meteoric Rise: A Game-Changer for Asset Tokenization
The space of asset tokenization is undergoing a significant development. In the past 24 hours, the native token of Mantra Chain, $OM, has surged by around 30%. This surge has resulted in $OM surpassing a market cap of $5.5 billion and has led to $OM overtaking the token that was once in first place, $TRUMP. Following this explosive rise, $OM has actually claimed the third spot in CoinGecko’s trending cryptocurrency list, just behind Ethereum Name Service ($ENS). The recent surge has been driven by a major milestone for Mantra Chain, redefining its journey toward merging real estate with blockchain technology. The platform expressed that it has successfully tokenized $1 billion worth of assets from DAMAC Properties, one of Dubai’s largest and most powerful real estate companies. This partnership, they say, is a game changer for the Real-World Asset sector, representing a groundbreaking combination of traditional real estate with blockchain technology. $OM just hit a major milestone. $1B in assets from @DAMACOfficial , one of Dubai`s biggest real estate giants, are being tokenized on @MANTRA_Chain . This is a game-changer for the RWA space—bridging real estate, blockchain, and global investors. #MANTRA is leading the… pic.twitter.com/vRCKgBLUyQ — Robert hook (@Robert_i0) January 30, 2025 Through this strategic move, Mantra Chain is setting the stage for a new era of investments in real estate, where international investors can access tokenized forms of the high-value, hard-to-reach real estate market. By utilizing blockchain to create tokenized assets, Mantra is effectively granting these international investors access to a more liquid, globalized market for investments in real estate. That process is, of course, perfectly in line with the burgeoning interest in real estate that’s becoming evident around the world. The Rise of Real-World Asset Tokenization Asset tokenization is a rapidly emerging trend in the $16 trillion real world asset (RWA) market, with institutional and retail investor interest intensifying. Assets such as real estate, commodities, and art can now be traded in smaller and more easily managed units when they are tokenized. This opportunity is allowing a much broader range of investors to compete for these high-value assets and is opening the door for many even to access these markets. When it comes to real estate, in particular, the opportunity to invest using only a portion of what would typically be required is a game-changer. That puts Mantra Chain firmly in the crosshairs of a not-so-unfamiliar narrative for blockchain technology: A step toward adoption, a potential to disrupt. For quite a while now, the conversation around blockchain’s promise in real estate has been building. Not so much in the industry where I work—with its conversations about wealth management and asset allocation—but in the tech world and the world of venture capital, where conversations are, ostensibly, about the future. Hearing them talk, you might think blockchain is a Toblerone-sized ticket for tech to displace mediators in real estate. Tokenized assets from DAMAC Properties worth $1 billion is just the beginning. There is anticipation that this will create a ripple effect leading to the tokenization of many other asset classes. The platform, underlying this initiative, is becoming more robust and approachable and is, therefore, potentially on its way to being a major player in the still-evolving asset tokenization space. Mantra’s Vision for the Future of Blockchain and Asset Tokenization As Mantra Chain extends its innovations to cover more ground and broaden its services, it becomes clearer that the platform is aiming to lead in asset tokenization—specifically in Real-World Assets. This focus is just one piece of a bigger vision puzzle that the team at Mantra is trying to solve. In a nutshell, and very simply put, it is the aim of all these technologies and companies to bring more Real-World Asset types on-chain for all the amazing benefits that blockchains bring: more transparency, security, and better management of these types of assets; which, as you know, are also traditionally traded assets. Mantra’s rising prominence in the RWA sector is clear, as evidenced by its partnership with DAMAC Properties, which positions it splendidly to net a huge chunk of the $16 trillion RWA market. The outcome of this endeavor could unfurl further tokenization of top-shelf, high-value assets, leading in all likelihood to the birth of a new class of digital securities. As this sphere of the asset world advances toward mainstream acceptance of blockchain technology for day-to-day transactions, platforms like Mantra Chain appear set to play a big part in dictating the terms of tomorrow’s investment markets. In addition, the platform’s ability to draw in global investors is telling. It demonstrates that asset tokenization, when done using blockchain technology, can create a bridge between the old intermediation world of finance and the new decentralized finance (DeFi) world. To the extent that Mantra offers a secure, regulated environment in which to tokenize real estate assets, it sets a precedent for how the DeFi space can incorporate and enhance the real economy. Looking Ahead: The Future of Asset Tokenization and $OM Mantra Chain keeps innovating and pushing the boundaries of what blockchain can achieve. Its token, $OM, stands to benefit from the increasing adoption of its platform. The recent price surge reflects growing investor confidence in the project and its future potential. The success of Mantra Chain’s $1 billion asset tokenization deal with DAMAC Properties is expected to open the door for more partnerships in the future, positioning $OM as a key player in the nascent tokenization landscape. The RWA market is about to surge, and demand for tokenized assets is on the rise. Mantra Chain is ready to profit from these clear trends. As we head towards a more asset-based world, the global capital markets swamp will undoubtedly see a flood of new tokenized assets. And with these new assets will come a host of new investors, all looking to profit off the $OM tokens that are becoming the leading asset-based token in the space. To conclude, the monumental progress made by Mantra Chain in real estate asset tokenization, along with integrating blockchain technology into traditional sectors, has opened the door to a new world of investment possibilities. Its alliance with DAMAC Properties is a significant landmark on the road to the ever-evolving world of blockchain, and with $OM continuing to climb, it appears clear that Mantra Chain is at the helm of the asset tokenization evolution. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: loft39studio/ 123RF // Image Effects by Colorcinch CoinTurk News
TRON PRICE ANALYSIS & PREDICTION (February 1) – TRX Signals Bullish But Its Low Volatility May Slow Down Rally
Rolling back to where it initiated a massive surge last December, TRX bounced back briefly and showed signs of strength after establishing support. It currently signals buy and looks set for another major move. After the late 2024 surge that rallied the price to a peak of $0.45, TRX halted buying and rolled over. These rolls caused a deep correction and the market provided over 20% discount after six weeks of trading. The bulls took advantage of it and pushed the price back after dropping to a low of $0.217 in mid-January. As shown on the daily chart, they are slowly getting back on track but their footings are not strong yet. A significant cross above the key $0.3 level should bring retail attention to the market while the bias turns positive. For now, there’s not enough buying volume as it still trades in the bears’ zone in the short term. Failure to push through this key level might result in a dip capable of causing more correction. But looking at the latest setup, the bulls will likely sustain pressure until the price recovers fully to the top. Regardless of that, TRX remains one of the hidden altcoins staging a fresh increase, although trading volatility appears low at the time of writing while it slowly reaccumulates on the daily timeframe. TRX’s Key Level to Watch Source: Tradingview Pushing above $0.275, the next line of interest for the bulls would be the $0.31 resistance. If they scale through $0.37 to the key $0.4 level, the next resistance level to watch for a breakup would be $0.45. The $0.217 level is still standing as support. If the price drops below it, the $0.186 and $0.17 levels would be the next stopover for selling. Key Resistance Levels: $0.275, $0.31, $0.37 Key Support Levels: $0.217, $0.186, $0.17 Spot Price: $0.254 Trend: Bullish Volatility: Low Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: slavstan/ 123RF // Image Effects by Colorcinch CoinTurk News