James Ding
Sep 17, 2024 07:36
According to a CoinGecko report, the United States, Indonesia, and Turkey are the countries most interested in real-asset-backed (RWA) cryptocurrencies, accounting for 33% of global interest.
According to a recent report from CoinGecko, the United States is the leading country in terms of interest in Real World Assets (RWA) cryptocurrencies, accounting for 14.8% of global interest as of 2024. This figure puts the United States at the forefront of the RWA crypto narrative, a position previously held by other crypto sectors such as small-cap tokens and AI cryptocurrencies.
Which countries are most interested in RWA cryptocurrency?
According to CoinGecko’s analysis, the most popular RWA protocol among U.S. investors is Ondo Finance (ONDO), accounting for nearly half of the interest in U.S. RWA cryptocurrencies. The U.S. also leads in interest in other RWA protocols, including Goldfinch (GFI) and Maple (MPL), accounting for nearly a third of global interest in these assets.
Following the US, Indonesia and Turkey are also major players in the RWA crypto space, accounting for 10.1% and 8.0% of global interest respectively. Unlike the US, these countries are more interested in the RWA crypto narrative as a whole rather than focusing on specific RWA protocols.
Global Distribution of RWA Crypto Interest
Other Southeast Asian countries, including Vietnam (2.9%), the Philippines (2.2%), and Singapore (1.2%), also feature prominently in the global RWA cryptocurrency market. India is the only South Asian country in the top 20, taking 4th place overall with 6.3% of global interest. In South America, Brazil leads with 3.3%, ranking 9th globally, while Nigeria ranks 16th among African countries with 1.5%.
In Europe, the UK has the highest level of interest, accounting for 5.6% of global RWA crypto interest. France leads the EU with a 3.9% share. Overall, six EU countries are in the top 20 of the global ranking.
Overall, the top 20 countries with the most interest in RWA cryptocurrencies account for 81.8% of global interest in the space as of 2024.
Best RWA Cryptocurrency Countries
The top 20 countries with the most interest in RWA cryptocurrencies in 2024 are ranked by global traffic share as follows:
| class | nation | Sharing global interest |
|---|---|---|
| 1 | USA | 14.82% |
| 2 | Indonesia | 10.09% |
| 3 | Turkish | 8.04% |
| 4 | India | 6.34% |
| 5 | uk | 5.56% |
| 6 | france | 3.88% |
| 7 | australia | 3.73% |
| 8 | Canada | 3.65% |
| 9 | brazil | 3.33% |
| 10 | germany | 3.03% |
| 11 | Poland | 2.91% |
| 12 | vietnam | 2.88% |
| 13 | Netherlands | 2.71% |
| 14 | korea | 2.36% |
| 15 | Philippine Islands | 2.23% |
| 16 | Nigeria | 1.47% |
| 17 | Greece | 1.39% |
| 18 | Singapore | 1.20% |
| 19 | Spain | 1.11% |
| 20 | japan | 1.04% |
methodology
The study examined non-botted web traffic by country from January 1, 2024 to September 16, 2024, across CoinGecko’s overall Real-World Asset (RWA) category pages and individual pages for all eight RWA protocol coins, including Maker (MKR), Ondo (ONDO), Goldfinch (GFI), Centrifuge (CFG), Maple (MPL), TrueFi (TRU), Parcl (PRCL), and RealToken Ecosystem Governance (REG).
For more details, see the official CoinGecko report.
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