The US, Indonesia and Turkey are leading the crypto and blockchain markets with 33% of RWA crypto interest, according to a report from CoinGecko.
CoinGecko notes in its report that the country most interested in crypto Real World Assets (RWA) is “the US, which accounts for 14.8% of global interest in the narrative in 2024 to date.”
CoinGecko also mentioned that as “a major arena for crypto, the US has previously led interest in other narratives, including small cap tokens and AI crypto.”
Notably, CoinGecko pointed out that “the most popular RWA protocol among US crypto investors during this period is Ondo Finance (ONDO), which made up almost half of the country’s interest in RWA crypto.”
The research report from CoinGecko further noted that “the US has also led interest towards most RWA protocols, for example representing almost a third of global attention in Goldfinch (GFI) and Maple (MPL) so far this year.”
CoinGecko added that other countries paying “the most retail attention to RWA crypto are Indonesia and Türkiye, representing 10.1% and 8.0% of global interest respectively.”
CoinGeco also noted tha t”both countries have been more interested in the RWA crypto narrative as a whole, compared to any individual RWA protocols.”
Besides Indonesia, 3 other Southeast Asian countries also “ranked among those most interested in RWA crypto, namely Vietnam (2.9% share of global interest), the Philippines (2.2%) and Singapore (1.2%).”
CoinGecko added that neighboring India “came in 4th with 6.3% of global RWA crypto interest, as the only South Asian country to rank in the top 20.”
Similarly, Brazil is leading South American interest “in RWA crypto with a 3.3% share that ranks the country 9th globally, while Nigeria ranked the highest among African countries at 16th globally with a 1.5% share.”
On the European continent, the UK has been paying “the most attention to RWA crypto, representing a 5.6% share of global interest in the narrative.”
Separately, 6 out of the 27 European Union countries ranked “among the global top 20 most interested in RWA crypto, with France in the lead holding a 3.9% share.”
CoinGecko’s report further revealed that “in total, the top 20 countries most interested in RWA crypto account for a majority 81.8% of global attention towards the narrative so far this year.”
Methodology
The research study examined non-botted web traffic “by country from January 1 to September 16, 2024, based on CoinGecko’s overall Real World Assets (RWA) category page and the individual pages for all 8 RWA protocol coins, namely: Maker (MKR), Ondo (ONDO), Goldfinch (GFI), Centrifuge (CFG), Maple (MPL), TrueFi (TRU), Parcl (PRCL) and RealToken Ecosystem Governance (REG).”
