Real-World Assets (RWA) are becoming one of the most closely watched stories in the cryptocurrency field as the industry develops under increasingly stringent oversight from institutions and regulations. The collapse of MANTRA has been a wake-up call, exposing operational gaps and stimulating demand for higher standards on crypto platforms.
Despite growing skepticism around decentralized RWA projects, the broader investment case for asset-backed tokens remains intact – especially as stablecoins and crypto treasuries lead adoption efforts. In this context, some RWA altcoins are emerging prominently in May 2025, showing both technical momentum and new investor interest.
Stablecoins and Treasuries Lead RWA Acceptance Wave
The collapse of Mantra has triggered a wave of reflection and caution in the real-world asset (RWA) sector. As Andrei Grachev, Managing Partner of DWF Labs, said:
"Mantra's collapse was truly a critical moment for the RWA sector. It exposed some serious gaps in how these permissionless crypto platforms operate. I think we'll see investors becoming much more cautious and selective about where they put their money now. Organizations will likely start demanding much higher validation standards, and regulators may intervene with closer oversight."
This event clearly shook confidence in the structure of some decentralized RWA models, pushing organizations and small investors towards more thoroughly managed and verified alternatives.
Meanwhile, the debate around the potential of RWA tokens to decouple from broader cryptocurrency market volatility is increasing.
In response to Binance Research's observation that RWA tokens showed more stability compared to Bitcoin during trade events, Edwin Mata, Co-founder & CEO of Brickken, stated:
"RWA tokens are truly backed by real value and managed by legal frameworks that enforce rights, obligations, and cash flows. In that sense, they operate like traditional securities and over time could become more resilient to cryptocurrency market volatility at a macro level, especially during market stress periods, regulatory changes, or geopolitical shocks like trade events."
Shahaf bar Geffen, CEO and Founder of COTI, reinforced this emerging divergence by declaring:
"We've witnessed the early stages of that separation. RWA tokens are pegged to tangible assets – real estate, commodities, invoices – which inherently provide a stability layer not present in purely speculative cryptocurrencies. The potential for RWAs to hedge against macroeconomic volatility, such as trade barriers or inflationary pressures, is significant."
The macroeconomic case is strengthening, and the technological and organizational support behind RWAs is also developing rapidly. Kadan Stadelmann, CTO at Komodo Platform, believes institutional acceptance will be the decisive factor:
"Acceptance by mainstream financial institutions will separate RWAs from the rest of the crypto index. No other crypto product will be as widely accepted by mainstream finance as RWAs except stablecoins, which I consider a type of RWA."
Below are the top 3 RWA coins to watch in May.
(The rest of the translation follows the same professional and accurate approach)If successfully broken, RSR could pave the way to $0.011, and potentially $0.0137 if the growth momentum continues. However, if the current level cannot be maintained, RSR may adjust to $0.0084, with deeper support at $0.0071 and $0.0057.
TokenFi (TOKEN)
The Real World Asset (RWA) platform TokenFi (TOKEN) has increased by nearly 40% over the past seven days, pushing its market capitalization back to the $20 million mark.
This significant increase occurred despite a considerable decline in trading activity, with the 24-hour trading volume dropping by over 59% to $8.13 million.
The discrepancy between price increase and volume decrease raises questions about the sustainability of this price surge, but currently, TOKEN is attracting attention as a niche story in the altcoin market.

Technically, TOKEN is approaching important resistance levels. If the price momentum continues, the token could test levels of $0.024 and $0.0275, with a potential breakout target of $0.041.
However, if a reversal occurs, TOKEN may return to the support level of $0.0194. If this level cannot be maintained, deeper declines are at $0.0137 and $0.0112.