According to @rovercrc, traders are comparing Chainlink (LINK) and Ondo (ONDO) as leading RWA altcoin plays for the next Altseason. Source: Crypto Rover on X, Aug 26, 2025. For LINK, enterprise RWA traction includes the DTCC Smart NAV pilot that delivered mutual fund NAV data on-chain using Chainlink infrastructure, a development that can channel data and settlement flows through the Chainlink ecosystem. Source: DTCC press release, May 16, 2024; Chainlink Labs announcement, May 16, 2024. Chainlink also collaborated with SWIFT in 2023 experiments to enable cross-chain tokenized asset transfers via CCIP, reinforcing LINK’s role as RWA interoperability middleware. Source: SWIFT industry update, Sept 2023; Chainlink Labs report, Sept 2023. For ONDO, Ondo Finance issues tokenized U.S. Treasuries exposures (OUSG) and the USDY tokenized note, tying ONDO directly to on-chain fixed-income demand within the RWA segment. Source: Ondo Finance documentation and blog, 2023–2024. Institutional momentum for RWAs accelerated with BlackRock’s launch of the BUIDL tokenized fund on Ethereum in March 2024, supporting demand for on-chain cash equivalents that can benefit RWA issuers and infrastructure. Source: BlackRock press release, Mar 2024. Exchange access also matters for trading liquidity: ONDO received a Coinbase listing in 2024, broadening U.S. access and market depth. Source: Coinbase blog, 2024. Broader context: Citi estimates tokenized securities could reach $4–5 trillion by 2030, implying a multi-year RWA tailwind that may influence demand for both LINK and ONDO. Source: Citi GPS report, Mar 2023.

According to @milesdeutscher, uncertainty over the winning L1 and the leading RWA dApp makes Chainlink the picks-and-shovels trade powering multiple chains and tokenization infrastructure. Source: @milesdeutscher on X. Chainlink provides oracles and CCIP used in enterprise and RWA pilots, including Swift experiments on cross-chain tokenized asset transfers and DTCCs Smart NAV fund data initiative. Sources: SWIFT, DTCC, Chainlink Labs. For traders, this frames LINK as infrastructure exposure across ecosystems tied to RWA and corporate chain activity rather than a single L1 bet. Source: @milesdeutscher on X.

According to CryptoMichNL, there is significant enthusiasm for the Chainlink ($LINK) ecosystem, particularly for projects like $XSWAP that utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP). The analyst expresses high expectations for $XSWAP, highlighting its development of a Real World Asset (RWA) marketplace and the XPay SDK. This indicates a bullish sentiment towards $LINK and affiliated projects, suggesting potential growth and innovation within the ecosystem.

According to CryptoMichNL, XSWAP, a project in MN Capital's portfolio, is collaborating with Chainlink's CCIP to enhance cross-border transactions. This project, part of the Chainlink ecosystem, currently has a very low market capitalization, indicating potential growth opportunities for investors.

According to @CryptoMichNL, one of the investments from @MNCapital_vc is @xswap_link. This project integrates two key principles: Chainlink and bridging through CCIP. As part of the Chainlink BUILT program, XSwap, currently valued at only $5 million, has announced a buyback program.