Arbitrum RWA Market Soars 1,000X—Why Is ARB Still Falling?

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Arbitrum RWA Market Soars 1,000X—Why Is ARB Still Falling？

• Arbitrum has expanded its real-world asset market from under $200K to over $200 million by 2024.
• The DAO distributed 85 million ARB tokens to provide investment in stable and income-generating assets.

Early 2024 saw merely $100-200K worth of RWA on @arbitrum

Today？ Weve crossed $200M – representing a staggering 1000-fold increase in less than a year

Is the $ARB STEP program working？

— The Learning Pill ???? (@thelearningpill) April 15, 2025

This is attributed to the second phase of the DAOs Stable Treasury Endowment Program (STEP). In this regard, 85 million ARB tokens will be allocated to RWAs. In February, it distributed another $35 million in additional ARB for cost-generating use cases such as tokenized treasuries, among others. The strategy is mainly focused on minimizing the risk of treasury in cryptocurrencies.

The Learning Pill noted.

Source: Cryptorank.io

In the technical analysis, ARB is at $0.2796 and it has shown only a slight upward trend. The RSI stands near 37.81, just above the neutral 36.42 moving average, suggesting weak buying pressure. However, while the MACD histogram is still below the midway mark but trending upwards, the formation indicates that a reversal is underway but not quite an active one yet.

Source: Trading View

The current level is still below the $0.30 level of resistance, and more accumulation largely depends on how well the market adapts to these new tokens. The value locked in the DAO in the RWA space has not created a direct tangible value for the ARB holders, adding another dimension to the risk factor.

Apart from Arbitrum, the overall RWA space is quite reserved, but there is steady expansion. The total tokenized RWAs across all chains are more than $11.1 billion, according to DeFiLlama. In addition, RWAs have increased by 2.5 folds in one year. Among them are the tokenized U.S. Treasury and blockchain asset gold, which BlackRocks BUIDL fund is said to have more than $2.3 billion in assets today.