# RWA — X 热门讨论 (2026-09-25 18:55 UTC)
## @ChampAlphaX (Champion Alpha X) · 09-25 17:51 · ♥73 ↻13 💬71 What if the next RWA you invest in isn’t a building, a bond, or a piece of land?
What if it’s a claw machine that makes money every time someone plays?
That’s the part of @DualMintRWA and $PLAY that caught my attention.
Instead of simply putting a physical asset on-chain, PLAY is built around 200 operating claw machines.
The machines are held through an SPV and leased to an existing operator, who handles the day-to-day business.
So the machines can keep doing what they were built to do: generate revenue.
Every play creates real-world operating income.
That revenue is then connected to the on-chain side through Solana, creating a direct link between a physical business and a digital asset.
The potential use cases are interesting too.
You could take an asset that normally sits inside a traditional business, generate cash flow from it, and create a structure where investors can access exposure to that revenue on-chain.
For PLAY, the target is 12 to 15% annual yield, with monthly distributions planned.
The pre-deposit window opened September 22 with a $230K target.
What I’m watching now is simple:
Can DualMint turn something as ordinary as a claw machine into a scalable RWA model where the underlying revenue actually matters?
That’s a much more interesting RWA story to me than simply putting a token on a physical asset.
If you want to explore PLAY,
Get started here: https://t.co/AaKe3F5QQ0
Follow @DualMintRWA and @stardotfun for more info. https://x.com/ChampAlphaX/status/2103542930505957809
## @MSBIntel (MSB Intel) · 09-25 17:58 · ♥84 ↻8 💬4 BREAKING: Bitwise is launching an RWA vault on Sui targeting 10%+ net yield through a leveraged strategy.
Vault assets will also be usable as collateral on Bluefin Lend. https://t.co/964SlQXnvi https://x.com/MSBIntel/status/2103544561993658514
## @Kaffchad (Kaff 📊) · 09-25 15:42 · ♥43 ↻5 💬15 RWA talk moves fast, but we’ve been missing a dashboard you can actually vibe with.
Just noticed @coingecko added RWA Charts, tokenized mcap, 24h volume, token count, sliced by asset type or issuer, from 24H all the way to Max.
There’s an RWA API too if you want the same feed in your own stack.
Live tape rn:
– $8.47B tokenized mcap (+1.3% 24h)
– $1.53B tokenized volume (+10.5% 24h)
Notable metrics so far:
– Commodities still sit on most of the stack (Tether, Paxos, Kinesis)
– Stocks + ETFs punch way harder on volume than their mcap share
– BTech, Robinhood Europe, xStocks, Coinbase show up on the tape while Ondo / Tether hold AUM
If you track RWA, this is the cleanest place I’ve found to see both on one screen. https://x.com/Kaffchad/status/2103510502811033703
## @goofy_crisp (Goofycrisp) · 09-25 16:54 · ♥43 ↻8 💬2 its totally different, snek is not core infrastructure. we uses it. and snek has been slowed down for years because cardano doesnt/didnt have the right integration with existing market leaders.
im not saying we shouldnt innovate. im saying we should not reinvent the wheel when its been highly succesful and proven elsewhere and we can benefit from other protocols user base and tvl.
clear examples and their tvl: wallets -> Metamask (30m users), Phantom (20m users), Rabby (4m users) bridges -> LayerZero ($8b), Stargate ($150m) oracles -> Chainlink ($40b tvs), Pyth ($4b tvs) incentive distribution -> Galxe (36m users), Layer3 (5m users) concentrated liquidity -> uniswap ($5b) curated lending -> Aave ($20b) Morpho ($10b), Euler ($1b) perps -> Hyperliquid ($7b) rwa -> BlackRock BUIDL ($3b), Ondo ($4b) Insurance -> Nexus Mutual ($115m)
total cardano tvl is currently less than $100m. https://x.com/goofy_crisp/status/2103528555116155387
## @Moises24siete (Sukuna Trencher) · 09-25 14:09 · ♥40 ↻6 💬5 MY HOT TAKE solana:4MMQY9bwkxxTtsK3W227Q5ABT6yFY8Pmn9Ze7wmAXKY8
I still think it’s the biggest meme of this cycle. Right now, they’re pushing it to make it seem organic, while insiders and KOLs from Pumpfun are attacking solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx to generate FUD.
Why do I think so? Because the crypto market thrives on collective euphoria and on attracting new users with epic stories from early adopters.
That’s where ALLINU comes in: it’s the most obvious opportunity to fuel that massive craze. Its lore is so simple that any normie gets it right away and has fun with it.
Look at other projects in Stonklana; their stories seem hard to explain or wouldn’t generate much buzz. ALLINU, on the other hand, is a gambler dog with an intense aura, linked to a casino (DKNG) where everyone goes all-in. End of story. The rewards are just the ketchup on the burger: a bonus. It’s funny and ultra-straightforward.
I love solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR , for example, but I’m not a normie. A cat with a bag over its head because it’s anonymous and linked to a privacy coin? Wait, what is ZEC to normies? Why a cat and not a dog for privacy? Why ZEC and not another coin? Are there more privacy coins? Is that privacy coin from Solana? It’s a great concept for us and it’s going to be huge; maybe ZCAT was used precisely to draw the attention of us OGs to STONK, and it’s worked it’ll keep working… but not for normies. ZCAT isn’t something you can easily explain to your partner, your friend, the taxi driver, or your neighbors that you’ve made a lot of money with it and attract new users to crypto.
In short, solana:4MMQY9bwkxxTtsK3W227Q5ABT6yFY8Pmn9Ze7wmAXKY8 has the simplicity, charisma, and aura of PEPE, DOGE… BONK, or WIF, but with the added value of the RWA pair, which gives it an extra boost that makes it even more brilliant.
The game rewards those who went ALL IN and, despite having a bad hand, didn’t fold (that’s me).
Does that make sense? https://x.com/Moises24siete/status/2103487126604030084