Recently, a project called PLUME has attracted a lot of follow in the Web3 space. This project has demonstrated unique advantages in the on-chain representation of real-world assets (RWA).



From a compliance perspective, PLUME's ability to engage directly with the U.S. Securities and Exchange Commission (SEC) is undoubtedly a significant advantage in the current stringent regulatory environment. Furthermore, the support from Binance founder Changpeng Zhao and YZiLabs adds considerable weight to the project. Although Zhao is currently maintaining a low profile, his investment acumen is still recognized within the industry.

PLUME has also established partnerships with WLFI and Mastercard, demonstrating its influence in the traditional financial sector. Notably, PLUME is reportedly surpassing Ethereum and Solana in the number of RWA holders, indicating a considerable level of user adoption.

However, investors need to remain vigilant while following PLUME. First, the technical threshold for RWA projects is relatively low, and market competition may be very fierce. Second, rapid changes in regulatory policies may impact the long-term development of the project. Finally, as a project in its early stages, the actual implementation of PLUME still needs further observation.

Overall, PLUME performs excellently in track selection and resource integration. If the project team can maintain good execution, PLUME is expected to occupy an important position in the RWA field. However, considering the inherent risks of new projects, investors should exercise caution in managing their positions when participating.

It is worth mentioning that PLUME is mentioned in the White House's digital asset roadmap, which to some extent reflects the project's recognition at the policy level. However, we should also be aware that such policy benefits can sometimes be overhyped.

As institutional funds continue to flow into the cryptocurrency market, the demand for traditional assets to be tokenized may continue to grow. Against this backdrop, projects like PLUME that focus on the RWA sector may find more development opportunities. However, at the same time, competition in this field will become increasingly fierce, and whether projects can maintain their competitiveness in the long term remains to be seen.
PLUME-5.66%
ETH1.44%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SilentAlphavip
· 14h ago
What projects are supported by CZ? It's hard to say if they are reliable.
View OriginalReply0
Escapismvip
· 09-29 01:10
Why is the price so low!
View OriginalReply0
degenonymousvip
· 09-28 23:52
Just a new sucker harvester.
View OriginalReply0
RektButStillHerevip
· 09-28 23:51
The SEC is on board? That's promising!
View OriginalReply0
SmartContractRebelvip
· 09-28 23:40
cz is holding on, I am also holding on.
View OriginalReply0
NotFinancialAdvicevip
· 09-28 23:32
Is it another regulatory hype?
View OriginalReply0
GateUser-d7db6519vip
· 09-28 23:32
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)