Analyst says Chainlink is set to rally with RWA narrative, what are the other options?
The Real World Assets (RWA) narrative is gaining steam as the bull run progresses. That is why this crypto analyst is bullish on Chainlink (LINK), as he predicts that the crypto token will benefit massively from this narrative. Meanwhile, ETFSwap (ETFS) has emerged as another option for crypto investors looking to take advantage of the hype around RWA projects.
ETFSwap (ETFS) Is Already Making Waves In The RWA Industry
ETFSwap (ETFS) is already making waves in the RWA industry, even though the decentralized investment platform is just about to launch. This is because the platform has already carved a niche for itself by focusing on the tokenization of exchange-traded funds (ETFs) and enabling them for on-chain trading.
ETFSwap’s approach is unique: the platform combines decentralized finance (DeFi) principles with traditional assets like these ETFs, giving users the best of both worlds. This affords users financial freedom since they are set to gain autonomy over their investment decisions.
With the aid of blockchain technology, ETFSwap (ETFS) allows users to manage their investments directly, free of third-party systems and intermediaries like brokers. This means that users will have the freedom to decide which ETFs to invest in, actively track their portfolio, and choose when to close their trades.
This autonomy will go hand in hand with the privacy users will enjoy while trading on the ETFSwap (ETFS) platform. The investment platform guarantees users’ privacy by allowing them to trade anonymously, a move that further embodies the basic principles of decentralization and ensures that users transact freely from the preying eyes of the government and regulators.
Interestingly, even the ETFSwap (ETFS) platform will have no knowledge about the users making these transactions since the investment platform employs zero-knowledge (zk) proof technology on its platform, which helps confirm the personhood of each user without having further information about the user in question.
ETFSwap (ETFS) has also prioritized its users’ privacy by making Know-Your-Customer (KYC) requirements on the platform non-mandatory. This helps eliminate the lengthy verification process that investors are accustomed to under centralized trading platforms and allows users to quickly get started on achieving their investment goals.
ETFSwap’s customer-centric approach has given crypto investors enough reason to be bullish on the investment platform. They say it has all the ingredients to become the most prominent RWA project. That is why they are doubling down on their investments in the ETFSwap (ETFS) token, with over 130 million tokens sold in stage 1 of the ongoing presale.
Chainlink (LINK) Will Continue To Rally, Analyst Predicts
Crypto analyst Zach Rynes suggested in a recent X (formerly Twitter) post that Chainlink (LINK) will continue to rally. The analyst claimed that Chainlink will continue to be the “winner of the tokenized RWA narrative.” He added that this is because RWA is not just a narrative for Chainlink (LINK).
The analyst went on to highlight how Chainlink has been actively partnering with the largest financial institutions, onboarding them on-chain while helping them tokenize their assets. He noted that these institutions aren’t just limited to banks but also underlying financial market infrastructures like Swift and the Depository Trust & Clearing Corporation (DTCC), which are known to be used by banks globally for payment settlement.
Rynes believes that Chainlink (LINK) has established itself deeply in the financial system, which is the industry that matters most, given that the financial world is “systematically important to how society functions.”
Crypto analyst Michaël van de Poppe also recently provided a bullish outlook for Chainlink, noting that the crypto token currently has a “strong momentum.” The analyst claimed that Chainlink, currently trading at around $18.40, will see a continuation towards the yearly highs as long as it holds above $16.
Conclusion
ETFSwap (ETFS) is a new coin, which means it has more room to run than other RWA crypto tokens. On-chain analytics platform Santiment recently noted that Chainlink is facing a lot of selling pressure, which could cause the crypto token’s price to correct soon enough.
Meanwhile, ETFSwap (ETFS) is only seeing buy pressure at the moment, with many crypto investors going all in on its ongoing presale. Considering this, a $5 price target is only the starting point for ETFSwap (ETFS), which is currently selling at $0.00854.
For more information about the ETFS Presale:
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