In the RWA sector, ONDO and SKY are taking completely different paths.

ONDO is currently like an aggressively expanding startup—obtaining regulatory licenses, acquiring teams, and deploying across multiple chains at a rapid pace. Its liquidity performance is solid, and its user base is steadily growing, but the current price hasn’t fully factored in these positives yet. If you’re optimistic about the RWA narrative gaining momentum, this project does have huge potential.

SKY takes a more traditional finance approach. Its #比特币对比代币化黄金 TVL( is substantial, the yield model has been validated, and the focus is on long-term cash flow and stable returns. Price fluctuations are relatively mild, and the token supply is more concentrated, making it suitable for those who don’t want to monitor the market every day.

Personally, I think if you believe the tokenized asset trend still has an acceleration phase ahead, ONDO will show more flexibility—the combination of a growth narrative and real actions tends to attract capital. SKY is solid, but lacks that explosive potential; it’s more of a stabilizing force.

How to choose really depends on your own portfolio strategy and risk appetite. Both have their own logic; the key is not to confuse their positioning.