Plume's total value locked surges while PLUME token declines: The RWA Conundrum

Plume has quickly established itself as a leading player in the Real-World Assets (RWA) sector, now accounting for more than half of the investor base in this emerging industry Plume Dominates RWA Market — But Why Is PLUME Still 60% Down? [ 1 ]. By September 2025, Plume had recorded 202,000 tokenized asset addresses, with $170 million worth of assets tokenized and a Total Value Locked (TVL) of $577.8 million Plume Dominates RWA Market — But Why Is PLUME Still 60% Down? [ 1 ]. This impressive expansion is largely due to Plume’s DeFi-centric approach, which emphasizes both composability and yield opportunities. In contrast to conventional finance,

allows RWA tokens to serve as collateral, be used for liquidity, or participate in lending, ensuring smooth integration with decentralized finance platforms Plume Dominates RWA Market — But Why Is PLUME Still 60% Down? [ 1 ].

The project’s momentum is also supported by its active engagement with regulators. Plume has opened communication channels with officials from the U.S. Treasury, SEC, and Hong Kong, working to establish clear guidelines for RWA tokenization How Plume Is Positioning for the $16 Trillion RWA Market [ 3 ]. This so-called “regulatory moat” is designed to reduce risk and position Plume as a compliant link between traditional finance and DeFi. In the United States, discussions with SEC Commissioner Paul Atkins led to the suggestion of an “Innovation Exemption,” which could temporarily relax regulatory barriers for blockchain services How Plume Is Positioning for the $16 Trillion RWA Market [ 3 ].

Yet, despite these milestones, the PLUME token has struggled, currently valued at $0.0969—marking a 60% drop from its peak Plume Dominates RWA Market — But Why Is PLUME Still 60% Down? [ 1 ]. After its Binance debut in August 2025, the token initially jumped 36% in a single day but soon fell sharply as airdrop recipients sold off their holdings. By September, PLUME had shed 58% from its post-listing high, with technical analysis indicating a bearish shift in RSI from overbought to neutral Plume News: PLUME Price Drops 32% — Here's Why [ 2 ]. Experts point to token unlocks, speculative activity, and broader economic conditions as reasons for the decline. Currently, about 26.5% of the total 10 billion PLUME tokens are in circulation, heightening liquidity concerns Plume News: PLUME Price Drops 32% — Here's Why [ 2 ].

Plume’s vision goes beyond just RWAs. The team is working to tokenize $2.18 trillion in idle

, aiming to turn it into “programmable capital” for DeFi use cases Plume Dominates RWA Market — But Why Is PLUME Still 60% Down? [ 1 ]. However, this goal faces both technical and regulatory obstacles, such as smart contract vulnerabilities and ambiguous legal status for tokenized Bitcoin products Plume Dominates RWA Market — But Why Is PLUME Still 60% Down? [ 1 ]. Despite these challenges, the ecosystem continues to expand, with RWA value and holder numbers rising by 85% and 84% respectively over the past month How Plume Is Positioning for the $16 Trillion RWA Market [ 3 ].

The gap between Plume’s strong fundamentals and the PLUME token’s price highlights broader market trends. Although TVL has climbed from $186 million to $257 million since August, the number of token holders has dropped sharply from 42,000 to 22,100 PLUME Crypto Blasts +15%: Price Prediction Post … [ 4 ]. This points to declining retail interest, likely influenced by the token release schedule and macroeconomic pressures. Nevertheless, Plume’s strategic alliances—including its partnership with

stablecoin and Hong Kong’s RWA Bridge Program—demonstrate its long-term commitment to capturing a share of the $16 trillion market How Plume Is Positioning for the $16 Trillion RWA Market [ 3 ].