Binance Research: RWA Identified as Key Driver for Next Crypto Cycle

Binance research team suggests that major bull markets require a combination of monetary easing and paradigm shifts. After reviewing past cycles—Value Storage, Public Infrastructure, DeFi, and Institutional Entry—the team identifies Real World Assets (RWA) as the primary driver for the 2026 cycle. On-chain RWA scale has reached nearly $40 billion, growing 50%–60% this year, potentially fueling a 'DeFi Renaissance'.