XRP, Ethereum, Solana And One Surprise Crypto (Not Bitcoin) Are Bitwise’s ‘Cleanest Plays’
Posted On July 9, 2025
A new note from crypto asset manager Bitwise points to Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Chainlink (CRYPTO: LINK) as the “cleanest plays” in the emerging race to tokenize trillions of dollars in real-world assets (RWAs).
What Happened: In a sharp departure from speculative crypto narratives, the firm suggests tokenization could represent crypto’s most credible and scalable real-world application to date.
“Tokenization—the idea of moving stocks, bonds, and other real-world assets onto blockchains—is starting to break through,” wrote Bitwise CIO Matt Hougan and Head of Research Ryan Rasmussen.
The firm highlighted a string of developments: Robinhood (NASDAQ:HOOD) …