TechFlow news, December 3: The Q4 digital asset report jointly released by Glassnode and Fasanara Digital shows that Bitcoin's current cycle has attracted $732 billion in new capital, while its one-year realized volatility has nearly halved, indicating a more stable market with increased institutional participation.
In the past 90 days, on-chain settlement volume for Bitcoin reached approximately $6.9 trillion—comparable to or exceeding that of Visa and Mastercard. While transaction activity is shifting off-chain due to flows into ETFs and brokers, on-chain settlements remain dominated by Bitcoin and stablecoins.
Meanwhile, the tokenized real-world assets (RWA) market has grown from $7 billion to $24 billion over the past year, emerging as one of the fastest-growing sectors in 2025, offering asset managers new distribution channels and access to broader investor bases.
