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<h3>Fireline Report</h3>
<p>The AI-driven RWA protocol XNL was TGE today, OKX airdropped 7 million tokens, and it was simultaneously listed on KuCoin, Gate, and MEXC. The testnet has over 400,000 users, and the TVL has reached $25 million.</p>
<h3>Trading Guide</h3>
<p>Event-driven, pay attention to the launch of TGE and the opening of the exchange. In the short term, watch the 0.08 dollar level. The failure condition is that the price falls below the opening price during the day. To receive the airdrop, you need to meet the Boost trading volume threshold.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 10-30 10:16</small><br><small>AI-generated summary, not investment advice</small></p></div>

<h1>Novastro $XNL TGE Launch, OKX 7 Million Token Airdrop Ignites RWA Craze</h1><h2> TL;DR</h2><p> Novastro&#39;s $XNL token officially launched on TGE on October 29, 2025, with OKX airdropping 7 million tokens to reward users through the Boost project. As a modular Layer-2 project focused on RWA (Real-World Assets), $XNL has a unique position in the $35 billion RWA market, receiving enthusiastic responses from the Chinese community and is expected to play an important role in compliant tokenization and cross-chain liquidity.</p><h2> Core Analysis</h2><h3> Novastro $XNL TGE Details</h3><p> <strong>Project Overview</strong> : Novastro is a modular cross-chain infrastructure focused on RWA (Real Estate Tokenization), supporting compliant asset tokenization, issuance, and trading across sectors including real estate, private lending, and commodities. The project runs on Ethereum, Arbitrum, and Sui, integrates the ERC-3643 standard for on-chain compliance, and launches the fully collateralized RUSD stablecoin.</p><p> <strong>TGE Timeline</strong> :</p><ul><li> <strong>TGE launch date</strong> : October 29, 2025.</li><li> <strong>Total funding</strong> : $3.2 million, including a $2 million IDO (September 29, 2025).</li><li> <strong>Supported Exchanges</strong> : Listed simultaneously on multiple exchanges including KuCoin, MEXC, and Gate.io.</li></ul><p> <strong>Token Economics</strong> : $XNL, the native token of the Novastro ecosystem, is used for staking, governance, and yield distribution. The project bridges traditional finance and DeFi through AI-driven compliance tools and cross-chain protocols.</p><h3> OKX Airdrop Project Details</h3><p> <strong>Airdrop Scale and Mechanism</strong> :</p><ul><li> <strong>Total prize pool</strong> : 7 million $XNL tokens</li><li> <strong>Distribution Network</strong> : BNB Chain</li><li> <strong>How to participate</strong> : Based on OKX Wallet&#39;s &quot;Boost Trading Volume&quot; points system</li></ul><p> <strong>Qualification requirements</strong> :</p><ul><li> <strong>Minimum Boost balance</strong> : $250 (OKX wallet assets during the snapshot period)</li><li> <strong>Minimum trade size</strong> : $256 (earn 1 trading credit)</li><li> <strong>Snapshot period</strong> : October 14 to October 28, 2025 (UTC+8)</li></ul><p> <strong>Schedule</strong> :</p><table><thead><tr><th> stage</th><th> time</th><th> Details</th></tr></thead><tbody><tr><td> Participate in registration</td><td> October 28, 08:00 UTC</td><td> Event launch</td></tr><tr><td> Deadline for participation</td><td> October 29, 08:00 UTC</td><td> Registration complete</td></tr><tr><td> Collection starts</td><td> October 29, 12:00 UTC</td><td> 14-day collection period</td></tr></tbody></table><p> As of October 29, approximately 42,300 users had participated in the event. Users need to manually claim their rewards, which incurs a small amount of BNB blockchain network fees.</p><h3> RWA Market Trend Analysis</h3><p> <strong>Market size and growth</strong> :</p><ul><li> <strong>Current market capitalization</strong> : $35.03 billion (excluding stablecoins), up 11.76% in the last 30 days.</li><li> <strong>Number of holders</strong> : 512,041, a monthly increase of 9.14%.</li><li> <strong>Dominant Networks</strong> : Ethereum accounts for 82%, with rapid growth in Layer-2 networks such as Arbitrum and Stellar.</li></ul><p> <strong>Performance on key tracks</strong> :</p><table><thead><tr><th> category</th><th> Tokenized value</th><th> Monthly Changes</th><th> Representative projects</th></tr></thead><tbody><tr><td> U.S. Treasury Bonds</td><td> $4 billion</td><td> +0.1%</td><td> BlackRock BUIDL (2.9 billion)</td></tr><tr><td> Gold Tokenization</td><td> $3 billion</td><td> +29%</td><td> Tether XAUT (1.6 billion)</td></tr><tr><td> Private Credit</td><td> $120-160 billion</td><td> +23%</td><td> Centrifuge JAAA (969 million)</td></tr><tr><td> Commodity/Silver</td><td> $7.07 million</td><td> +100%</td><td> Ondo SLVon</td></tr></tbody></table><p> <strong>Development Trends</strong> : Institutional adoption is driving growth, and the non-stablecoin RWA market is projected to expand from $20 billion to $3.5-10 trillion by 2030. Increased regulatory transparency and the maturity of cross-chain technology are key drivers.</p><h3> Analysis of Chinese Community Reactions</h3><p> <strong>Community sentiment</strong> : The Chinese crypto community has shown strong interest in $XNL TGE, primarily through @novastrochinese and bilingual KOLs. The community views this event as a &quot;great opportunity,&quot; combining TGE exposure with airdrop rewards.</p><p> <strong>Enthusiasm for participation</strong> :</p><ul><li> A dedicated China-Korea &quot;Yapper&quot; campaign allocates 0.15% of the $XNL supply to content creators.</li><li> The community highlighted RWA&#39;s appeal in Asia, particularly in terms of asset liquidity and global trading.</li><li> Novastro is expected to attract mainland Chinese participants, despite regulatory challenges, as it views itself as a compliant bridge for real estate and bond tokenization.</li></ul><p> <strong>Market Expectations</strong> : In Chinese forums and Twitter discussions, RWA is considered a &quot;hot&quot; narrative of evolution from Bitcoin to the tokenization of real assets, with the community anticipating a market size exceeding $10 trillion by 2030. $XNL&#39;s AI+RWA model is highly praised, with its &quot;two chains and one bridge&quot; global circulation model considered innovative.</p><h2> in conclusion</h2><p> The launch of Novastro $XNL&#39;s TGE marks another significant milestone in the RWA space, with OKX&#39;s airdrop of 7 million tokens providing strong liquidity and a solid user base. In the $35 billion RWA market, $XNL offers innovative solutions for the blockchainization of traditional financial assets through AI-driven compliance tools and cross-chain infrastructure. The positive response from the Chinese community and support from major exchanges have laid a solid foundation for the project&#39;s long-term development. With the continued improvement of the regulatory environment and accelerated institutional adoption, the RWA sector is expected to experience exponential growth in the coming years.</p>
