Classic sector rotation play here. When a leading RWA token rallies, it lights up the entire narrative - suddenly capital starts hunting for similar setups down the market cap spectrum.

Take a look at the numbers. Plume's sitting at $117M fully diluted while the bigger name is already at $1.9B. Both secured regulatory greenlight, both building compliant infrastructure for tokenized assets. The difference? One focuses on bringing traditional assets onchain, the other provides the hosting layer.

Here's the thing about smaller caps during narrative runs - the same dollar inflow generates way bigger percentage swings. That asymmetry is where things get interesting for risk-on allocations.