As risk assets including Cryptocurrencies fought Thursday in the middle of customs uncertainties, tokenized gold reappeared as a better than in the carnage.
The market value of gold-supported token’s caving to just under $ 2 billion on Wednesday, an increase of 5.7% over the last 24 hours, according to CoingeCko data. The climb coincided with the yellow metal that briefly touched a fresh one over $ 3,170/oz, TradingView shows.
Alongside the price rally, gold tookens experienced a madness of activity and demand in the last weeks, driven by the wider market trip. Weekly tokenized gold trading volume surpassed $ 1 billion, the highest since the US banking degree in March 2023, according to a report from Digital Asset Platform Cex.io.
The two largest tokens, Paxos Gold (PAXG), Tether Gold (Xaut), which make up the majority of the tokenized gold market, so their weekly trading volumes wave over 900% and 300%, since January 20, according to the report, cited Coingeecko data. PAXG also experienced continuous influxes totaling $ 63 million during this period, Defillama shows data.
The rally traces the wider gains in physical gold that released double -digit increases in 2025 in the midst of geopolitical uncertainty and inflation -concerned concerns. However, even gold was not spared during market -covering sales triggered by US tariffs, with prices short fell 6%before they quickly recovered to detect heights.
Since Trump’s inauguration, tokenized gold has been one of Crypto’s top -presting sectors with its market capital up 21%, the report noted. In contrast, stablecoins achieved a more modest 8%in market capital, while Bitcoin fell 19%and the total crypto market lost 26%.
“Tokenized gold appears as one of the most important diversification strategies among crypto-native users along with Bitcoin,” wrote Alexandr Kerya, VP for product management at CEX.IO. “It provides a safer and more stable approach to portfolio management, enabling users to remain within the crypto ecosystem while taking advantage of the value and stability of the underlying physical asset.”
“At the same time, the wider RWA narrative helps to make gold exposure more accessible and intuitive to users who may not have considered it before,” Kerya added.
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