Altcoins

$6B tokenized commodities boom – Is digital gold the new haven?

Tokenized commodities are gaining steam as digital property broaden past cryptocurrencies. Extra buyers are turning to blockchain-based variations of RWAs – particularly valuable metals – as they search for new methods to enter.

Right here’s the newest.

Tokenized gold pushes market to new highs

tokenized commodities

Supply: Token Terminal

The market cap of tokenized commodities has crossed $6 billion, an ATH for the sector. Development has picked up in 2026, with the whole worth rising nearly vertically in current weeks.

Supply: Token Terminal

Much of this expansion is gold-backed tokens, led by Tether’s XAUT and Paxos’ PAXG. XAUT has grown to a market cap of $3.6 billion, posting positive aspects of 51.6% over the previous 30 days, 64% over 90 days, and 184% over 180 days.

In the meantime, PAXG has reached $2.3 billion, rising 33.2% prior to now month, 66% over three months, and 144% over six months.

Supply: Token Terminal

Collectively, these two tokens account for almost all of the sector’s whole valuation. Smaller property corresponding to PGOLD and XAUM are additionally increasing, however their market caps stay far under.

Ethereum is the no.1 selection

Ethereum [ETH] serves as the primary community for tokenized commodities, with most gold-backed tokens issued on the platform. Whereas variations of those property are actually out there on Arbitrum [ARB], BNB Chain [BNB], Solana [SOL], and different networks, Ethereum stays the core infrastructure for the sector’s growth.

The attraction is straightforward. Tokenized gold permits buyers to achieve publicity to bodily gold whereas staying fully on-chain. It retains them from having to cope with storage, transport, or conventional intermediaries. With volatility throughout crypto markets, demand seems to be going to safer digital property reasonably than exiting the area altogether.

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The numbers make it clear that tokenized commodities are one of many fastest-growing segments inside the higher digital asset market.


Closing Ideas

  • Tokenized gold pushed commodities previous the $6 billion milestone.
  • XAUT and PAXG management over $5B mixed.
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