In the past 24 hours, the combined trading volume of tokenized gold, particularly $XAUT and $PAXG, has surpassed that of Binance Coin (BNB), securing a prominent position as the second highest after XRP and SOL. This marks a growing activity in on-chain gold trading, exceeding most native crypto assets and indicating a shift in the crypto market towards real-world assets (RWA) and tokenization. With Bitcoin prices struggling and a lack of new crypto narratives, investors are seeking assets with better returns. Unlike many speculative cryptocurrencies lacking intrinsic value, real-world assets are based on strong, reliable fundamentals. Tokenized stocks represent companies with genuine business operations and income, while gold and silver are globally recognized safe havens. Commodities have shown practical significance, with gold prices rising substantially this year and silver experiencing notable volatility, outperforming Bitcoin’s weak performance.
Prominent crypto figures such as Equation’s founder Veda and on-chain personality 0xSun are investing in silver, highlighting the community’s growing interest in real assets. Further tokenization of globally recognized assets will enhance the availability of valuable on-chain assets. Among native crypto assets, only a limited number of tokens hold real value, with most being speculative. The emergence of tokenized stocks and gold offers traditional funds and institutions opportunities to invest in on-chain assets. This transformation could shift the on-chain environment from a “risk casino” to an “asset allocation hub,” altering the risk preferences and structure of on-chain funds. Crypto has the potential to become the next-generation financial infrastructure, bringing a revolutionary change to the financial world.
Source: binance
