💣 The record trading volume of tokenized gold reached an impressive $19 billion — this is already more than the largest gold #etf $PAXG played a key role in this, thanks to its strong user base and high liquidity!
✅Why is this great?
Growing popularity: tokenized gold, represented by PAXG and others, is becoming a noticeable player in the financial space — not just a niche product.
PAXG strengthens its position: despite the competition, PAXG makes a significant contribution to the overall volume and demonstrates stable demand.
✅Wide availability: it seems that more and more investors are leaning towards assets that combine the stability of gold and the flexibility of blockchain technology.
🔥Growth in the number of wallet addresses: in the last few months, the PAXG network has been supplemented by more than 2,600 new addresses — a growth of over 13% 🥳
🙌Choice of safe-haven assets: due to the need to ensure stability in an unstable macro environment, investors are increasingly turning to PAXG as a secure asset
🫡Integration with DeFi and recognition by institutions: PAXG continues to develop as a reserve in DeFi, while simultaneously strengthening trust 🤝