PAXG $PAXG a tokenized gold asset backed 1:1 by physical London Good Delivery gold is gaining traction as investors seek stable and safe-haven exposures in crypto and traditional markets. Recent data shows its market cap has climbed above ~$2 billion, reflecting strong institutional and retail interest in digitized gold assets.

📊 Price Drivers

Bullish Factors

Gold price strength: Rising global gold prices continue to support PAXG’s $PAXG underlying value.

Tokenized gold : Growth in tokenized gold trading volumes and market adoption is lifting investor confidence.

Regulatory clarity: Monthly audits and oversight by New York financial regulators improve trust among institutional holders.#GoldOnTheRise $PAXG #PAXGUSDT #paxggold #PAXG #PAXGUptrend

PAXGUSDT

Perp

5,225.21

-6.97%