RWA Gold Weekly Report (March 19-26): Total market capitalization corrects from high level, on-chain transaction volume and activity increase against the trend.

This article is machine translated
Show original
CoinFound Gold RWA Market Weekly Report: A review of noteworthy information from the past week in the crypto concept stock sub-sectors.

Article author and source: CoinFound

I. Market Overview

  • Between March 19th and March 26th, the gold RWA market exhibited a divergence between volume and price. Affected by the correction in spot gold prices and fluctuations in macroeconomic risk aversion, the total market capitalization of gold RWA plummeted from $5.53 billion last week to $4.99 billion, a drop of 9.97%. XAUT and PAXG both experienced double-digit declines. Despite the price drop, on-chain data showed unusually active activity, with transaction volume surging by 101.07% to $3.22 billion; the number of active addresses increased by 28.76% to 13,000. This reflects intense bullish and bearish battles and "buy the dips" behavior during the gold price correction.

II. News Review

  • The World Gold Council released the "Gold as a Service" framework on March 19.
  • Binance XAUT perpetual contracts saw a record single-day trading volume (US$6.4 billion on Wednesday, March 25).
  • Bybit launches XAUT Earn yield product & OKX launches gold token trading
  • Gate.io launches trading in 8 CFDs including natural gas and soybeans.

III. Summary

  • This week, RWA gold prices did not passively follow the decline in gold prices, but rather demonstrated independent growth resilience—high trading volume, product innovation, and standardization efforts hedged against macroeconomic risks, and institutional/retail adoption momentum remained strong. Macroeconomic variables (Federal Reserve policy, geopolitical risks) remain the main short-term drivers, but RWA's transparency, yield, and liquidity allow it to stand out in the traditional gold market. (Source: ME)

View full charts and data

Follow us to get the most accurate market insights.

X: https://x.com/CoinfoundGroup

Visit the website: https://www.coinfound.org/

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments