Crypto’s Only Growing Sector Runs on Gold and Equities

NewsSun, 26 Jul 2026 10:00:00 UTC3 hours ago
Crypto’s Only Growing Sector Runs on Gold and Equities

Tokenized assets grew 267% between June 2025 and June 2026, the only crypto sector to add market value, while the rest of the market declined.

The gain came from new issuance rather than rising prices. Gold tokens and equity tokens accounted for almost all of the expansion.

Gold Supply On Chain Doubled While Prices Rose Just 20%

In a recent report, CryptoRank noted that gold prices rose nearly 20% over the period. So, the price rise cannot explain the sector's growth on its own.

However, the amount of gold held on chain roughly doubled, climbing from 524,000 ounces to more than 1 million. That gap matters.

"The growth came from issuance rather than price," CryptoRank said.

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Gold Supply On-Chain. Source: CryptoRank

Notably, a year ago, precious metals accounted for nearly 100% of openly traded tokenized assets, according to CryptoRank. Tether Gold (XAUT) and PAX Gold (PAXG) held most of that market capitalization.

By June 2026, however, precious metals had fallen to 68% of the sector. The share dropped as more asset classes entered the market.

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