Gold and silver have recently hit new highs, which has also boosted the tokenization of the commodity market. According to RWA xyz data, the total market capitalization of tokenized commodities has surged to $3.9 billion, an 11.5% increase over the past month, and has grown by nearly $3 billion since the beginning of this year.

Interestingly, tokenized gold almost monopolizes this sector, accounting for over 80% of the market share. Among them, Tether Gold stands out with a market cap of $1.7 billion, followed by Paxos Gold with a market cap of $1.6 billion. The Matthew effect of these two projects is obvious, almost dominating the entire market.

In terms of growth rate, the RWA sector is indeed accelerating. The double-digit growth in just 30 days indicates that the demand for on-chain commodities is heating up. It seems that many people are starting to bring traditional assets onto the chain, and this wave of tokenization is still going strong.