Gold Rally Drives Record PAXG Flows with 8,830 Active Addresses

Gold’s rally is channeling fresh capital into tokenized gold, with PAX Gold (PAXG) posting an all-time high of 8,830 daily active addresses on July 6. Santiment data also shows realized profits spiking to a five-month peak of $6.77 million, while Nansen reports $6.9 million in net exchange outflows and $1.8 million in new-wallet accumulation. Despite trading near $4,150—26% below its January peak—PAXG’s $1.8 billion market cap and 452,000-token supply reflect growing institutional adoption amid shifting Fed expectations and upcoming macro data releases.