This week, we examine the Real-World Asset (RWA) sector’s resilience, highlighted by a massive capital rotation into tokenized commodities. Amidst escalating U.S. tariff rhetoric and Middle East instability, tokenized gold protocols like Tether Gold (XAUt) and Paxos Gold (PAXG) have emerged as primary “risk-off” destinations. We analyze the $7.32B market cap milestone for tokenized commodities and equities, the 62.96% surge in monthly transfer volumes, and how these primitives are being utilized as pristine collateral in the DeFi stack. Bitcoin: On-chain fees surged by +12.2% to $1.22 million, despite a price ... (full story)