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Yes, I’m talking about gold in the physical sense. With increasing geopolitical risks and global macroeconomic uncertainty, the total market value of gold (at one point) reached $30 trillion, firmly holding the top spot among global assets. Meanwhile, something quite interesting is happening in the Crypto world: in addition to Bitcoin, which is widely regarded as “digital gold,” physical gold is being rapidly on-chained: tokenized gold, represented by Tether Gold (XAUT), has gained new capabilities such as divisibility, programmability, and even interest generation through the RWA wave. It is challenging a narrative that has long been almost entirely dominated by Bitcoin: “Who is the real digital gold?” BTC: A Decade of Narrative Evolution Is Bitcoin (BTC) a currency or an asset? Is its core function payment or a store of…# Analysis# Exchange# MarketPre
Gate Research: BTCFi diffusion drives Starknet's upward surge; high-performance L1 and on-chain finance narrative gain momentum.Next
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