Published: February 4, 2026 | Current Price (CoinMarketCap): $5,061.12
PAXG tracks the value of physical gold while trading in crypto markets. For 2026, the biggest drivers are macro conditions (rates, inflation expectations, geopolitics) and the adoption curve of tokenized real-world assets (RWAs).
Tapbit tip: Track tokenized-gold market action on Tapbit Price. New users can register, and returning users can log in. Visit Tapbit for trading tools.
Current Market Overview
At the time of writing, PAXG trades around $5,061.12 (24h: +5.84%).
- Market Cap: $2.27B
- 24h Trading Volume: $978M
- Circulating Supply: 449.42K PAXG
- Total Supply: 449.42K PAXG
- Max Supply: ∞ (supply expands/contracts with mint/redemption against gold)
- 24h Low / High: $4,778.08 / $5,080.60
- All-Time High (ATH): $5,622.81 (Jan 29, 2026)
- Distance from ATH: -9.99%
- All-Time Low (ATL): $1,387.98 (Oct 26, 2019)
What Is PAX Gold (PAXG)?
PAXG is an ERC-20 token designed to represent exposure to physical gold, bringing divisibility and on-chain transferability to a traditional asset class. Unlike purely narrative-driven tokens, PAXG’s “fundamentals” begin with spot gold.
Technical Analysis: Key Levels to Watch
- Major Support Levels: $4,778 (24h low), $4,500 (macro/technical reference level), $4,000
- Major Resistance Levels: $5,080 (24h high), $5,500, $5,622 (ATH), $6,000
- Key Indicators (from recent market analysis):
- RSI: ~36.86 (7-day) → leaning oversold/weak momentum
- MACD: Negative histogram (about -29.66) → bearish momentum signal
- Moving Averages: 7-day SMA ~$5,108.03; 30-day SMA ~$4,757.26
If PAXG holds above the $4,778–$4,800 zone and reclaims $5,080 with strong volume, a retest of the $5,500–$5,622 area becomes plausible. A decisive break below ~$4,500 would weaken the bullish structure.
Fundamental Drivers & Catalysts for 2026
- Gold Macro Cycle: Inflation expectations, rate cuts/hikes, and safe-haven demand can directly reprice PAXG.
- Tokenized RWA Adoption: Growth in tokenized commodities can expand liquidity and usage for gold tokens.
- On-Chain Utility: More DeFi integrations can make gold exposure usable (collateral, lending, structured products).
- Crypto Risk Appetite: Even “defensive” crypto assets can sell off in broad deleveraging events.
PAXG Price Prediction for 2026: Scenarios & Targets
- Bull Case: $5,800–$6,500 if spot gold stays strong and PAXG breaks the ATH zone with sustained liquidity.
- Base Case: $4,700–$5,800 if gold remains bid but volatility persists.
- Bear Case: $3,800–$4,700 if gold corrects and crypto liquidity tightens.
| Scenario | 2026 Target | Required Catalyst | Probability (Subjective) |
|---|---|---|---|
| Bullish (New Highs) | $5,800–$6,500 | Gold strength + breakout above ATH | Medium |
| Moderate / Range | $4,700–$5,800 | Stable macro with periodic spikes | High |
| Sideways / Correction | $4,200–$5,000 | Mean reversion + mixed macro | Medium |
| Bearish | $3,800–$4,700 | Gold drawdown + crypto deleveraging | Low–Medium |
X Snapshot: What Traders Watch
- Gold narratives (CPI/Fed/rates) often lead price moves more than typical crypto “alt season” dynamics.
- Watch liquidity conditions: tokenized assets can gap if order books thin out.
How to Track PAXG on Tapbit
- Open Tapbit.
- Use Register or Login.
- Visit Tapbit Price to monitor PAXG charts and market trends.
Conclusion
PAXG is effectively “crypto-native gold.” For 2026, watch the $4,500–$4,800 support zone and the $5,622 ATH ceiling as the two most important reference levels.
Sign up on Tapbit and start your crypto journey today with low fees, high security, and professional trading tools!
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Crypto is high risk. Always do your own research and manage risk.
