Solana Welcomes Pax Gold to Its Growing RWA Ecosystem

Pax Gold has launched on Solana via Sunrise DeFi, expanding its Real World Assets (RWA) capabilities. This move is significant as PAXG is the world's most traded tokenized gold token.

The launch brings real gold on-chain, allowing investors to hold and trade it easily through their SOL wallet at almost zero cost. Before this, Paxos existed mainly on Ethereum, which is slower and more expensive to use due to high gas fees that can reach $20-$50 during busy periods.

Tokenized gold has been hard to access on-chain due to its limited support on most DeFi platforms and the associated bank fees. This launch changes that by providing safe-haven asset exposure without requiring a brokerage account or safe deposit box.

This development adds to Solana's growing RWA momentum, with 285,971 RWA holders and 97% of tokenized equity trading volume on the blockchain. Paxos' expansion into the $13 trillion global safe-haven asset class could be meaningful volume if even a small fraction moves on-chain through SOL.