
Trading of tokenized gold assets on Solana blockchain surged 290% on February 28 amid geopolitical tensions triggered by U.S. airstrikes on Iran.
Tokenized gold reached an all-time high trading volume on February 28, 2024, coinciding with U.S. military strikes on Iran. Data shows trading activity on the Solana blockchain soared to 25.5 million tokens, a 290% increase over the previous record. The spike reflects heightened demand for blockchain-based safe-haven assets during geopolitical uncertainty, as traders often turn to gold-linked digital tokens when fiat currencies and crypto markets face volatility.