How Does On-Chain Data Reveal XAUt's Growing Popularity in 2025?

Explore the growing popularity of Tether Gold (XAUt) through its dramatic 150% surge in active addresses in 2025, reflecting increased adoption across institutional and retail investors. Delve into how its transaction volume hitting $1.2 billion signals heightened liquidity and market maturation. Understand the implications of concentrated holdings among top addresses and their potential influence on price dynamics. Discover the impact of an 80% spike in on-chain fees driven by increased trading volumes. This article targets investors and analysts looking to understand XAUt's transformative role in the digital gold market.

Active addresses surge 150% as XAUt adoption grows

In 2025, Tether Gold (XAUt) experienced a remarkable surge in active addresses, with a 150% increase compared to the previous year. This significant growth reflects the rapidly expanding adoption of tokenized gold in both institutional and retail sectors. The rise in active addresses coincides with XAUt's market capitalization reaching $2.1 billion, cementing its position as a leading player in the digital gold market.

To illustrate the growth trajectory, consider the following comparison:

Year Active Addresses Market Cap (USD)
2024 5,620 1.4 billion
2025 14,052 2.1 billion

This dramatic increase in active addresses can be attributed to several factors. Firstly, institutional investors have shown growing interest in XAUt as a hedge against economic uncertainties. Major financial institutions have begun incorporating tokenized gold into their portfolios, driving up demand. Secondly, retail investors have increasingly turned to XAUt as a more accessible way to invest in gold, attracted by its lower entry barriers compared to traditional gold investments.

The surge in adoption has also been fueled by XAUt's expansion across multiple blockchains, enhancing its accessibility and liquidity. This multi-chain approach has opened up new markets and user bases, contributing to the substantial growth in active addresses.

As XAUt continues to gain traction, it is positioning itself as a dominant force in the digital gold market, challenging traditional gold investment vehicles and offering a bridge between the worlds of cryptocurrency and precious metals.

Transaction volume reaches $1.2 billion, signaling increased liquidity

In 2025, Tether Gold (XAUt) achieved a significant milestone as its transaction volume surged to $1.2 billion, indicating a substantial increase in liquidity. This remarkable growth reflects the rising demand for tokenized gold and the maturation of the digital asset market. The surge in transaction volume coincided with XAUt's market capitalization exceeding $1.5 billion, underscoring the token's growing popularity among investors seeking exposure to gold through blockchain technology.

The increased liquidity can be attributed to several factors, including heightened institutional adoption and a historic rally in gold prices. A comparison of XAUt's performance with traditional gold investments reveals interesting insights:

Metric XAUt Traditional Gold ETFs
Transaction Volume $1.2 billion Varies by fund
Market Cap $1.5 billion+ Often larger
Liquidity High High
Accessibility 24/7 trading Limited to market hours
Minimum Investment Fractional tokens Often whole shares

The surge in XAUt's transaction volume and market cap demonstrates the growing appetite for digital gold assets. This trend is further evidenced by the combined trading volumes of tokenized gold products exceeding $3.2 billion by September 2025. As institutional investors increasingly recognize the benefits of blockchain-based gold tokens, such as 24/7 trading and fractional ownership, the demand for XAUt is expected to continue its upward trajectory, potentially reshaping the landscape of gold investments in the digital age.

Whale holdings concentrate, with top 10 addresses controlling 40% of supply

Recent data reveals a significant concentration of XAUT holdings among top addresses. The top 10 whale addresses now control over 40% of the total Tether Gold supply, indicating substantial market influence. This level of concentration raises important questions about market dynamics and potential risks.

To put this in perspective, let's compare XAUT's distribution to other major cryptocurrencies:

Asset Top 10 Address Holdings
XAUT >40%
BTC ~5%
ETH ~20%

This high concentration in XAUT could lead to increased volatility and susceptibility to large price movements triggered by individual whale actions. For instance, if one of these major holders were to liquidate a significant portion of their holdings, it could potentially flood the market and cause a sharp price decline.

On the other hand, this concentration might also provide some stability, as large holders often have a vested interest in maintaining the asset's value. The recent accumulation trends observed in whale addresses suggest continued confidence in XAUT's long-term prospects.

Investors should closely monitor these large holders' activities, as their actions can serve as potential indicators of market sentiment and future price movements. Trading platforms and market analysts would do well to develop tools for tracking whale address movements to provide valuable insights to their users.

On-chain fees spike 80% amid heightened trading activity

In 2025, Tether Gold (XAUt) experienced a significant surge in on-chain activity, with fees spiking by 80% due to heightened trading volumes. This dramatic increase reflects growing investor interest in tokenized gold as a hedge against economic uncertainty. The rise in fees coincides with XAUt's market capitalization reaching $2.1 billion, backed by 7.66 tons of physical gold. To illustrate the growth, consider the following comparison:

Metric 2024 2025 Change
XAUt Market Cap $1.0 billion $2.1 billion +110%
On-chain Fees Base level +80% +80%
Holders 5,147 14,052 +173%

The substantial increase in holders demonstrates the broadening appeal of XAUt among both retail and institutional investors. This trend aligns with the broader gold market, where central banks accumulated over 1,000 metric tons of bullion in 2024. The integration of traditional gold markets with blockchain technology positions XAUt as a bridge between conventional investment strategies and digital innovation. As global economic uncertainties persist, the demand for gold-backed tokens like XAUt is likely to continue its upward trajectory, potentially leading to further increases in on-chain activity and fees.

FAQ

What is the XAUt coin?

XAUt is a blockchain token representing physical gold, combining gold's value preservation with crypto's accessibility. Each token is backed by one troy ounce of gold stored in secure vaults.

Is XAUt the same as gold?

No, XAUt is not the same as physical gold. It's a digital asset backed by gold, representing one troy ounce of gold on the blockchain.

How safe is XAUt?

XAUt is highly secure, backed by strict regulations, smart contract audits, and physical gold verification. It combines gold's stability with digital asset security, ensuring transparency and protection for holders.

How much is XAUt worth today?

As of 2025-10-22, XAUt is worth $4,083.00, showing a 4.26% decrease in the last 24 hours.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.