Gate Research Institute: Gold and silver prices rise to historic highs, driving significant expansion of the tokenized commodities sector

ChainCatcher News: The Gate Research Institute recently released the “Cryptocurrency Market Review for January 2026” report, which points out that in January, the market capitalization distribution of stablecoins across public blockchains remained highly concentrated. Ethereum accounted for over half of the share, continuing its position as a core settlement and DeFi liquidity hub; Tron remained in second place, playing a key role as a high-frequency settlement channel in cross-chain payments and token transfers.

In terms of macro assets, gold and silver prices rose to historic highs, significantly expanding the tokenized commodities sector. The total market value of related tokens exceeded $5 billion, with a growth of over 35% in the past 30 days. Monthly on-chain transfer volume surpassed $13 billion, with gold tokens being the main growth driver. Meanwhile, the trading volume in the prediction market hit a new high of $12 billion in January, and total on-chain transaction fees exceeded $11 million. Driven by token incentive mechanisms and short-cycle high-frequency contracts, trading activity and protocol revenue increased simultaneously.

On the capital side, the Web3 industry completed 53 funding rounds in January, totaling approximately $1.82 billion, mainly flowing into blockchain services and CeFi-related sectors.

Regarding security, Web3 risk events showed a loss structure characterized by “few large-scale losses and dispersed small-scale losses.” Contract vulnerabilities remain the primary risk source, accounting for 34.5%. Notably, Step Finance suffered a supply chain attack, resulting in a loss of about $40 million in treasury assets, making it the largest security incident of the month.