Gold-Backed Token Sector Hits $5.12 Billion Market Cap, XAUT and PAXG Break Into Top Sixty Cryptocurrencies
On January 23, spot gold’s ongoing rally has lifted the entire tokenized gold sector sharply higher.
The sector’s total market capitalization now stands at $51.2 billion, up over 4% in the past 24 hours. Key tokens in the space include:
- XAUT: Market cap at $25.79 billion (currently ranked 50th on the cryptocurrency market cap list)
- PAXG: Market cap at $19.89 billion (ranked 57th)
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WLFI has entered into a strategic partnership with Spacecoin, announcing a token swap to establish a presence in the "DeFi × Space Internet" space.
January 23rd — The Trump family’s World Liberty Financial (WLFI) announced a strategic partnership with Spacecoin, a decentralized satellite network project. The pair will build long-term collaboration via token swaps to explore integrating decentralized finance (DeFi) with satellite internet infrastructure applications.
This partnership aims to develop new solutions for payments, clearing, and on-chain coordination — particularly for regions with limited traditional financial infrastructure. Zak Folkman, WLFI co-founder, noted Spacecoin addresses critical real-world infrastructure gaps, and its $1 peg is tailored to serve real-world payment and settlement use cases. The two parties are highly aligned on long-term utility and execution, he added.
Spacecoin revealed it has successfully launched three satellites into low Earth orbit, marking the project’s three-year journey from concept to operational space infrastructure. Tae Oh, Spacecoin founder, stated true digital freedom requires
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Binance Launches USD1 Holding Airdrop, $40 Million WLFI Reward for Spot, Futures, and Leveraged Users
Binance announced on January 23 that it will launch a USD1 Holdings Airdrop Event starting at 00:00 UTC on January 23, 2026. Eligible users will share a total of $40 million in WLFI token rewards based on their USD1 holding proportion. The event runs through 00:00 UTC on February 20, 2026, with rewards distributed weekly.
To participate, users only need to hold World Liberty Financial USD (USD1) on Binance. Supported account types include:
- Spot Wallet
- Savings Wallet
- Margin Wallet (as collateral)
- USD?-M Futures Wallet (Multi-Asset Mode enabled)
Users holding USD1 as margin collateral or for futures positions will get a 1.2x bonus on their holdings.
Rewards will be split into 4 weekly batches of $10 million each. The first airdrop hits users’ Binance Spot Wallets on February 2, 2026, covering the period January 23–30. Subsequent drops will go out every Friday.
Reward calculations use users’ net USD1 holdings (assets minus liabilities), with the **lowest daily sna
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A certain Pendle investor's address has transferred 1.8 million tokens to a CEX, now worth around $3.83 million after holding for 3 years
On January 23, per EmberCN monitoring, a Pendle investor or team address transferred 1.8 million PENDLE (valued at roughly $3.83 million) to Bybit seven hours ago. These tokens were unlocked three years ago.
This address originally received the 1.8 million PENDLE from Pendle’s token vesting contract unlocks spanning April 2022 to April 2023—when the tokens were worth just $266,000.
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AXS and SLP See Continuous Growth for Weeks! Axie Infinity Introduces Aggressive Economic Model Reform
January 23: AXS and SLP—tokens from the Axie Infinity play-to-earn blockchain game—have been climbing steadily for weeks. Over the past 30 days, AXS has jumped more than 247% and hit a market cap of $748 million, while SLP has surged over 42% to $38.48 million in market capitalization.
The main catalyst for the rally is the aggressive tokenomics overhaul rolled out by Axie Infinity developer Sky Mavis in early 2026:
- Starting January 7, SLP emissions in the Origins mode were fully halted: This cut off the "farm-and-dump" cycle driven by automated bots, sharply reducing SLP’s daily new supply (lowering inflationary pressure by over 30%) and easing long-term selling pressure.
- Launch of bAXS (Bonded AXS, a non-transferable token): Replaced the original freely tradable AXS reward system. The new token is tied to player accounts and only usable for in-game purchases, staking, or governance. High-reputation players face lower selling fees, designed to reward genuine users over shor
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