According to CoinMeta, based on the data analyzed by analyst Darkfost, since the launch of the tokenized products supported by gold on the Binance platform, the cumulative spot trading volume has exceeded $8 billion. Excluding the high trading volumes in the initial stages of their launch, the trading volume over the past seven days has surpassed $325 million, setting a new record for this period, with a single-day trading volume of $78 million on November 5th. Darkfost pointed out that as the price of gold has corrected and the crypto market has weakened, tokenized gold trading activities have seen a rebound, but the increase in trading volume alone does not prove that investors are increasing their holdings of gold.