$PAXG Token Price Analysis: How High Can It Rise by 2026? The Latest Market Forecasts Fully Explained

PAX Gold (PAXG) is making history — as a tokenized asset backed 1:1 by physical gold, it successfully brings an ancient safe-haven asset into the digital age. As the spot gold price broke through the psychological threshold of $5,100 per ounce on January 26, 2026, PAXG also hit a new all-time high, with its price increasing by over 84% in the past year.

01 Real-Time Price and Market Performance

According to the latest data from the Gate platform on January 26, 2026, the real-time price of PAX Gold (PAXG) is $5,125.84. In the past 24 hours, its price has risen by 1.44%, with a trading volume of $50 million.

Data from CoinGecko also confirms this strong performance, with PAXG’s daily trading volume reaching $537 million, maintaining a top 60 ranking among cryptocurrencies by market cap.

The current market sentiment is generally optimistic. Technical indicators show that both the 50-day and 200-day moving averages of PAXG are trending upward, indicating strong short-term and long-term momentum.

Although the “Fear and Greed Index” is at 25 (extreme fear), this often occurs during significant market volatility or high uncertainty, aligning with gold’s appeal as a safe-haven asset during turbulent times.

02 Three Core Factors Influencing PAXG Price

The price of PAXG is not solely determined by crypto market sentiment; it is also influenced by traditional gold markets, developments in the crypto industry, and on-chain technical indicators.

The macro gold market is the foundation of PAXG’s price. Currently, the market widely expects major central banks worldwide to enter a rate-cutting cycle. Coupled with persistent inflation pressures and geopolitical uncertainties, these factors collectively support a long-term bullish outlook for gold.

Several institutions, including Goldman Sachs, have raised their year-end gold target prices to $5,400, providing solid valuation support for PAXG.

The adoption and regulation of cryptocurrencies also determine the premium space for PAXG as a digital asset. PAXG is a leader in the tokenization trend of “Real World Assets” (RWA), with a market cap surpassing $2 billion.

Its deep integration across major global exchanges like Gate and various DeFi protocols greatly enhances its liquidity and utility. However, its value depends entirely on the creditworthiness and regulatory compliance of the issuer Paxos (e.g., regulated by the New York Department of Financial Services, NYDFS), which is a key potential risk factor.

On-chain activity and market sentiment directly impact short-term price fluctuations. Hyperliquid on-chain data shows that a whale address known as “PAXG largest long” holds a 5x leveraged long position, which has achieved approximately 96% return, with unrealized gains exceeding $710,000, and has set a take-profit target at $8,850.

The movements of such large holders and the generally high funding rates of perpetual contracts indicate a strong speculative bullish sentiment, which could drive PAXG’s price away from its gold spot value in the short term.

03 Short-term and Long-term Price Outlook

Based on current market data and analytical models, several institutions have provided forecasts for PAXG’s future price. It’s important to note that all predictions are based on historical data and modeling results, not investment advice. Cryptocurrency markets are highly volatile, so caution is advised.

Short-term forecast (next 30 days)

According to Changelly’s analysis, PAXG’s price may experience sideways upward movement over the next month. The model predicts that its price could rebound above $5,100 in early February and attempt to break a new resistance around $5,260 in mid to late February.

Medium-term forecast (by the end of 2026)

Different platforms have varying medium-term predictions, but the consensus is bullish. Gate’s model indicates that by 2026, the average price of PAXG could be around $5,124.2, with a wide fluctuation range—potential lows down to $2,920.79 and highs reaching $7,583.81.

Traders Union’s forecast is more optimistic, estimating an average price of approximately $6,858.74 in December 2026.

Long-term forecast (2027 - 2040)

For long-term holders, models depict considerable growth potential. Gate’s projection suggests that by 2031, PAXG’s average price could reach $12,681.45, representing about 147% potential growth from current levels.

Kraken’s conservative model, based on a 5% annual growth rate, estimates a price of $6,532.46 by 2031. Traders Union’s most aggressive long-term outlook predicts that by 2040, PAXG could even reach $21,583.8.

The table below summarizes long-term price forecasts from different sources for comparison:

04 How to Trade PAXG on the Gate Platform?

As a leading cryptocurrency exchange, Gate offers users secure and convenient PAXG trading services. You can easily find PAXG/USDT trading pairs in Gate’s spot market, enjoying deep liquidity and competitive fees.

Before trading, ensure you have completed account registration and KYC verification. After depositing funds, you can search for “PAXG” directly in the trading interface to buy or sell. Gate also provides rich chart analysis tools to help you make informed decisions.

Experienced traders can closely monitor whale movements on-chain and macro news about the gold market, which are often leading indicators of price movements. For example, the current whale’s target at $8,850 can serve as a long-term technical reference point.

Future Outlook

One analyst, while reviewing on-chain data for PAXG, found that the whale holding millions of dollars in long positions had an average entry cost of only $4,126, while gold was still trading below $4,200 at that time.

Today, his unrealized profit approaches one million dollars, but the take-profit order at $8,850 remains untriggered. On another trading platform’s chart, PAXG’s price curve nearly perfectly overlaps with the London Gold spot trend, deviating only slightly during intense crypto market volatility.

The valuation logic of PAXG is exceptionally clear: it is both gold and cryptocurrency. When markets are fearful, people flock to gold for safety; when markets are greedy, they amplify gains through cryptocurrencies. PAXG stands at this crossroads, serving as a bridge connecting the two worlds.