LIVE
BTC$76,600.00 1.42%ETH$2,109.20 1.33%USDT$0.9989 0.02%BNB$655.24 0.31%XRP$1.35 2.35%USDC$0.9997 0.00%SOL$85.85 1.94%TRX$0.3625 0.44%FIGR_HELOC$1.03 0.47%DOGE$0.1048 1.14%HYPE$56.62 3.96%USDS$0.9996 0.02%ZEC$616.59 8.14%ADA$0.2473 2.24%LEO$9.86 0.26%BCH$377.31 0.94%XMR$382.37 5.01%LINK$9.67 1.26%WBT$56.49 1.44%CC$0.1566 2.60%TON$1.95 5.25%XLM$0.1459 1.67%USD1$0.9993 0.06%USDE$0.9990 0.01%DAI$0.9996 0.00%SUI$1.08 6.90%LTC$53.79 1.01%AVAX$9.33 1.72%HBAR$0.0890 1.52%M$2.76 0.71%BTC$76,600.00 1.42%ETH$2,109.20 1.33%USDT$0.9989 0.02%BNB$655.24 0.31%XRP$1.35 2.35%USDC$0.9997 0.00%SOL$85.85 1.94%TRX$0.3625 0.44%FIGR_HELOC$1.03 0.47%DOGE$0.1048 1.14%HYPE$56.62 3.96%USDS$0.9996 0.02%ZEC$616.59 8.14%ADA$0.2473 2.24%LEO$9.86 0.26%BCH$377.31 0.94%XMR$382.37 5.01%LINK$9.67 1.26%WBT$56.49 1.44%CC$0.1566 2.60%TON$1.95 5.25%XLM$0.1459 1.67%USD1$0.9993 0.06%USDE$0.9990 0.01%DAI$0.9996 0.00%SUI$1.08 6.90%LTC$53.79 1.01%AVAX$9.33 1.72%HBAR$0.0890 1.52%M$2.76 0.71%
← G.MARKETS/COMPARE/PAX Gold logoPAXGEthereum logoETH
MCAP COMPARISON · LIVE

If had 's mcap →

PAXG WOULD BE
$541,115.01
currently $4,508.95 · target mcap $254.49B
MULTIPLIER
120x

PAXG needs a 120x move to match ETH's valuation

PAXG vs ETH
PAX Gold logo
PAX Gold
SOURCE

PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.

PRICE$4,508.95
24H CHANGE 0.61%
MARKET CAP$2.12B
RANK#45
SUPPLY470K PAXG
DOMINANCE0.07%
7d 1.94%
VS
Ethereum logo
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$2,109.20
24H CHANGE 1.33%
MARKET CAP$254.49B
RANK#2
SUPPLY120.7M ETH
DOMINANCE8.48%
7d 4.26%
normalized % change
size in proportion · area = mcap
MARKET CAParea = proportional cap
120x bigger
PAXG$2.12B
ETH$254.49B
THE CLIMBPAX Gold logoPAXGEthereum logoETHMULTIPLIER 120xGAP$252.37B
$10.00B$100.00B
PAX Gold logo
SOURCEPAXG$2.12B
Ethereum logo
TARGETETH$254.49B
Ondo US Dollar Yield logo
USDY$2.13B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL$2.53B
Global Dollar logo
USDG$2.75B
Shiba Inu logo
SHIB$3.40B
MemeCore logo
M$3.60B
Sui logo
SUI$4.32B
USD1 logo
USD1$4.76B
WhiteBIT Coin logo
WBT$6.69B
Bitcoin Cash logo
BCH$7.56B
USDS logo
USDS$11.10B
Figure Heloc logo
FIGR_HELOC$18.56B
XRP logo
XRP$83.17B
log scale · mcap in USDMay 22, 2026
PAX Gold logo
PAXGPAX Gold
$2.12BSOURCE
Ondo US Dollar Yield logo
USDY
$2.13B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL
$2.53B
Global Dollar logo
USDG
$2.75B
Shiba Inu logo
SHIB
$3.40B
MemeCore logo
M
$3.60B
Sui logo
SUI
$4.32B
USD1 logo
USD1
$4.76B
WhiteBIT Coin logo
WBT
$6.69B
Bitcoin Cash logo
BCH
$7.56B
USDS logo
USDS
$11.10B
Figure Heloc logo
FIGR_HELOC
$18.56B
XRP logo
XRP
$83.17B
Ethereum logo
ETHEthereum
$254.49BTARGET
mcap in USDMay 22, 2026
If PAXG hit ETH mcap
target: $541,115.01 / PAXG
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 PAXG$450,895.00$54,111,501.00+$53,660,606.00
Coffee money1K PAXG$4,508,950.00$541,115,009.98+$536,606,059.98
Small bag10K PAXG$45,089,500.00$5,411,150,099.82+$5,366,060,599.82
Real bag100K PAXG$450,895,000.00$54,111,500,998.18+$53,660,605,998.18
Whale bag1M PAXG$4,508,950,000.00$541,115,009,981.79+$536,606,059,981.79
Generational10M PAXG$45,089,500,000.00$5,411,150,099,817.91+$5,366,060,599,817.91
$254.49B compared to the world
WalmartWMT
$600.00B
ETH mcap is 42.4% of Walmart
VisaV
$580.00B
ETH mcap is 43.9% of Visa
UnitedHealthUNH
$450.00B
ETH mcap is 56.6% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 67.0% of Netflix
UberUBER
$160.00B
ETH mcap is 1.59× Uber
NikeNKE
$130.00B
ETH mcap is 1.96× Nike

About this comparison

This page compares the market capitalizations of PAX Gold (PAXG) and Ethereum (ETH). With PAX Gold currently at $4,508.95 per coin and a market cap of $2.12B, and Ethereum at $2,109.20 with a market cap of $254.49B, applying Ethereum's market cap to PAX Gold's circulating supply produces a hypothetical PAXG price of $541,115.01 — a 120x move from current.

PAX Gold: PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.

Ethereum: Ethereum is a global, open-source platform for decentralized applications.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If PAX Gold had Ethereum's market cap, what would the price be?

If PAX Gold (PAXG) had Ethereum's (ETH) current market cap of $254.49B, each PAXG would be worth approximately $541,115.01 based on the circulating supply of 470,301 PAXG. That is 120x the current PAXG price of $4,508.95.

What is the current market cap of PAX Gold?

PAX Gold (PAXG) currently has a market cap of $2.12B, ranking #45 by market capitalization. Each PAXG trades at $4,508.95.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $254.49B, ranking #2 by market capitalization. Each ETH trades at $2,109.20.

How does PAXG compare to ETH?

PAX Gold's market cap of $2.12B sits far above Ethereum's $254.49B. For PAXG to reach ETH's current valuation, the price would need to move 120x from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming PAX Gold's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.