What is the difference between Ethereum and PAX Gold?

Ethereum (ETH) and PAX Gold (PAXG) are both cryptocurrencies with different market capitalizations. Ethereum has approximately 121.8x the market cap. Compare their prices, volumes, and market performance.

Which has a higher market cap: Ethereum or PAX Gold?

Ethereum has a higher market capitalization at $230.92B compared to PAX Gold at $1.90B. Market cap represents the total value of all circulating coins.

What would Ethereum price be if it had PAX Gold market cap?

If Ethereum reached the market cap of PAX Gold, its price would be approximately $15.71, representing a 0.01x. This assumes constant circulating supply.

What is circulating supply?

Circulating supply is the number of coins or tokens that are currently available and circulating in the market. It excludes coins that are locked, reserved, or not yet released. This is different from total supply and max supply. Circulating supply is used to calculate market cap: Price × Circulating Supply = Market Cap.

What is the difference between circulating supply and maximum supply for Ethereum and PAX Gold?

Ethereum has a circulating supply of 120,681,917 coins, while PAX Gold has 436,947 coins. Circulating supply is the amount currently available and trading in the market. Maximum supply is the total number that will ever exist. A lower supply with high demand can lead to higher prices, while higher supply means more coins are available for trading.

What is Ethereum's market cap?

The market cap of Ethereum is currently $230.92B. Market cap is calculated by multiplying the current price ($1,913.47) by the circulating supply (120,681,917 ETH).

What is PAX Gold's market cap?

The market cap of PAX Gold is currently $1.90B. Market cap is calculated by multiplying the current price ($4,340.13) by the circulating supply (436,947 PAXG).

What is Ethereum's all-time high (ATH)?

The all-time high of Ethereum is currently $4,946.05. This means ETH is currently 61.3% below its peak price. The ATH represents the highest price ever recorded for this cryptocurrency.

What is PAX Gold's all-time high (ATH)?

The all-time high of PAX Gold is currently $5,619.09. This means PAXG is currently 22.8% below its peak price. The ATH represents the highest price ever recorded for this cryptocurrency.

What is 24-hour trading volume?

24-hour trading volume represents the total value of all trades executed in the past 24 hours. ETH has a 24h volume of $6.08B, while PAXG has $113.11M. Higher volume indicates more liquidity and typically easier buying/selling with less price impact.

What does market cap rank mean?

Market cap rank shows a cryptocurrency's position relative to all other cryptocurrencies. ETH is ranked #2 and PAXG is ranked #43. Rank #1 means the largest market cap in the crypto market. This ranking changes constantly as prices fluctuate.

How much would Ethereum be worth if it had PAX Gold's market cap?

If Ethereum had PAX Gold's market cap, its price would be approximately $15.71. This represents a 0.01x from its current price. This projection helps visualize the valuation gap between the two cryptocurrencies based on current market conditions.

Calculate the price of Ethereum with the market cap of PAX Gold

Select two assets — we recalculate what the first would cost if it matched the second's total market value.

Coin A

Coin B

Ethereum price with the market cap of PAX Gold

$15.71 (0.01x)

If Ethereum had PAX Gold's market cap, its price would sit 99.2% below today's — a 0.01x move from the current price.

ETH mcap #2 $230.92B

PAXG mcap #43 $1.90B

Holdings

ETH

At a glance

Coin B commands premium pricing despite smaller market cap

	EthereumETH	PAX GoldPAXG
Spot price	$1,913.47	$4,340.13
Market cap	$230.92B	$1.90B
Fully diluted valuation	$230.92B	$1.90B
Global rank	#2	#43
24h high	$1,918.76	$4,424.57
24h low	$1,884.97	$4,331.01
24h volume	$6.08B	$113.11M
Volume / market cap	+2.63%	+5.96%

Performance, extremes & supply

Slight momentum difference between the two

	EthereumETH	PAX GoldPAXG
24h change	+0.40%	-1.70%
7d change	+1.70%	-0.70%
30d change	+2.70%	+8.20%
All-time high	$4,946.05	$5,619.09
From ATH	-61.31%	-22.76%
All-time low	$0.4330	$1,399.64
Circulating supply	120,681,917 ETH	436,947 PAXG
Total supply	120,681,917 ETH	436,947 PAXG
Max supply	Unlimited	Unlimited

Sentiment & social reach

Crowd signals, watchlist traction, and audience scale across public channels.

	EthereumETH	PAX GoldPAXG
Bullish sentiment	+88.89%	+66.67%
Watchlist users	$1.98M	$45.43K
Trend score	4	—
Reddit subscribers	$0.00	$0.00
Telegram users	$0.00	$0.00

Dev activity & network

Code contribution cadence, open-source reach, and on-chain protocol attributes.

	EthereumETH	PAX GoldPAXG
GitHub stars	44,422	—
Contributors	906	—
Commits (4w)	41	—
Hashing algorithm	Ethash	—
Genesis date	2015-07-30	—

Frequently asked questions

Answers about these assets and how the comparison is calculated.

What is Ethereum?

Ethereum (ETH) is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (DApps). Unlike Bitcoin which is primarily a currency, Ethereum is a programmable platform that allows developers to build and deploy applications on its blockchain. It introduced the concept of smart contracts and is the foundation for DeFi and NFTs.

What is PAX Gold?

PAX Gold (PAXG) is a cryptocurrency that operates on blockchain technology. It can be used for peer-to-peer transactions, investments, and various decentralized applications depending on its specific features and use cases.

What makes Ethereum different from PAX Gold?

Ethereum (ETH) and PAX Gold (PAXG) are different cryptocurrencies with distinct use cases, technical implementations, and market positions. They may differ in consensus mechanisms, transaction speeds, supply models, and ecosystem development. Compare their market caps, trading volumes, and historical performance to understand their relative positions in the crypto market.

Should I buy ETH or PAXG?

This comparison tool helps you understand the market valuations, but it does not constitute financial advice. Both cryptocurrencies have different use cases, risk profiles, and market positions. Do your own research, understand the technology, and consider your risk tolerance before investing. Past performance does not guarantee future results.

Where can I buy Ethereum and PAX Gold?

Both Ethereum and PAX Gold can be purchased on most major cryptocurrency exchanges including Coinbase, Binance, Kraken, and others. You will need to create an account, verify your identity, deposit funds, and then trade for the cryptocurrency you want.

How does Ethereum work?

Ethereum operates on a Proof of Stake consensus mechanism (after the Merge) where validators stake ETH to process transactions and secure the network. It features the Ethereum Virtual Machine (EVM) that executes smart contracts - self-executing code that automatically enforces agreement terms. Unlike Bitcoin's fixed supply, Ethereum has a flexible supply model with EIP-1559 burning mechanism that can make ETH deflationary.

How does PAX Gold work?

PAX Gold operates on blockchain technology using a consensus mechanism to validate transactions. The specific technical details depend on whether it uses Proof of Work, Proof of Stake, or another consensus algorithm. Transactions are recorded on a distributed ledger maintained by network nodes.