[On-Chain Gold Handles Black Swan Events During Traditional Market Closure, Highlighting Blockchain Advantages] BlockBeats news, February 28: Due to the full escalation of the U.S.-Iran conflict, the price of on-chain gold, represented by PAXG and XAUT, surged dramatically. Among them, PAXG reached a peak of $5,600 today, with a single-day trading volume exceeding $1 billion, fully reflecting investors' demand for gold trading during black swan events. In contrast, the gold market within the traditional financial system remains closed.