Analysis of published data on conformational transitions in relatively
small proteins shows that the slopes of these transitions are proport
ional to the protein molecular weight. It is true both for transitions
from the native (N) to the unfolded (U) states (when protein denatura
tion is coupled to its unfolding) and for transitions from the native
to the molten globule (MG) states and from the molten globule to the u
nfolded state (when protein denaturation is decoupled from protein unf
olding). This is precisely the behaviour predicted by thermodynamics f
or first order phase transitions ('all-or-none' transitions) in small
systems. It follows that N --> U, N --> MG and MG --> U transitions in
proteins are all of the 'all-or-none' type. Thus the molten globule s
tate of protein molecules is separated by an 'all-or-none' transition
both from the native and the unfolded state, i.e. the molten globule s
tate is a third thermodynamic state of protein molecules in addition t
o the two previously established states - the native and the unfolded.