The recent surge in silver spot trading is quite hot, with tokens on the chain soaring along. The iShares Silver Trust token SLV issued by Ondo has shown a fierce upward trend over the past 30 days—market capitalization has skyrocketed from nowhere to over $18 million, an increase of more than 155%.
Trading activity is even more astonishing. Monthly transfer transaction volume reached $117 million, a growth of over 1400% compared to the past 30 days. This indicates that not only are holders accumulating, but market activity in and out is also at its peak.
What's more interesting is the community expansion speed—holder numbers have increased by over 340%, now surpassing a thousand people. From a niche asset played by a few, it has gradually evolved into a market with considerable participation. This also reflects that the RWA (Real-World Asset on-chain) track is indeed attracting more and more attention. Tokenization of traditional commodities like silver seems to be finding its market rhythm.
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ProofOfNothing
· 7h ago
Silver has benefited, and RWA is really gaining momentum. A 155% increase isn't that impressive; the main thing is the trading volume, which has grown by 1400%, indicating that some people are seriously playing.
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For things like SLVon to have a holding of over a thousand, it shows that the narrative power is still strong. Traditional assets being on the chain—finally, someone is willing to take the plunge.
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Wait a minute, could this be another hype cycle? How far RWA can go is really hard to say.
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With a monthly trading volume of 117 million USD, can such a scale rise so rapidly? Thanks to the liquidity support from this round of small coins.
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It's exciting to watch, but what proportion of the holdings are from major players? Are small retail investors coming in, or are institutions still the main players?
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AlwaysMissingTops
· 7h ago
155% increase... How did I just miss it?
Tokenization of silver is indeed quite interesting, much more reliable than those pure concept coins.
It looks like the RWA (Real World Assets) direction is really about to take off.
A 1400% increase in trading volume—how many people must be involved in this?
Is it already a high point to enter now... Feeling a bit anxious.
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0xOverleveraged
· 8h ago
My comment:
Wow, a 1400% increase—are we really riding a windfall or just getting chopped up?
The RWA track is indeed interesting, but how long can silver hold up?
A 155% increase feels like another round of short-term emotional hype.
Holders increased by 340%, this data is a bit scary—could it be another bubble?
Damn, I should have gotten in earlier. Should I be the next bag-holder now?
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rekt_but_vibing
· 8h ago
155% increase? Damn, how many people are throwing money in?
RWA is really a promising path; tokenizing hard assets like silver has definitely tapped into many people's needs.
The number of holders has surpassed a thousand; the early investors must be so happy.
Trading volume has increased by 1400%? This hype is truly outrageous; watch out for the ones trying to cut the leeks.
Is it better to quickly buy the dip or is it already too late to enter... that's the question.
Ondo really seized the opportunity this time; the RWA track is finally no longer cold.
With a monthly trading volume of $117 million, how many institutions does that attract?
Is it still possible to jump in now? It feels like it's time to start preparing to get on board.
Tokenizing silver is definitely more reliable than those air coins; at least it has real assets backing it.
If this market trend continues, traditional assets going on-chain will really take off.
The recent surge in silver spot trading is quite hot, with tokens on the chain soaring along. The iShares Silver Trust token SLV issued by Ondo has shown a fierce upward trend over the past 30 days—market capitalization has skyrocketed from nowhere to over $18 million, an increase of more than 155%.
Trading activity is even more astonishing. Monthly transfer transaction volume reached $117 million, a growth of over 1400% compared to the past 30 days. This indicates that not only are holders accumulating, but market activity in and out is also at its peak.
What's more interesting is the community expansion speed—holder numbers have increased by over 340%, now surpassing a thousand people. From a niche asset played by a few, it has gradually evolved into a market with considerable participation. This also reflects that the RWA (Real-World Asset on-chain) track is indeed attracting more and more attention. Tokenization of traditional commodities like silver seems to be finding its market rhythm.