Derived from BitJie, tokenized silver transactions have surged over 1200% in the past 30 days, driven by the metal’s record price highs. Chain data shows Ondo Finance’s tokenized iShares Silver Trust (SLV) recorded over $100 million in monthly transfers, marking one of the strongest growths in tokenized commodities this year. The surge coincided with a 300% rise in holders and a 40% increase in net asset value. Analysts attribute the trend to rising interest in blockchain-based real-world assets as investors seek alternative exposure amid market volatility and tightening physical silver supply.
Tokenized Silver Transactions Surge 1200% as Price Hits Record High
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Summary
Tokenized silver transactions jumped 1200% in 30 days as crypto price trends show renewed interest in physical assets. Ondo Finance’s SLV token hit $100 million in monthly transfers, with holders rising 300% and net asset value up 40%. Price analysis points to tighter silver supply and blockchain adoption as key drivers.
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