Tokenized Silver Volumes Are Breaking Records

Interest in Silver is Increasing

Recently, fluctuations in silver prices have increased interest in tokenized markets. Future transactions and exchange-traded funds (ETFs) are leading to a significant increase in trading volumes.

Parallel Increase in Trading Volumes

The tokenized version of iShares Silver Trust (SLV) has recorded a 1,200% increase in monthly transfer volume and a 300% rise in holders over the past 30 days.

Reasons for Price Increase

This rise in silver prices is supported by supply constraints, increased demand from the solar energy industry, and macroeconomic factors. Physical silver prices in different markets are showing a divergence from paper prices.