Tokenized Silver Transfer Volumes Soar 1,200% as Spot Prices Reach New Records

Over the past 30 days, on-chain transfers of tokenized silver have climbed more than 1,200% while the underlying metal has set a series of record highs. Monthly volume for Ondo Finance's tokenized iShares Silver Trust product surpassed $100 million, alongside a roughly 300% jump in holders and a near 40% rise in net asset value. Tight physical supply, new Chinese export licensing plans for 2026 and resilient industrial demand are helping drive both market volatility and interest in blockchain-based exposure.