SLVon

iShares Silver Trust (Ondo Tokenized) Prediction

SLVon
Ethereum
AI Analysis
Feb 12, 2026, 12:28 PM

About iShares Silver Trust (Ondo Tokenized) (SLVon)

SLVon is Ondo Finance's tokenized representation of the iShares Silver Trust, bringing traditional silver exposure to the Ethereum blockchain. The token is experiencing a severe holder exodus with 97% of holders departing over 30 days, dropping from approximately 3,922 to just 1,994 holders. Despite a solid security score and verified contract, the extreme selling pressure and holder decline suggest significant structural concerns that potential investors must carefully evaluate. Current market cap stands at $34.7M with $804K in liquidity on Uniswap v3.

Current price: $76.05

Market cap: $34.69M

Liquidity: $804.72K

Holders: 1.6K

iShares Silver Trust (Ondo Tokenized) Price Prediction

SLVon faces significant short-term headwinds with 96.6% sell pressure dominating the 24h trading activity and a -0.81% price decline. The extreme imbalance between sell volume ($54,461) and buy volume ($1,936) suggests continued downward pressure, though the last 4 hours show stabilization with only buy transactions recorded.

The catastrophic 97% holder decline over 30 days signals a fundamental structural problem that will likely continue pressuring prices. Without a reversal in holder exodus and renewed institutional interest in Ondo's tokenized silver product, medium-term outlook remains challenging.