
iShares Silver Trust (Ondo Tokenized) Prediction
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.