SLVON (Ondo Silver Trust Token ETF) fluctuated 76.3% in 24 hours: Exchange listing of Ondo assets drives trading volume surge
Bitget Pulse2026/03/18 20:12Volatility Overview
In the past 24 hours, SLVON’s price surged from a low of $40 to a high of $70.52, currently trading at $68.77, with a price fluctuation of 76.3%. The 24-hour trading volume is approximately $4.6-7.8 million, and the market cap is around $33-34 million, significantly increased from the previous day.
Brief Analysis of Trigger Factors
- On the 17th, Bitget announced an expansion of its spot market, listing 15 Ondo tokenized stock/ETF/metal pairs, including SLVON, for direct trading against USDT, effective from the 18th. This move spurred trading activity and price volatility.
- Ondo Finance also disclosed that tokenized stock TVL surpassed $1 billion on the same day, with SLVON ranking among the top five assets, further boosting market exposure.
Market Views and Outlook
The dominant sentiment in the market and community is optimistic, viewing Bitget’s listing as a sign of mainstream adoption for RWA (Real World Assets) tokenization. Ondo's TVL milestone has further strengthened market confidence. Analysts are focusing on the correlation with silver prices and sustained trading volumes, indicating that volatility may persist in the short term. However, the upward potential remains uncertain and caution is advised regarding potential corrections.
Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring and is for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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