# SLVON

**🚨 $SLVON /USDT Update: Silver Tokenized Taking a Breather?**
iShares Silver Trust (Ondo Tokenized) just printed a sharp -6.63% move in the last 24h, closing at **$59.73**.
Quick Technical Snapshot:
**4H Chart:**
- Strong rejection from the 24h high of **$64.68**
- Price broke below key moving averages (MA5/MA10/MA30)
- Heavy red candle volume on the breakdown
- MACD showing bearish crossover with weakening momentum
**Daily Chart:**
- Downtrend still intact from the May highs near **$75+**
- Currently testing the lower range after a steep leg down
- 30-day performance: **-5.66%**
**Key L

#SLVON Today, March 5, 2026, SLVON trades at ~$76.60. As Ondo Finance’s tokenized version of the iShares Silver Trust ETF, it provides on-chain exposure to silver, serving as a stable RWA.$SLVON ‌

#SLVON Gold and silver are not promising, not optimistic for the next ten years; the next ten years are optimistic about Bitcoin and Ethereum.