iShares Silver Trust (Ondo Tokenized Stock) SLVON

What SLVON actually is on-chain

iShares Silver Trust (Ondo Tokenized Stock) is an ERC-20 deployed on Ethereum, at contract address 0xF3e4872e6a4cF365888D93b6146a2bAA7348F1A4. That address, not the ticker SLVON, is what uniquely identifies this asset: anyone can deploy a second token calling itself SLVON, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, SLVON is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in SLVON itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For SLVON the project publishes an active account as @ondofinance. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where SLVON sits in the market

Ranked #695, iShares Silver Trust (Ondo Tokenized Stock) falls in the top of the small-cap band. The order book absorbs size poorly at this depth: one meaningful market order can reprice the tape by several percent before it retraces minutes later. A lone static price target therefore fires on noise, and what you want is a condition built to survive that wick. Venue coverage is narrow, which makes volume-based delisting a concrete risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live SLVON order book (Gate.io). That is thinner coverage than a #695 ranking would normally imply — a move on one of these books is close to the whole market for SLVON, with no deep second venue to arbitrage it back. None of the books we see for SLVON are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

SLVON against its all-time high

SLVON has given back 57.9% from its $109.63 high (on 2026-01-29). Recovery now needs 2.38x — a full trend, not a bounce. Statistically this is the depth at which the reference point people quote shifts: the prior high stops being a target and starts being a ceiling that gets mentioned only after price has already run. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

SLVON across its historical range

The recorded range is comparatively narrow: 3.03x between $36.16 and $109.63. Either the price history is short, or the asset is designed not to move.

At 27.6% above its record low of $36.16 (on 2025-11-02), SLVON sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

SLVON supply and valuation data

iShares Silver Trust (Ondo Tokenized Stock) sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for SLVON but not an audited token count. What we do have is a fully diluted valuation of $22.4 million as of 2026-10-29. That is in the upper quartile of tracked assets by fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset SLVON is

iShares Silver Trust (Ondo Tokenized Stock) sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files SLVON under 10 categories, including Tokenized Assets, BNB Chain Ecosystem, Solana Ecosystem, Ethereum Ecosystem, Real World Assets (RWA). CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Solana (3,129 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a iShares Silver Trust (Ondo Tokenized Stock) alert that is worth receiving

iShares Silver Trust (Ondo Tokenized Stock) is the ERC-20 at 0xF3e4…F1A4 on Ethereum — quoted on 1 venue we stream — high dated 2026-01-29 — rank #695. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →