The market capitalization of the SLVon token, issued by Ondo and linked to the iShares Silver Trust, has surged over 155% in the past 30 days, reaching nearly $18 million. This increase coincides with a significant rise in silver trading activity. Additionally, the monthly transfer volume of SLVon has skyrocketed by more than 1,400%, hitting $117 million. The number of SLVon holders has also grown by over 340%, now exceeding 1,000 individuals.