iShares Silver Trust xStock (SLVX)
CryptoScore Pro global score : 39/100 (computed on 2026-10-29)
iShares Silver Trust xStock (SLVX) is a digital asset-backed security designed to track the price of physical silver, issued as a tokenized representation on multiple blockchain networks. Operating on Solana, Ethereum, and The Open Network (TON), SLVX targets institutional and retail investors seeking exposure to silver without the logistical challenges of physical storage or the counterparty risks of traditional financial instruments. Its significance lies in bridging the gap between traditional commodity markets and decentralized finance, offering a regulated, transparent, and efficient vehicle for silver investment. By leveraging blockchain technology, SLVX eliminates intermediaries, reduces transaction costs, and enables 24/7 trading, making it a compelling alternative to conventional silver ETFs or futures contracts. The architecture of iShares Silver Trust xStock is built on a multi-chain framework, with smart contracts deployed on Solana, Ethereum, and TON. Each contract is designed to ensure the token’s peg to physical silver, with the underlying asset held in custody by a regulated trust. The Solana deployment leverages the network’s high throughput and low transaction…
Scores by pillar
| Technology | 50/100 |
|---|---|
| Tokenomics | 60/100 |
| Team | 42/100 |
| Adoption | 21/100 |
| Liquidity | 32/100 |
| Compliance | 48/100 |
Market data
| Price | $47.87 |
|---|---|
| Market cap | $1.62M |
| 24h volume | $6,728.17 |
| Market cap rank | #2560 |
| 24h change | -3.18% |
| 7d change | -9.03% |
| Blockchain | Ethereum |
| Sector | RWA |
Analysis
This asset tokenizes physical silver to track its price. It uses smart contracts, autonomous programs, on Ethereum, Solana and TON. The regulated trust ensures custody of the physical reserves. The token provides exposure to silver without physical storage.