Silver's high position has retreated, and volatility has intensified, with Gate XAG trading steadily increasing

In early February 2026, the silver price experienced a significant correction after a rapid rise in the previous period. During the year, the silver price once reached above $120 per ounce, then fell back to the $70-$80 range, with price fluctuations significantly amplifying during the high-level retreat. The market generally believes that this round of行情 is mainly influenced by the temporary easing of short squeeze, tight supply structure, and fluctuating industrial demand expectations, keeping short-term trading sentiment active.

According to CoinGlass data, XAG (silver) had a 24-hour trading volume of approximately $518 million on the Gate platform, ranking third in the entire network, with an increase of 211.80%, ranking first. Meanwhile, Gate's XAG open interest reached $12.71 million, ranking in the top three, reflecting the increasing participation of funds in the silver volatility market.

Currently, Gate contracts have fully covered traditional financial assets, supporting 24/7 uninterrupted contract trading for silver and other underlying assets, offering up to 100 times leverage; Gate ETF has launched XAG3L and XAG3S leveraged tokens, supporting 3 times long and short strategies. At the same time, the Gate TradFi sector has simultaneously opened CFD trading services for silver, gold, foreign exchange, indices, commodities, and some popular stocks, supporting up to 500 times leverage.

In the future, Gate will continue to improve the collaborative layout of traditional financial assets and crypto assets, providing users with a more flexible, one-stop, and diversified trading experience.