Silver pulls back from high levels with increased volatility, Gate XAG trading activity steadily improves

ChainCatcher News: In early February 2026, silver prices experienced a significant correction after a rapid surge in the previous period. During the year, silver briefly touched above $120 per ounce, then retreated to the $70–80 range, with notable price volatility during the decline. The market generally believes that this round of行情 is mainly influenced by factors such as a temporary easing of short positions, tight supply structure, and repeated expectations of industrial demand, keeping short-term trading sentiment active.

According to CoinGlass data, XAG (silver) on the Gate platform has a 24-hour trading volume of approximately $518 million, ranking third worldwide with a 211.80% increase, and is first in growth. Meanwhile, Gate XAG holdings reach $12.71 million, ranking among the top three, reflecting a continuous increase in market participation in silver volatility.

Currently, Gate contracts fully cover traditional financial assets, supporting 7×24 hour continuous contract trading for assets like silver, with leverage up to 100x; Gate ETF has launched leveraged tokens XAG3L and XAG3S, supporting 3x long and short strategies. At the same time, Gate TradFi has simultaneously opened CFD trading services for silver, gold, forex, indices, commodities, and some popular stocks, with leverage up to 500x.

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