Silver briefly flipped BTC in MC—signaling rotation as metals absorb risk-on flows.
Now breaking 13-year highs, silver offers asymmetric upside: underowned and riding a wave of industrial demand.
If gold ranges, silver becomes the reflexive beta—mirroring the BTC→ETH handoff we’ve seen in crypto cycles.
We break down the 5 catalysts + tickers positioning early investors for the next leg.
Disclaimer: The author(s) hold BTC at the time of writing (see full disclaimer).
Key Report Insights:
Silver flipped BTC in market cap—capital is rotating down the metal risk curve
Gold inflows lift all metals—80 tonnes/month from central banks and retail
Supply crisis deepens—2025 marks silver’s 5th straight deficit at -178M oz
Solar demand explodes—$90.3B in silver needed through 2030 buildout
Breakout confirmed above $35—next targets: $44–$48 cycle highs
Just want the tickers? Skip to Section 3.