Silver prices surged on Monday, briefly breaking through $117 per ounce to a record high before retreating to around $105 in late trading. This rally officially surpassed Bitcoin's cumulative gains since the 2017 crypto cycle peak. Data shows that silver was priced at around $17 at the end of 2017, meaning that even after the correction, its cumulative gain is still approximately 517%. In comparison, Bitcoin's gains from its late 2017 high of around $20,000 to its current level of around $87,700 represent a gain of approximately 500%. Gold's gains during the same period were slightly less than 300%. Alongside the price surge, trading volume in silver-related ETFs increased significantly. The iShares Silver Trust (SLV) saw a trading volume exceeding $32 billion that day, approximately 15 times its daily average, briefly becoming the world's most traded single security, surpassing the S&P 500 ETF and popular US stocks such as Nvidia and Tesla.