Binance’s gold futures ($2.15 billion) and silver futures ($1.98 billion) jumped to fourth and fifth place, respectively, by way of buying and selling quantity, surpassed solely by Bitcoin ($21.5 billion), Ethereum ($18.1 billion), and Solana ($3 billion). The cumulative buying and selling worth of gold and silver contracts exceeded $130 billion by early March 2026. Attaining this milestone is notable contemplating the trade launched perpetual contracts for the steel in January of this 12 months.
Supply: CryptoQuant
Gold and silver futures rival Bitcoin on Binance
Latest occasions reminiscent of geopolitical hostilities, persistent inflation, weakening greenback, and improve in US commerce tariffs have induced a market-wide shock in each conventional and crypto markets.
Nonetheless, over the previous 12 months, gold has elevated by 50.17% to $4,676 per ounce and silver has elevated by 117.01% to $73.02 per ounce. Nonetheless, Bitcoin has fallen by round 19% over the identical interval and is buying and selling at $66,863 on the time of writing.
Supply: TradingView
Because of this, buyers have moved their cash to “confirmed” bullion markets with much less volatility.
Moreover, steel futures are seeing elevated buying and selling volumes on the blockchain because of options reminiscent of 24/7 entry and as much as 50x leverage. Moreover, incorporating blockchain accelerates the commerce course of by eliminating intermediaries and bureaucratic processes typical of conventional markets.
Past hypothesis, central banks around the globe are collectively shopping for greater than 1,000 tons of gold per 12 months, additional fueling the gold rush. In the meantime, the surge in demand for silver is being pushed by the expansion of synthetic intelligence and inexperienced vitality.
As Metals Thrive, BTC Follows
The correlation between gold and Bitcoin started to indicate a pointy divergence in 2025 and continued till 2026. Nonetheless, analysts argue that this divergence is non permanent and that the long-term constructive correlation stays intact because of the shared shortage of belongings.
The gold has already moved on. Subsequent up is Bitcoin.
This rotation is carried out each cycle.
Gold rises amid uncertainty.
Steady on the prime.
Liquidity seeks larger earnings.Then Bitcoin will reply.
Gold has accomplished its breakout.It is presently on pause.
That pause is… pic.twitter.com/ReDJUF8CqH— CryptoTice (@CryptoTice_) April 3, 2026
That stated, Binance continues to satisfy each conventional and crypto demand, as seen with its current announcement to start buying and selling oil and gasoline.
