Google search popularity hits a record high, rising to the third position among various asset rankings, only behind gold and Nvidia. Many in the crypto circle are starting to turn to the silver market, hoping to get a share.

But this is quite interesting. Silver's industrial demand has never been lacking—it's been used in photovoltaics and new energy industries for a long time—and geopolitical risk hedging factors haven't just appeared recently. So the question is: why was silver lukewarm in the past, and why is it accelerating now?

This isn't a market "awakening," nor is it mysticism. The fundamental reason lies in changes in the macro environment.

One of the most easily overlooked points is: silver itself has a fatal weakness. Although it has a dual identity as an industrial metal and a monetary asset, it has an innate shortcoming—no interest is generated.

In a high-interest-rate era, holding dollars can earn stable interest, but holding silver? That’s just paying opportunity costs in vain. And large funds optimistic about silver's prospects also have to weigh this. So even if the fundamentals are strong, big capital has not truly entered.

Now things have changed. The turning point in interest rates has arrived.

Three signals are very clear: interest rates have stopped rising, the rate-cut cycle has begun; inflation decline has noticeably slowed; real interest rates are beginning to weaken. What does this mean? It means holding cash is no longer a risk-free, guaranteed profit option.

When the appeal of holding cash diminishes, funds will naturally seek new hedging and appreciation channels. Silver, Bitcoin, precious metals—assets that were once suppressed by high interest rates—finally find the conditions for release.