$XAG XAG refers to silver, a precious metal often used as a store of value and hedge against inflation. In the context of cryptocurrency, XAG may be associated with silver-backed tokens or assets, allowing users to invest in or trade silver on blockchain platforms. These tokens are often designed to track the price of silver, providing a digital way to gain exposure to the metal's value. Silver has industrial and investment demand, and its price can be influenced by market trends and economic conditions. XAG's value lies in its potential as a safe-haven asset.