The hardness is to high for serpentine in my opinion TheOculus. As to my inclination for calling it jade, or a jadeite, thats really just a call on the color and probability its a high silicate similar to chalcedony. A particularly hard form of malachite could be true as well. Making a call from pictures is difficult in the extreme unless there are distinctive features present in the photo and various tests described.
Not all jades are translucent, most are not in fact, however the more valuable forms are so your thinking is not incorrect.