Key Insights:
- ONDO maintains $0.67 support, signaling potential upward movement toward the $1.15 resistance zone.
- ONDO’s RWA TVL exceeds $1.8B, positioning it among the top three global RWA issuers.
- ONDO Global Markets captures nearly half of the $661M tokenized stocks market value.
ONDO is showing continued growth in both price action and ecosystem expansion. The token is maintaining a key support level at $0.67, while analysts track its increasing Real World Asset (RWA) presence, which has surpassed $1.8 billion in Total Value Locked (TVL). Analysts now observe early signs of a potential move to $1.15 as the next price target, as ONDO also expands its share in tokenized stocks.
ONDO Maintains Key Support Amid Recovery Outlook
ONDO is showing renewed momentum, with analysts pointing to a possible price rebound if the token maintains support above $0.67. The $0.67 level is a critical demand zone where buyers have consistently entered the market. If ONDO holds above this price, it could see a move toward $1.15.
ONDO’s price stability has encouraged optimism among technical traders, who are watching for a potential breakout pattern. The token previously reached $1.15, and analysts believe that maintaining the current level could pave the way for another upward move if broader market conditions remain steady.
At present, ONDO is trading at $0.732720, up 1.41% in the past 24 hours, with a 24-hour trading volume of $89,709,372. Traders continue to monitor price action near the $0.67 support level, which remains crucial to the current bullish setup.
Rising RWA TVL and the $2 Billion Milestone
ONDO’s Real World Asset (RWA) total value locked (TVL) has now surpassed $1.8 billion. This represents a 2.77x increase over the past year and positions ONDO as the third-largest RWA issuer globally, behind BitGo and BlackRock.
The growth reflects rising participation in tokenized real-world assets, an area that continues to attract retail attention. Based on Dami-Defi, the recent launch of Ondo Global Markets has supported this expansion. The platform went live one month ago and has already contributed to the increase in TVL.
Dami-Defi stated that, if TVL growth continues at this pace, ONDO could soon reach the $2 billion mark. The milestone would further strengthen ONDO’s position among the top RWA ecosystems, which currently include Ethereum and zkSync.
ONDO Expands Presence in Tokenized Stocks Market
Meanwhile, the ONDO Global Markets platform now accounts for over $300 million in tokenized stocks. This figure represents nearly half of the $661 million total tokenized stocks market.
Wu compared this to the $60 trillion U.S. equities market, indicating the early stage of RWA tokenization. He described the expansion as “the warm-up phase” for broader adoption.
ONDO’s growing share reflects active participation and increasing traction in the space. The platform’s success in tokenized assets supports the broader goal of connecting traditional finance with blockchain-based systems, as tokenization continues to gain practical use across markets.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/ondo-eyes-2b-tvl-as-price-holds-0-67-and-targets-breakout-to-1-15/