ONDO Price Gains Momentum After Tokenized Stock Expansion And SBI Partnership

By Bena Ilyas | Edited By Sahana Kiran,July 17, 2026, 11:30 AM

ONDO price is gaining traction due to its token stock campaign that is helping boost on-chain activity and attract market interest. The on-chain numbers reflect higher wallet activity, meaning that there is continued engagement with ONDO even after the launch announcement.

At the time of writing, ONDO is trading at $0.3719, down 0.23% over the past 24 hours. The token recorded $462.34 million in daily trading volume and held a market capitalization of $1.80 billion.

ONDO Price Jumps 18% After Tokenized Stock Launch

As reported by the blockchain data analytics firm Santiment, the ONDO price made a gain of approximately 18% from July 14 to July 16, rising from about $0.31 to $0.37. This surge in price was triggered after Ondo Finance introduced the issuance of stock tokens backed by DTCC and Japan’s SBI Group.

This is an indication of the increasing focus on RWA tokenization, which refers to the incorporation of conventional financial assets like stocks and bonds into blockchain technology. Tokenized assets are expected to make investment more convenient owing to instant settlements, increased market access, and continuous trading.

Network Activity Shows More Than a Price Jump

However, according to Santiment, ONDO network metrics have been getting stronger consistently since the news, and not deteriorating after the initial surge.

The daily amount of new wallet addresses has gone from 367 on July 14th to 562 on July 15th and then 754 on July 16th. This reflects the best three-day growth for the network since June and is almost twice as strong as the metric was observed previously this month.

Meanwhile, active addresses have been increasing too – from 1,410 to 1,971, and then to 2,589. Santiment points out that this level of activity among users is the highest one since June 30th.

However, according to the analytical firm, such a trend is not typical of the majority of event-based price surges, as the momentum usually stops after a day. In the case of ONDO, on the contrary, an increase in the number of new and active wallets indicates user engagement with the blockchain.

Moreover, Santiment made a comparison of ONDO with Chainlink (LINK), which is also linked to tokenization. Although LINK was positively affected by the same story, the price growth did not go hand in hand with the activity, unlike ONDO’s.

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Technical Indicators Remain Positive

Technically speaking, the ONDO price is still trading higher than a number of key price levels.

The token is trading at $0.3719, holding steady above the middle Bollinger Band at $0.32898 and marginally higher than the upper Bollinger Band, close to $0.36428. The lower Bollinger Band can be found at $0.29367.

A move above the upper Bollinger Band shows strong buying interest; however, it could also mean that prices might consolidate or even retrace lower after a sharp rally.

The momentum oscillators also show a bullish bias. The Relative Strength Index (RSI) now sits at 64.08, and the signal line stands at 49.15. A high reading for the RSI above 60 implies that the buyers have taken control, but the index is still trading below the overbought threshold of 70.

In case buying interest sustains and RSI shows further increases, ONDO  price might sustain its recent performance. Nevertheless, any deceleration in the pace of movement or profit-taking might result in a temporary decline.

Can ONDO Price Extend Its Rally After the Breakout?

The upcoming days will reveal if ONDO can sustain its pace. Further increases in active wallets, number of wallets created, and trading volume will imply that the demand is continuing to grow even after the launch.

As seen on the price chart, staying above critical support zones with the RSI below overbought could pave the way for more gains ahead. In contrast, a lack of buying interest following the current rally may mean that the ONDO price will undergo a consolidation phase.

With continued growth in interest in tokenized assets from institutions, it is likely that there will also be increased attention to any news about partnerships or product announcements from Ondo Finance.

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