What to know:
- Ondo Price gained more than 12% after the Ondo Foundation expanded tokenized stock collateral to all Perps users.
- The token has moved above its major exponential moving averages as MACD signals strengthening bullish momentum.
- Open Interest has increased alongside price, suggesting fresh participation in the derivatives market.
After weeks of consolidation, Ondo Price is gaining momentum following a major ecosystem update from the Ondo Foundation.
At press time, Ondo Price trades at $0.4023, up 12.28% over the past 24 hours. The rally comes as traders react to the expansion of tokenized stock collateral across the Ondo Perps platform.
Also Read: Ondo Price Eyes Strong $0.359 Breakout After Perps Launch
Ondo Price Gains Momentum After Ondo Foundation Update
The Ondo Foundation announced the expansion of tokenized stock collateral to all Ondo Perps users, allowing traders to use tokenized stocks as productive collateral instead of locking capital in stablecoins or selling existing holdings.
The foundation said, “Tokenized stock collateral is now available for all Ondo Perps users.” It added that “Ondo Stocks can be deployed as productive collateral backing perps positions,” with the initial rollout supporting tokenized SPY and QQQ.
The announcement strengthens Ondo’s focus on real-world assets (RWAs), an area that continues to attract growing interest across the digital asset industry.
Also Read: ONDO Price Eyes 470% Rally as Key Resistance Levels Come Into Focus
Ondo Price Surpasses Key Technical Resistance
According to the TradingView daily chart, Ondo Price has broken above the 20, 50, 100, and 200-day exponential moving averages (EMAs), indicating that buyers have regained control of both the short-term and medium-term trend.
The MACD indicator has also generated a bullish crossover as the MACD line moves above the signal line while the histogram remains positive. Together, these indicators suggest strengthening bullish momentum, although a sustained move above current levels is needed to confirm the breakout.
On the downside, immediate support is expected at $0.376, while the next support lies near $0.345. The next resistance is located in the $0.42–$0.45 range.
Also Read: ONDO Price Gains Momentum After Tokenized Stock Expansion and SBI Partnership
Ondo Price Finds Support as Open Interest Climbs
According to CoinGlass data, Open Interest has increased to around $175 million–$180 million alongside the latest price rally. Rising Open Interest during a price increase often indicates fresh capital entering the derivatives market rather than existing positions being closed.
Liquidation statistics also show a wave of short liquidations, which added buying pressure as bearish traders were forced to close losing positions.
The combination of rising Open Interest and short liquidations suggests the latest breakout is supported by growing market participation rather than short-term speculation alone.
What Traders Should Watch for Ondo Price
Holding above $0.376 would support the bullish outlook and could open the door for another test of the $0.42–$0.45 resistance zone. A move below the major EMAs would weaken the current momentum and shift focus back to lower support levels.
The recent ecosystem update, together with strengthening technical indicators and rising derivatives activity, has improved Ondo Price’s near-term outlook.
Cryptocurrency markets remain highly volatile, and traders should monitor price action, market sentiment, and upcoming catalysts before making investment decisions.
Also Read: ONDO Price Analysis: Falling Wedge Hints at Major Rally Toward $0.48
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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