What to know:
- ONDO price is consolidating near $0.33 after a six-month accumulation phase between $0.30 and $0.50.
- A confirmed breakout above the accumulation range could push ONDO price toward $0.80 initially and potentially $1.25-$1.30.
- Ondo Finance is expanding its tokenized real-world asset footprint, with about $3.61 billion in assets across its ecosystem.
Ondo Finance’s ONDO price is showing bullish potential after a prolonged accumulation phase, while Ondo Finance continues expanding its presence in tokenized real-world assets. Growing institutional adoption and improving market structure could strengthen demand, although broader market conditions and breakout confirmation remain crucial for sustained upside.
At the time of writing, ONDO is trading at $0.3336 with a 24-hour trading volume of $70.45 million and a market capitalization of $1.62 billion. Despite the 3.04% loss over the last 24 hours, the ONDO price structure and tokenized RWA expansion point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: ONDO Price Prediction: Key Support at $0.34 Could Trigger Next Rally to $0.36
ONDO Price Eyes $1.30 After Long Accumulation
According to the crypto analyst LAURA VERSE, the ONDO price has spent roughly six months consolidating between $0.30 and $0.50, creating a broad accumulation zone after previous weakness.
Although the prolonged sideways movement may appear uneventful, such periods can allow selling pressure to fade while patient buyers gradually build positions. A sustained hold above this range could provide the foundation for renewed bullish momentum.
Source: LAURA VERSE’s X Post
A breakout would change the structure of the ONDO price and make it possible to target $0.80 first, then $1.25-$1.30 in case of a higher momentum.
Based on the lower support level, getting there means a potential gain of more than 300%. However, everything is hypothetical at this point and will depend on other factors.
Ondo Finance Expands Tokenized RWA Footprint
The data from MSB Intel further highlighted that Ondo Finance is making strides in the market for tokenized real-world assets, with the total value of assets held by the platform now at around $3.61 billion.
This amount is equal to about 10% of the entire market size of tokenized RWAs, demonstrating the growing dominance of Ondo Finance in the market space.
This represents the fact that there is growing demand for tokenization, especially when considering the use of blockchain by organizations to achieve more transparency, ease of access, and effective settlement.
With its increasing portfolio of assets, Ondo can act as a significant bridge between the traditional and digital worlds of finance.
Despite the bullish price predictions and tokenized RWA growth, the ONDO price is moving in a downward direction. This move is also backed by the general trend in the crypto market as the BTC price has started to move downward, which has impacted the overall market, including altcoins.
What Happens Next for ONDO?
The move for the ONDO price going forward will depend on the ability of the buyers to break out above the $0.50 resistance level with high volumes.
A successful breakout is likely to see an advance towards $0.80, and possibly $1.25-$1.30. In addition, the continued increase in RWA tokenization and institutional interest is likely to boost demand.
Also Read: ONDO Price Targets $0.375 as Ondo Finance Expands Tokenized Stocks Access
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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