Ondo Finance is gaining strong traction in the crypto space amid rising enthusiasm for tokenized assets. Analysts have highlighted its rapid ecosystem growth and technological infrastructure, which could trigger a significant breakout. The project is gaining support from global platforms and is emerging as a leader in tokenized finance.
At the time of writing, ONDO is trading at $1.0918, with a 24-hour trading volume of $518.15 million and a market cap of $1.52 billion. The token has shown slight growth of 0.46% in the past day, but analysts believe the bigger story lies in its expanding ecosystem.
Prominent crypto analyst Ted noted that Ondo Finance “just keeps on getting bigger,” following the global markets for the platform breaching $160 million in Total Value Locked (TVL) within the span of two weeks. With such swift development, Ondo solidified its position as the largest tokenized stock and ETF platform, indicating growing interest in real-world tokenization of assets.
Complementing the growing reach, the assets in question are now also widely supported across platforms like MEXC and OKX Wallet, providing expanded access to a global user base.
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Meanwhile, technical analyst Alfa Crypto Signal indicated that ONDO held mid-level support and bounced sharply toward the top of the trading channel. According to him, this signals that buyers are very active in the mid-range and confirms the level as a solid demand area.
Right now, the top of ONDO’s channel is being tested, and this is a very significant area to monitor. According to analysts, a clear break and daily close outside this range could confirm a strong bullish structure and create the potential for new highs.
As long as ONDO’s price remains above the middle-level support line, the outlook is positive, and a continuation is possible if the channel resistance is finally broken.
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