Ondo Finance (ONDO) is trading at $0.3279 at the time of writing, with a 24-hour trading volume of around $63 million and a market cap of $1.59 billion. The token has been moving inside a descending channel and is now testing a key demand zone near $0.30.
Analyst Crypto Zee identified this $0.30 level as a critical support zone on the daily chart. If buyers can hold this level, the token could push toward the upper boundary of its descending channel and target $0.45.
A confirmed breakout above the channel would strengthen the bullish case. However, if the $0.30 support fails, it would suggest further downside ahead.
Analyst MikyBullCrypto has also flagged $0.50 as the next upside target if buyers defend current support levels and volume picks up. ONDO is currently consolidating, which some analysts see as a setup before a potential move higher.
Ondo Finance’s tokenized stocks have surpassed $1 billion in total value, according to data from the RWA Foundation. This reflects growing interest in putting traditional financial assets on the blockchain.
.@Ondo’s tokenized stocks have surpassed $1 billion in value. pic.twitter.com/GT0QsxiPe2
— RWA Foundation (@RWAFoundation_) August 16, 2026
Tokenized stocks allow investors to gain exposure to real-world equities through on-chain products. Ondo’s growth in this area places it among the leading platforms in the real-world asset (RWA) sector.
The platform’s TVL has reached $3.48 billion across 11 blockchains. Ethereum alone accounts for $1.88 billion of that total, making up more than half.
Analyst CryptoPatel posted a detailed breakdown of ONDO’s technical structure, pointing out that the token is down roughly 85% from its all-time high of $2.15. CryptoPatel noted that ONDO is trading inside a multi-month compression structure, with higher lows forming against descending resistance.
$ONDO Down ~85% From ATH: Is This A Macro Accumulation Base Before A Potential 1,400% Expansion?#ONDO Is Trading Inside A Multi-Month Compression Structure After A ~92% Drawdown From Its $2.15 Cycle ATH, With Price Holding Above Major HTF Demand And Approaching A Critical… pic.twitter.com/ToZ8upR1sT
— Crypto Patel (@CryptoPatel) August 12, 2026
CryptoPatel’s key levels include a bullish confirmation on a 3-day close above $0.5394, with long-term targets of $1, $1.60, $3, and $5. The invalidation level sits at a 3-day close below $0.17. The analyst also noted that ONDO previously delivered a 116% gain from an earlier accumulation entry in February 2026.
CryptoPatel currently has the $0.19–$0.25 zone marked as a key area to watch for long-term accumulation if price retests those levels.
Ondo’s TVL of $3.48 billion across 11 chains and over $1 billion in tokenized stocks are the most recent data points confirming platform growth as of August 2026.
The post Ondo Price: $1 Billion in Tokenized Stocks and a Key Support Test — What Happens Next? appeared first on CoinCentral.
