ONDO Finds Support, Targets $1.18 as TVL Hits Record $1.87B and SEC Closes Investigation

ONDO Finance's token has stabilized at a key support level, signaling potential upward momentum toward $1.18. The platform's Total Value Locked (TVL) has surged to a record $1.866 billion, reflecting robust investor confidence and growing adoption in the DeFi sector. Liquidity continues to strengthen, attracting both retail and institutional participants.

Regulatory concerns have eased after the U.S. Securities and Exchange Commission (SEC) concluded its two-year investigation into ONDO Finance without filing charges. This decision removes a significant overhang and reinforces the project's compliance with financial regulations.

Despite facing technical resistance, ONDO's long-term growth trajectory remains intact. The token has shown a mild bounce, though moving averages suggest sellers still dominate near-term price action. Ondo's expanding ecosystem and yield opportunities continue to draw capital in a competitive DeFi landscape.