ONDO Hits $3.5B TVL Milestone as RWA Tokenization Accelerates, Despite Token Price Struggles
Ondo Finance has surpassed $3.5 billion in total value locked (TVL), highlighting rapidly growing institutional demand for tokenized real-world assets (RWAs). The protocol added $500 million in just one week—a surge that analysts link to increasing comfort with blockchain-based exposure to traditional financial products.
Market participants now see ONDO as a key indicator for real-world asset adoption. However, the technical picture tells a different story. The token has fallen sharply from $1.00 to $0.25 and is currently trading below the critical Bollinger Band resistance at $0.28914. While contracting volatility bands suggest possible accumulation, bullish momentum has yet to materialize with conviction.
Related Articles
Log in to Reply
Log in to comment your thoughtsComments