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ONDO Surges Past $1 After SEC Meeting and ETF Filing Fuels Institutional Demand

ONDO Surges Past $1 After SEC Meeting and ETF Filing Fuels Institutional Demand

Published:
2025-07-27 12:56:17
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ONDO News -

ONDO's price broke through the key $1 psychological barrier this week, now trading at $1.04 despite a slight 24-hour pullback. The rally follows two major regulatory milestones signaling institutional embrace of tokenized real-world assets.

Price momentum ignited after ONDO Finance's CEO met with SEC officials on July 24th, suggesting potential regulatory clarity for compliance frameworks - a critical hurdle for institutional adoption.

The upward trend gained further traction from 21Shares' July 22nd S-1 filing for an Ondo ETF, representing a pivotal step toward bringing tokenized assets to mainstream investors. Technical indicators remain bullish with RSI at 61.90 indicating additional upside potential.

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