Opendoor (OPEN) Stock Explodes 70% in Single Day: Here’s the Real Story

OPEN just pulled off the kind of single-day surge that makes traditional finance guys spill their lattes—rocketing 70% in 24 hours while Wall Street blinked.

What sparked the frenzy?

Rumors swirled about a potential pivot into tokenized real estate assets—because why settle for boring old property deals when you can add blockchain buzzwords? The market's betting that even a whiff of crypto adjacency could send valuations into the stratosphere.

Retail traders piled in, shorts got squeezed, and suddenly everyone's an expert on proptech disruption. Never mind that most couldn't explain the difference between a smart contract and a rental contract—momentum trumps fundamentals every time.

Another day, another proof that markets will chase anything with a whiff of digital transformation—even if it's just real estate with a crypto-themed paint job.