- Partnership with Visa integrates USDG stablecoin into Visa network, enabling programmatic treasury yield access, boosting RWA integration narrative.
- Whale activity surged 390% in March, reflecting institutional and retail interest in tokenized securities, signaling growing market conviction.
Ondo Finance (ONDO) is currently trading at $0.7528, reflecting a daily drop of -4.94%. Over the last week, the token has declined -13.99%, and in the past month it’s lost –17.68%, indicating sustained bearish pressure.
ONDO has also fallen -58.48% in the past six months and is down -43.85% year-to-date. Still, it retains a +151% gain from its all-time low, showcasing significant early investor interest, even as it consolidates well below its all-time high of $2.15.
Recent market attention on ONDO stems from its role in bridging traditional finance (TradFi) with DeFi. A major driver was the partnership with Visa, announced in April, integrating USDG—Ondo’s tokenized yield-bearing stablecoin—into Visa’s network, enabling programmatic access to U.S. Treasury yields. This strengthened ONDO’s reputation as a core player in the tokenized securities space, specifically around real-world assets (RWAs).
Fundamentally, ONDO is positioned at the intersection of institutional finance and DeFi, with support from big players like BlackRock, and participation in Consensus 2025 alongside leading RWA protocols.
ETHNews analysts are calling ONDO one of the most promising RWA narratives, particularly with its token mechanics linked to institutional-grade yields. Whale activity and wallet creation surged by over 390% in one day back in March, signaling interest from both retail and funds.
From a technical perspective, the chart shows ONDO breaking below its ascending support line, entering a volatile consolidation. Patterns such as the Bullish Shark and emerging Bearish Bat on daily charts indicate possible reversal zones, although the structure remains weak near-term.
Momentum indicators such as RSI and MACD lean bearish, but ONDO is approaching critical support near $0.70, where bulls may attempt a bounce. A decisive reclaim of the $0.89–$1.00 zone is needed to turn the structure bullish again.
ETHNews traders expect ONDO to mirror its early 2024 parabolic run, with targets as high as $1.50–$1.80, while others warn of further downside toward $0.50 or lower if macro conditions tighten. Its long-term upside remains tied to RWA adoption, tokenized yield demand, and regulatory clarity on security tokens.
