Ondo Finance Surges 20% Weekly Amid Hype and Growing DeFi Demand

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Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing The highest standards in reporting and publishing

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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ondo Finance (ONDO) has risen as one of the top performers in the market this week, surging 20% to trade around $1.10. The rally comes as demand for real-world asset (RWA) tokenization accelerates, pushing Ondo’s TVL to record highs.

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The recently launched Ondo Global Markets platform has been a major growth driver, attracting over $160 million in assets within days. The service enables investors to access tokenized versions of more than 100 stocks and ETFs, including Tesla, Nvidia, and Google.

By bringing Wall Street assets onto the blockchain, Ondo is positioning itself as a leader in the $26 billion RWA tokenization market. Analysts argue that this move could transform global investing, particularly for users outside the U.S., who have traditionally faced barriers to stock market participation.

Ondo Finance’s Total Value Locked Hits $1.57 Billion

Ondo Finance’s Total Value Locked Hits $1.57 BillionBeyond its equities platform, Ondo Finance has seen explosive growth across its ecosystem. TVL on its DeFi protocols has surged from $563 million earlier this year to more than $1.57 billion today. This spike is primarily fueled by Ondo’s yield-bearing products, such as:

  • Ondo US Dollar Yield (USDY): Over $500 million in assets
  • Ondo Short-Term U.S. Treasuries Fund (OUSG): $724 million locked
  • Ondo US Dollar Yield (USDY): Over $500 million in assets Ondo US Dollar Yield (USDY):- Ondo Short-Term U.S. Treasuries Fund (OUSG): $724 million locked **Ondo Short-Term U.S. Treasuries Fund (OUSG):**The firm’s lending arm, Flux, has also expanded rapidly, now managing $42 million in assets compared to just $4 million last November. Like Aave’s Horizon, Flux lets users borrow stablecoins against tokenized U.S. Treasuries, creating new liquidity avenues.

Ondo has also launched its own blockchain, tailored for tokenization, which strengthens its moat in a sector projected to reach trillions of dollars in value.

Ondo Finance ONDO ONDOUSD

Ondo Finance ONDO ONDOUSD

ONDO's price trends to the upside on the daily chart. Source: ONDOUSD on Tradingview

ONDOUSD on Tradingview## ONDO Price Outlook: Can Bulls Break $1.145?

**ONDO Price Outlook: Can Bulls Break $1.145?**Technically, Ondo has formed an inverse head-and-shoulders pattern, a bullish reversal signal. The token recently broke past the $1.05 resistance and is now eyeing a breakout above $1.145, last seen in July. A successful move could open the door toward $1.18 and even $1.26 in the short term.

However, traders are watching closely for profit-taking risks, as ONDO’s relative strength index (RSI) signals overbought conditions. Regardless, with BlackRock signaling blockchain-based ETFs and Fed rate cuts expected to fuel a broader risk rally, momentum could remain in Ondo’s favor.

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If sustained, Ondo Finance’s surge not only grows its role as a DeFi leader but also builds the fast-growing demand for tokenized real-world assets.

Cover image from ChatGPT, ONDOUSD chart from Tradingview

ONDO-5.13%
HYPE-4.38%
DEFI2.97%
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