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[SITUATION] · [ACTIVE]
3 clusters · 6 sources · 29 days · First seen · Last updated
Categories: BUSINESS · TECHNOLOGY
ONDO Finance token price rally
Entities: Ondo Finance · ONDO token
Overview
In early July 2026, the ONDO Finance token rose about 8% in a day, trading near $0.33 as Bitcoin recovered and broader crypto markets steadied. The rally was tied to the platform’s expanding real‑world‑asset offering, which listed over 430 tokenised U.S. stocks and ETFs and locked more than $1 billion.
By late July, an ecosystem update from the Ondo Foundation broadened tokenised equity collateral on the Ondo Perps platform, initially adding SPY and QQQ ETFs. The token jumped to $0.3576 and then to $0.4023, crossing its 20‑, 50‑, 100‑ and 200‑day EMAs and generating a bullish MACD crossover. Open‑interest on Perps rose to roughly $175‑180 million, perpetual‑contract volume exceeded $1 billion, and total RWA trading volume topped $3 billion. The token’s market cap reached about $1.74 billion, with analysts noting resistance around $0.48‑$0.70 and a longer‑term target near $1.16 (a potential 470 % gain).
On July 31 the token spiked roughly 6 % after breaking a descending‑triangle pattern that had constrained it since May. MACD turned positive and open interest rose about 16 %, indicating renewed speculative interest, while spot‑market volume remained flat and the 90‑day CVD stayed bearish. Traders now watch the $0.413‑$0.470 resistance zone, with the recent launch of the Ondo Network adding a longer‑term bullish narrative amid short‑term caution.
Timeline
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3 days ago
[BUSINESS] 5 sourcesOndo Finance token spikes 6% on breakout despite weak spot volumeOndo Finance's ONDO token jumped 6.3% on a technical breakout, but weak spot volume and flat OBV keep the rally's durability in question.
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13 days ago
[TECHNOLOGY] 4 sourcesONDO token surges after foundation update, targeting 470% riseONDO token climbs after foundation update, reaching $0.40 and eyeing $0.48 resistance; target $1.16 suggests a 470% upside.
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about 1 month ago
[TECHNOLOGY] 4 sourcesONDO Finance Token Jumps 8% on Bitcoin Recovery and Tokenized Stock ExpansionONDO Finance token rose about 8% to $0.33 as Bitcoin recovered, driven by an expansion of tokenized U.S. stocks on Uniswap; analysts note strong fundamentals but warn the price stays in a bearish zone.
Sources
ambcrypto.com · captainaltcoin.com · coin-turk.com · coinedition.com · en.coin-turk.com · tronweekly.com