- ONDO price is $0.90, down 2.68% in 24 hours, with a market capitalization totaling $2.84 billion for the token.
- The project launched over 100 tokenized stocks and ETFs on Ethereum, with expansions planned for other major blockchain networks.
Ondo Finance (ONDO) is trading at $0.90, down 2.68% in the past 24 hours. Over the past week, it has dropped 15.68%, though it remains slightly up 0.79% this month. On a six-month scale, ONDO has risen 6.89%, while year-to-date performance shows a 32.95% decline.
Over the last year, however, the token has gained 15.33%, with an overall increase of 199.87% since inception. Its market capitalization is $2.84 billion, with a 24-hour trading volume of $165 million. Circulating supply stands at 3.16 billion ONDO out of a total of 10 billion.
Recent project news emphasizes ONDO’s expanding role in real-world asset (RWA) tokenization. Earlier this month, Ondo rolled out more than 100 tokenized U.S. stocks and ETFs on Ethereum, with plans to expand support to BNB Chain and Solana. ETHNews analysts have highlighted ONDO as one of the top RWA tokens to watch in Q4 2025, with forecasts suggesting that the RWA market could reach $30 trillion by 2030.
From a technical perspective, ONDO faces pressure after its recent correction. Traders are monitoring the $0.85–$0.90 support zone, with resistance around $1.05–$1.14. Some analysis points to a flat correction phase, while others argue that accumulation around current levels could prepare the token for another attempt toward the $1.10 range.
A wallet identified as a Gnosis Safe Proxy moved 26.28 million ONDO tokens onto cryptocurrency exchanges. This transfer, valued at approximately $24.7 million, occurred over a ten-hour period.
Data from Etherscan confirms that a portion of these tokens, 6.57 million ONDO worth $6.19 million, was deposited into a Bybit wallet belonging to Arthur Hayes, the former CEO of BitMEX. On-chain records indicate Hayes’s wallet has acquired a total of 36.88 million ONDO tokens in the last month, an accumulation valued at $37.56 million.
Movements of this size from private wallets to trading platforms typically increase the available supply of an asset for sale. This action creates concern among market participants about potential selling pressure.
The price of ONDO has been fluctuating between defined levels. It has repeatedly tested a support zone between $0.82 and $0.85, followed by rebounds toward $0.93. However, the token has not maintained a position above a key resistance level near $1.15.
Analytical metrics provide further context for the token’s position. The Market Value to Realized Value (MVRV) Z-score for ONDO is currently -0.77. A negative value for this metric shows that a majority of addresses holding the token are at a loss. This condition can reduce buying interest. Furthermore, the Network Value to Transactions (NVT) Ratio has risen above 25.
A high NVT Ratio suggests the token’s market valuation may be elevated compared to its actual network usage. This divergence often points to a fragile market sentiment, where price advances are not fully supported by underlying demand. The combination of large exchange deposits and these on-chain signals presents a cautious short-term outlook for ONDO.
