- Ondo price is hovering around $0.26 after bouncing off crucial support.
- Ondo leads tokenized stocks and ETFs worth over $825 million.
- Failure to hold the support could see ONDO drop to $0.20.
Ondo (ONDO) is trading near a critical psychological support area, where intraday action includes a retest of resistance above $0.26.
The token stabilizes at these levels as on-chain activity around token shares and exchange-traded funds (ETFs) attracts institutional and retail capital.
However, with prices holding in a narrow range below $0.30 since early February, could growth in the broader real assets sector support Ondo?
Ondo Finance enables access to tokenized stocks and ETFs
Ondo Finance has emerged as one of the largest platforms for tokenized stocks and ETFs.
It currently represents more than half of the sector’s total market by value, with RWA-focused analytics trackers showing the protocol reaching more than $825 million in total value locked (TVL) at its peak.
This draw includes more than 250 token US stocks and ETFs, including blue-chip names like NVDA and AAPL and major ETFs like SPY and QQQ.
These assets are now available across Solana, Ethereum, and BNB Chain, giving holders cross-chain exposure and liquidity across major wallets, exchanges, custodians, and protocols such as Binance, Bitget, MetaMask, Ledger, and Blockchain.com.
In an effort to deepen maturity, Ondo recently announced its collaboration with Broadridge.
The goal is to enable holders of more than 250 token shares and ETFs to participate in proxy voting and receive regulatory filings and issuer communications relating to these securities.
Separately, more than 260 Ondo-powered token products have now been listed on the KuCoin Web3 wallet, indicating increasing integration into mainstream cryptocurrency infrastructure.
Despite this momentum, ONDO’s price has remained depressed, raising questions about the lag between protocol-wide growth and token price performance.
ONDO Price Technical Analysis: Can Bulls Reclaim $0.30?
From a technical point of view, ONDO is currently going through a short-term bearish background as the price is consolidating near $0.26.
The daily chart shows the Relative Strength Index (RSI) in a neutral zone, indicating no overbought or oversold conditions, while the MACD signal line remains negative, confirming the underlying bearish momentum.
The main support groups are located around $0.24-$0.26, which is a crucial area for both bulls and bears.
If the price declines, it could open the way towards $0.20, while continued stability above $0.26 could call for a retest of the recent high range near $0.27-$0.28.
The main target for the bulls will be a new rise to $0.30, a level last seen in mid-February.
On the weekly time frame, the RSI is drifting towards the oversold territory, and the price is trading below the major Exponential Moving Averages (EMAs).
This indicates exhaustion but also indicates that the bulls need a clear breakout above resistance to change the overall bias.
