Key Insights
- •ONDO’s TVL reached $1.8B, driven by rising demand for tokenized real-world financial products.
- •Price sits near $0.73, but a hold above $0.67 is needed to fuel a rebound.
- •Analysts watch $1.15 as a target if bullish momentum builds and institutional inflows continue.
The current trading price of ONDO stands at $0.7327, reflecting a 1.35% increase in the last 24 hours and a 3.12% rise over the past week. Despite the recent gains, the token remains in a critical zone, with market watchers pointing to $0.67 as a key support level that must hold for any chance of a larger upward movement.
Technical analysis shared by Ali Martinez shows ONDO nearing a bounce point. The chart outlines a scenario in which ONDO could climb toward $0.88 and potentially $1.15, but only if $0.67 remains intact. This level has previously acted as a strong base, especially in late June and October, where price recoveries followed similar positions.
The chart also outlines a projected bullish path. It suggests a potential rebound beginning from $0.67, with stops at $0.76, $0.82, and $0.88, before testing the upper range at $1.15. If $0.67 breaks, the next support is near $0.58, which would signal a weaker outlook.
TVL Surges to New All-Time Highs
Ondo's Total Value Locked (TVL) recently surpassed $1.8 billion, according to data from DeFiLlama. The metric has seen sharp growth, particularly since early 2025, following a steady rise throughout the previous year. This movement suggests rising capital interest in the protocol, with the platform experiencing new inflows over recent months.
TVL is often used to measure trust and activity within a DeFi platform. A consistent increase in TVL can reflect deeper adoption and utility. The rise also follows increased usage of Ondo’s offerings, including tokenized U.S. Treasuries and yield-bearing products. These are designed to attract investors seeking returns similar to those in traditional markets.
Market Dynamics and Investor Activity
According to OCT Trades, Ondo is seeing growing interest from institutional players. The platform is being viewed as a connection point between traditional finance and decentralized finance. The appeal lies in its approach to providing yield-bearing options backed by real-world assets.
This narrative is supported by the ongoing expectation that the Federal Reserve may reduce interest rates. Lower traditional yields could push more capital into DeFi platforms offering higher returns. In that context, protocols like Ondo may continue attracting more capital.
Price Action Trails Fundamentals
Despite the growth in TVL and product traction, the market price of ONDO remains about three times lower than its previous all-time high. The widening gap between fundamentals and price performance raises questions about future price direction.
Analysts suggest that if the $0.67 support holds and TVL keeps rising, ONDO could eventually reprice. However, as one trader noted, “The price still hasn’t caught up to what’s happening on-chain.” For now, the market remains cautious, with the $0.67 level acting as a line that could determine short-term direction.
