Coinspeaker
ONDO Addresses Skyrocket 390% Amid Expansion to Stellar Network
Ondo Finance has seen a 390% increase in new addresses within just 24 hours, jumping from 935 to 4,559. The jump coincides with a 5.5%
ONDO
$0.85
24h volatility:
1.2%
Market cap:
$2.69 B
Vol. 24h:
$231.87 M
price increase over the past day.
This rally comes just a day after Ondo Finance’s announcement of expanding its tokenized US Treasuries to Stellar Network, potentially unlocking an additional $10 million in annual yield.
This move aligns with a broader industry trend of integrating real-world assets (RWA) into the blockchain space.
1/ Amidst the shuffle of the Ondo Summit, you might have missed an important chain expansion for our tokenized US Treasuries.
Ondo is bringing yield-bearing assets to the @StellarOrg network, a leading payments ecosystem.
With a keen focus on the Global South, Stellar has made… pic.twitter.com/Wtxjllt9Ey
— Ondo Finance (@OndoFinance) March 11, 2025
Alongside the influx of new users, Ondo Finance’s total value locked (TVL) has grown by 50% since early February, currently sitting around $1 billion.
ONDO Price Outlook
ONDO boasts a market cap of $2.65 billion, securing the 34th position among the largest cryptocurrencies. Given its positioning as a leading RWA project, ONDO is at the forefront of tokenizing real estate and financial assets in the US.
With US President Donald Trump’s recent pro-crypto stance, investors expect a major growth trajectory in the coming months.
On the daily price chart, ONDO price is currently near the lower Bollinger Band, suggesting that the token might be oversold and due for a bounce. However, a break below this level could indicate further downside potential.
Meanwhile, RSI is also approaching oversold conditions, currently hovering around 37. An increase in buying pressure could result in a potential upward move. At the time of writing, ONDO is recording a trading volume of $250 million.
On the other hand, the MACD indicator suggests bearish sentiment. If the token holds above its current support near $0.80, a breakout above $1.00 could trigger a run towards $1.50 and higher.
As adoption of RWAs and recent blockchain integrations increases, ONDO price action remains highly bullish among analysts.
Popular X analyst Crypto General noted that the ONDO price is consolidating in a range of $0.57 and $1.47 and the current price is a good entry point. They predicted an “easy target” of $7–$10 for this bullish season.
$ONDO, price is back in the previous range.
I am super bullish on ONDO, this RWA project is all set to tokenize the real-estate of USA, moreover it’s a USA based project, with Trump being pro crypto, it is bound to grow exponentially.
Talking about TA, the price is… pic.twitter.com/no3NVBvlHE
— Crypto General 🧲 (@DaCryptoGeneral) March 9, 2025
However, it is important to note that if ONDO breaks below its support level amid a broader market downturn, the price could revisit lower levels around $0.60.
ONDO Addresses Skyrocket 390% Amid Expansion to Stellar Network
