The price of Ondo Finance’s token, ONDO, tried to break out yesterday but could not hold the momentum. Just like many other cryptocurrencies right now, ONDO is stuck in a bearish pattern.

If this bearish structure continues to play out, the ONDO price could drop another 20% from its current level. This is because the token has been moving inside a descending channel since the middle of May, and a lower low could take it to the bottom of that channel.

ONDO Price Chart

Even though the chart looks weak in the short term, there are some strong reasons to believe ONDO has a bright future. Ondo Finance just shared a major update on its official page.

The team announced that it is acquiring Oasis Pro, a regulated financial platform in the US. This acquisition includes an SEC-registered broker-dealer, an Alternative Trading System, and a Transfer Agent. This move sets up Ondo Finance to create a regulated ecosystem for tokenized securities. It is a big step for Ondo because it means it can build products for US investors that meet regulatory standards.

1/ On the 250th birthday of America, we are proud to announce we're taking the next step in our mission to bring financial markets onchain.Ondo is acquiring Oasis Pro, including its SEC-registered broker-dealer, Alternative Trading System, and Transfer Agent—laying the… pic.twitter.com/CFfW5sXjuf

— Ondo Finance (@OndoFinance) July 4, 2025

The announcement also highlighted that Oasis Pro was one of the first platforms in the US to allow settlement of digital securities in both regular dollars and stablecoins like USDC and DAI. Oasis Pro has been a member of FINRA since 2020 and has helped shape the rules for crypto in the US. By bringing Oasis Pro into its fold, Ondo Finance is putting itself in a strong position to launch blockchain-based financial products that could reach more traditional investors.

ONDO Fundamentals Remain Strong

A crypto analyst named CryptoED also shared his thoughts on ONDO’s latest developments. He pointed out that Ondo’s new initiative, called the $250 million Catalyst program, has just gone live. This program is one of the biggest ever commitments to accelerate the tokenization of real-world assets. It is backed by Pantera Capital, which is a well-known name in the crypto and financial space. The goal of Catalyst is to fund projects that will help grow the Ondo ecosystem. This includes building new financial applications that bring real utility and drive adoption.

Big moves from $ONDO The $250M Catalyst initiative is live — one of the largest commitments ever to accelerate real-world asset (RWA) tokenization. Backed by the legendary @PanteraCapital.This isn’t just hype. It’s Wall Street 2.0 in motion. Catalyst will fund projects… pic.twitter.com/jsz8jcfYTZ

— CryptoED (@Crypto_ED7) July 4, 2025

CryptoED said that with the mainnet launch of Ondo Chain just around the corner, ONDO is setting itself up as the core infrastructure for compliant and institutional-grade activity in real-world asset tokenization. He explained that ONDO is not just taking advantage of the growing trend of real-world asset tokenization but is actually building the tools and infrastructure that could make it possible on a large scale.

Technicals May Look Bearish but the Long-Term View Is Bullish

Right now, the bearish structure on the ONDO chart matches what is happening across the broader crypto market. Many cryptocurrencies are struggling to break out as traders worry about the general market sentiment. However, Ondo Finance’s recent moves and the strong support from major investors like Pantera Capital give ONDO a solid foundation for future growth.

The fundamentals show that the Ondo project is serious about bringing financial markets onchain in a way that meets regulations and attracts traditional investors. With this kind of progress, the ONDO price may see short-term weakness but has a good chance of long-term success as more investors look for projects with real use cases and regulatory clarity.

Read Also: Chainlink Next Rally Hinges on This Key Resistance: LINK Price Outlook

Overall, the ONDO price might need to retest lower levels if the bearish channel continues, but the latest announcements suggest that Ondo Finance is building something much bigger than just another crypto token. With a strong roadmap and strategic partnerships, ONDO could become a key player in bringing traditional financial assets onto the blockchain.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post ONDO Chart Signals Double-Digit Drop but This Major Announcement Could Turn the Tide appeared first on CaptainAltcoin.