The RWA (Real World Asset Tokenization) track, which $ONDO belongs to, is a popular area in the cryptocurrency market in recent years. In 2024, RWA has become one of the core themes of interest for crypto investors, and ONDO is an important representative in this field.
Recently, ONDO officially landed on the Binance spot market, and its future trend is highly anticipated. In my opinion, ONDO shows a clear bullish trend in the later stages, making it very valuable for accumulation for the following reasons:
1. The official listing of ONDO on Binance is by no means a coincidence. Binance's choices are often based on a deep assessment of a project's potential, and after going live, ONDO will gain access to Binance's vast user traffic and financial support.
2. According to on-chain data, major crypto platforms and whales have been continuously increasing their holdings of ONDO. For example, the largest crypto exchange in South Korea has increased its ONDO holdings from $50 million to $185 million over the past five months, and Binance is also continuously adding to its position.
3. The team behind ONDO is strong, with members having experience from top institutions like Goldman Sachs and strong expertise in the asset tokenization field. Its technical architecture aims to address the limitations of traditional finance in terms of accessibility and interoperability, providing users with unique on-chain solutions.
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