Ondo Finance (ONDO)
🏦 Investment Thesis: Ondo Finance (ONDO) leads the tokenization of Real World Assets (RWA), serving as the main bridge between the trillion-dollar market of U.S. Treasury bonds and the DeFi ecosystem.
💵 Fundamentals: The protocol offers stable and low-risk on-chain yield, attracting institutional and DAO capital seeking safety and diversification for their treasuries, a use case with clear and growing demand.
📊 Chart Analysis: After the overall market correction, the ONDO chart shows a strong buying reaction at a key support zone. The price is recovering important moving averages, signaling a potential reversal and the return of buying strength.
₿ Market Influence: The recent stabilization of Bitcoin (BTC) removed the main selling pressure on altcoins. This allows projects with solid fundamentals, such as ONDO, to take off and have their price dictated by the strength of their own narrative.
📈 Outlook (Short Term): BULLISH. With the decrease in systemic market risk and the unwavering strength of its RWA narrative, the probability of ONDO continuing its recovery movement and seeking higher price targets in the coming days is significantly elevated.
