#ONDO
ONDO market is low
coin is down but one month is grow
ONDO coin is a cryptocurrency that's really making waves in the Real-World Asset (RWA) tokenization trend. Here are the key details:
Key Stats
- *Current Price*: Around $1.0490 to $1.14618 USD, fluctuating slightly across different sources
- *Market Cap*: Approximately $3.31 billion to $3.62 billion USD
- *Circulating Supply*: 3.159 billion ONDO
- *Maximum Supply*: 10 billion ONDO
- *Ranking*: Currently around #31 to #49 in market cap rankings
What is Ondo?
Ondo Finance is a Layer-1 blockchain focused on tokenizing Real-World Assets like US Treasuries. Their mission is to bring institutional-grade financial products on-chain, promoting financial inclusivity and market efficiency ¹ ².
Recent Developments
- *ETF Filing*: 21Shares has filed for a spot ONDO ETF with the SEC, which could give investors direct exposure to the RWA-focused Ondo token.
- *Partnerships*: Ondo Finance is partnering with Pantera Capital to invest $250 million in Real-World Asset projects.
- *Acquisition*: Ondo Finance is set to buy SEC-regulated broker Oasis Pro to expand its U.S. tokenized stock push ³ ⁴.
Price Predictions
Some analysts suggest ONDO is pressing against a crucial resistance at $1.15, and a confirmed breakout could ignite a 70% rally. However, always do your own research and assess your risk tolerance before making any investment decisions ¹.
