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Ondo price dips slightly after a 60% weekly surge, boosted by new tokenized asset integrations.

Market News
12 May 2026
Crypto news
Bullish
pluang ai news

Ondo's price rose over 60% in a week, reaching yearly highs near $0.47 after breaking a key $0.30 resistance. This surge was driven by Ondo Finance expanding its tokenized stocks and ETFs to Hyperliquid’s HyperEVM network via the LayerZero-powered Ondo Bridge, allowing transfer of 35 tokenized assets across chains. Investor optimism remains strong due to institutional partnerships and growth in Ondo's tokenized treasury ecosystem. Despite a slight pullback, technical indicators suggest continued bullish momentum with potential for further gains if the $0.47 resistance is surpassed.

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