Ondo Finance's token price surged after confirming a bullish breakout on its daily chart, supported by strong quarterly fees of $8.1 million and a record $4 billion total value locked. The platform's growth, including Ondo Global Markets surpassing $1 billion TVL and $2.7 billion trading volume, reflects rising demand for tokenized real-world assets. Technical indicators suggest potential further gains toward $0.55 if key resistance levels are broken, driven by expanding institutional adoption and blockchain financial infrastructure. However, risks include resistance near $0.47 and broader crypto market volatility.
Venice Token surged 11.16% to $16.27, driven by its recent integration with a major decentralized finance platform, boosting investor interest. Other notable gainers include MemeCore, XDC Network, Algorand, and Kite, each rising due to factors like m...
MemeCore surged 9.45% to $3.47, leading gains among the top 100 cryptocurrencies by market cap, followed by NEAR Protocol, Ondo, Injective, and edgeX with increases between 6.3% and 7.6%. This reflects a rotation into higher-risk, high-beta tokens as...
On May 6, XRP was used as a settlement layer in a landmark cross-border transaction involving tokenized U.S. Treasuries, coordinated by Ripple, JPMorgan, Mastercard, and Ondo Finance. The transaction linked multiple institutions and systems, settling...
KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...
Cosmos Hub (ATOM) surged 4.17% to $2.01, leading altcoin gains thanks to its blockchain interoperability focus and recent ecosystem developments. Other notable increases included Stable (STABLE) up 2.86%, Monero (XMR) up 0.82%, and Figure Heloc (FIGR...
