Ondo price jumps 13% on strong Q1 results and major institutional partnerships

Ondo's price surged nearly 13% to around $0.30, driven by strong Q1 2026 revenue of $13.26 million and a total value locked of $3.53 billion. Institutional integrations with Fidelity, PayPal, Mastercard, and JPMorgan boosted confidence in the tokenized real-world asset platform. Investors are also optimistic about a potential fee-switch vote later in 2026 and Ondo's planned expansion to the Solana network, which could increase accessibility and trading volume. Ondo currently holds a dominant 60-70% market share in tokenized equities, reinforcing its leadership in this growing sector.