Ondo Finance's ONDO token rose 8% to around $0.52 after breaking above $0.50 resistance, supported by increased trading volume and exchange outflows. The IMF highlighted Ondo's dominance in the $2.3 billion tokenized-stock market but warned of liquidity risks and volatility due to concentrated retail demand and limited large investor participation. Technical indicators suggest bullish momentum could push ONDO toward $0.60, though sustaining this depends on holding the $0.50 support level. The token's future growth hinges on whether Ondo's expanding tokenized-stock business can attract sustained buying interest.
Ondo's ONDO token is trading at Rp9.049 on Pluang as of Oct 12, 2026 18:21 WIB, showing a 5.04% gain in the last day, slightly below the 8% rise noted in the article. The token's market cap stands at Rp44.23 trillion with a 24-hour volume of Rp5.5 trillion, indicating solid liquidity despite IMF concerns about market concentration. On Pluang, buying interest is stronger than selling at 57% versus 43%, with typical holders maintaining positions for about 45 days, reflecting cautious but sustained engagement.
The tokenized-stock market has grown to $3.9 billion, with Ondo Finance holding the largest share at $992.3 million. Together with xStocks and Binance bStocks, these three issuers make up about 74% of the market. Tokenized stocks are blockchain-based...
A wallet linked to mcaavebank.eth transferred 9 million ONDO tokens, valued at about $4.47 million, to the OKX exchange on October 9. While this move makes the tokens available for trading, there is no confirmation that the tokens were sold or traded...
A major ONDO investor sold 9 million tokens worth $4.4 million after five months of liquidity provision, signaling fear amid a crypto market downturn. Despite this, ONDO rebounded from $0.43 to $0.49, supported by Ondo Finance's launch of 24/7 Privat...
On October 9, a wallet holding ONDO tokens for over a year transferred 9 million tokens valued at approximately $4.47 million to the OKX exchange at a price of $0.4963 each. The wallet, known as mcaavebank.eth, had previously provided liquidity for O...
Citrini Research analyzed how tokenization might expand onchain trading and lending, spotlighting projects like Aave, Ondo, and Uniswap. The report notes that increased onchain activity doesn't always lead to higher token prices, emphasizing the impo...
