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Ondo Finance's ONDO token drops 12% despite wallet interactions surpassing one million

Protocol Fundamentals
29 Sep 2026
Tokenpost
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Bearish
Ondo Finance's ONDO token drops 12% despite wallet interactions surpassing one million

Ondo Finance's ONDO token fell 12.09% to about $0.5084 amid a broader crypto market pullback. Despite the price drop, wallet interactions with Ondo's tokenized assets—including stocks, ETFs, and U.S. Treasury products—have exceeded one million, signaling growing user engagement. Ondo Finance offers tokenized real-world assets across Ethereum, Solana, and BNB Chain, with over $2.5 billion in total value locked as of January 2026. The $0.50 price area remains a key support level to watch for potential recovery or further decline.

Ondo's ONDO token has a market cap of Rp44.62 trillion and a 24-hour trading volume of Rp6.81 trillion on Pluang as of September 29, 2026, 23:31 WIB. The token's price on Pluang is Rp9,098, down 3.74% in the last day, with 59% of order activity being buys and a typical hold time of 45 days. This trading activity highlights ongoing investor interest despite recent price declines noted in the broader market.

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